Mondelez to shut down French biscuit factory
Mondelez International is set to close a biscuit plant in France by the end of 2025 as the snacks giant aims to “safeguard its competitiveness”....
Category : Finance
Apex Group purchases nearby company Tot Snack
Grupo Apex, a Spain-based snacks maker, has recently announced its latest acquisition of Barcelona-based snack company, Tot Snack. This move is part of the company’s...
Nestlé in discussions to offload baby food brands in France
Nestlé is in talks to sell its baby food unit in France to the Parisian private equity group FNB. The potential sale, which is expected...
Mark Cuddigan Named New CEO as Co-founders Transition Out
This article discusses the recent changes in leadership at This, a plant-based food company in the food and beverage industry. The joint founders and CEOs...
Utz sells brands and factories to US snack company Our Home
The US-based company Utz Brands recently sold two brands and a pair of factories to Our Home, the company behind Popchips snacks, as part of...
UK Food and Drink Associations Express Concern Over ‘Not for EU’ Labelling Plan Approval
The UK food and drinks industry is facing concerns over new ‘not for EU’ labels which are to be introduced on all goods targeted at...
Astral Foods provides positive update following “devastating” 2023
In the South African poultry industry, Astral Foods has made “good headway” in addressing the issues it faced in the past year, which led to...
Bridor, owned by Le Duff, secures a deal for “higher-protein” bread
Bakery businesses Equii and Bridor have announced a partnership to produce “higher protein and improved nutrition” products specifically tailored for the North American market. The...
Mondelez Continues Pricing Strategy as Cocoa Inflation Persists
Mondelez International, a branded chocolate and biscuits maker, has signaled that more price hikes are on the horizon following last year’s double-digit pricing. Despite this,...
Fortenova Group Initiates Interest Assessment for the Potential Sale of Agricultural Business Division
Fortenova Group, a Croatia-based conglomerate, is considering potential interest in its agribusiness division from prospective buyers. The company recently released a “teaser to possibly interested...