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...
Category : Finance
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....
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”....
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...