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,...
Category : Finance
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...
FreshRealm, a US meal supplier, acquires kits firm Marley Spoon
FreshRealm, a US ready-meals manufacturer, has acquired the “operational assets” of meal-kits business Marley Spoon. The company, which previously acquired assets from Blue Apron, another...
Italian pasta manufacturer Seviroli Foods acquires assets from Japanese corporation Ajinomoto
Seviroli Foods, a US-based frozen pasta manufacturer, has recently acquired a range of Italian food assets from Ajinomoto Group, a Japanese company. This acquisition includes...
Sigma Alimentos from Mexico invests in Chunk Foods
Chunk Foods has received investment from Sigma Alimentos, a Mexican meat and dairy company. The deal will lead to the development of a new range...
Henry Dimbleby establishes an investment firm with the goal of enhancing the global food system
In a statement, The co-founder of the Leon food chain, Henry Dimbleby, has recently launched an investment firm called Bramble Ventures. This firm will make...
Sara Lee desserts in Australia saved from administration crisis
The Sara Lee desserts business in Australia and New Zealand has been acquired by private company and saved some 200 jobs. The frozen-foods business entered...
Mycelium-Based Proteins Company, Infinite Roots, Secures Investment from Haribo and Rewe
Infinite Roots, a developer of mycelium proteins, has secured investment from several companies including Haribo’s holding company in a $58M Series B round. The company...
Standard Meat expands its US processing plant network
Standard Meat Company has recently acquired a new protein processing plant in Texas with the intention of expanding its production capacity to meet the increasing...
Arla in negotiations to acquire assets of Hero Group in Sweden
The company Arla Foods is currently in discussions to acquire a factory in Sweden. Hero Group has plans to close their factory in Götene, in...