Finance Archives - Page 125 of 166 - Food and Beverage Business

PepsiCo reports a “slowdown” in the US with declining volumes in the fourth quarter

FAB Team12 February 202412 February 2024

by FAB Team12 February 202412 February 20241223

PepsiCo CEO Ramon Laguarta has emphasized a “slowdown” in its US operations after experiencing volume declines in its convenient foods business. This comes as part...

Finance

Unilever’s Ice Cream Sales Fall Short Amidst Private-Label Challenges

FAB Team12 February 202412 February 2024

by FAB Team12 February 202412 February 20241415

Unilever has announced plans to address challenges in its ice-cream business after a lackluster performance in 2023. The segment, comprising 13% of the company’s turnover,...

Finance

Meadow Foods achieves £588m in turnover for the 2022/23 fiscal year

FAB Team12 February 202412 February 2024

by FAB Team12 February 202412 February 20241074

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...

Finance

BellRing Brands experiences strong sales growth with double-digit pricing reversal volumes

FAB Team12 February 202412 February 2024

by FAB Team12 February 202412 February 2024862

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...

Finance

US Food Company, Creations Foods, Acquires Highkey in a Deal to Expand Healthier Snack Options

FAB Team12 February 2024

by FAB Team12 February 20241254

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...

Finance

Grupo Hidalgo in Spain acquires a new facility for poultry and turkey meats

FAB Team9 February 20249 February 2024

by FAB Team9 February 20249 February 20242133

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...

Finance

Margherita, a pizza maker owned by Idak, acquires controlling interest in ProPizza, a fellow pizza company.

FAB Team9 February 20249 February 2024

by FAB Team9 February 20249 February 20242185

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...

Finance

Conor Galvin named new CEO of Ornua

FAB Team8 February 20248 February 2024

by FAB Team8 February 20248 February 20241747

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...

Finance

Tyson Foods Maintains “Cautiously Optimistic” Outlook Following Strong Sequential Operating Performance

FAB Team8 February 20248 February 2024

by FAB Team8 February 20248 February 20241104

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...

Finance

The Compleat Food Group Enters the Market to Purchase SK and Zorba

FAB Team8 February 2024

by FAB Team8 February 20241487

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...

Category : Finance

PepsiCo reports a “slowdown” in the US with declining volumes in the fourth quarter

Unilever’s Ice Cream Sales Fall Short Amidst Private-Label Challenges

Meadow Foods achieves £588m in turnover for the 2022/23 fiscal year

BellRing Brands experiences strong sales growth with double-digit pricing reversal volumes

US Food Company, Creations Foods, Acquires Highkey in a Deal to Expand Healthier Snack Options

Grupo Hidalgo in Spain acquires a new facility for poultry and turkey meats

Margherita, a pizza maker owned by Idak, acquires controlling interest in ProPizza, a fellow pizza company.

Conor Galvin named new CEO of Ornua

Tyson Foods Maintains “Cautiously Optimistic” Outlook Following Strong Sequential Operating Performance

The Compleat Food Group Enters the Market to Purchase SK and Zorba

Sidel to Unveil Next-Generation Sustainable Packaging and Processing Solutions

British Berry Growers joins £7.1m investment in robotics

FrieslandCampina Aims to Reduce Milk-Transport Emissions

Pulpex Opens Glasgow’s First Commercial Paper Bottle Factory

Carlsberg Britvic to Shut Marston’s Burton-upon-Trent Brewery

Italian Cured-Meat Company Capitelli Sold