Meadow Foods achieves £588m in turnover for the 2022/23 fiscal year
Meadow Foods produces butter, ghee, soft cheeses and set cultured products, as well as dairy alternatives, chocolate crumb and food decorations. UK ingredients supplier Meadow...
Category : Finance
BellRing Brands experiences strong sales growth with double-digit pricing reversal volumes
BellRing Brands had a successful first quarter, noting a 19% increase in volumes. With the Premier Protein shakes and powders brand showing strong growth, the...
US Food Company, Creations Foods, Acquires Highkey in a Deal to Expand Healthier Snack Options
Creations Foods, a US-based better-for-you snacks company, continues to expand its portfolio through the acquisition of local peer Highkey. The deal, undisclosed in sum, coincides...
Grupo Hidalgo in Spain acquires a new facility for poultry and turkey meats
Grupo Hidalgo, a Spanish fresh and processed meats producer, has bought a new warehouse facility in the central region of Castile-La Mancha. The acquisition of...
Margherita, a pizza maker owned by Idak, acquires controlling interest in ProPizza, a fellow pizza company.
Margherita, an Italy-based pizza manufacturer, has expanded its product range by acquiring a majority stake in local peer ProPizza. The move allows Margherita to cover...
Conor Galvin named new CEO of Ornua
Irish dairy cooperative Ornua has recently appointed a new CEO, current Dairygold chief executive Conor Galvin. Galvin, who will transition to his new position in...
Tyson Foods Maintains “Cautiously Optimistic” Outlook Following Strong Sequential Operating Performance
Tyson Foods reported “solid” first-quarter results and is “cautiously optimistic” for 2024, despite a 9% drop in adjusted operating profit and a modest 0.4% increase...
The Compleat Food Group Enters the Market to Purchase SK and Zorba
The Compleat Food Group has acquired SK Foods and Zorba Foods, dips, and party food specialists. This event highlights a significant business deal within the...
Yowie takeover resumes after holiday delay
The acquisition of Australian confectionery firm Yowie by Keybridge Capital is moving forward. Last week, Yowie noted that the takeover bid had not progressed due...
Nestlé offloads French pizza site to Italpizza
The sale of Nestlé’s pizza manufacturing plant in France to Italy’s Italpizza has been confirmed. The plant was at the center of a fatal E....