Fenwick Brands Completes Acquisition of Wickles Pickles
Fenwick Food Group, an operating platform for food businesses, has acquired US company Wickles Pickles, a supplier of pickles and spreads. Financial details of the...
Category : Finance
Mutti’s New UK Subsidiary Aims for 30% Growth in Ambient Tomatoes and Pasta Sauce Market
Mutti, a family-owned premium Italian tomato business, is looking to achieve a 30% surge in sales this year in the UK, where the company has...
Crosta & Mollica announces investment and new chairman
UK-based Italian food products manufacturer Crosta & Mollica has secured new investment from private equity firm Perwyn Advisors, and announced the appointment of David Milner...
Arla to Increase Production Capacity in Finland
Arla Foods is expanding its production capacity and strengthening its position in the Finnish market by acquiring full ownership of a Finnish dairy building. The...
Hungary to introduce warnings about ‘shrinkflation’ effect on prices
Hungary’s government is taking action to combat “shrinkflation” by requiring larger food retailers to label products affected by this practice. According to a statement from...
Kimberli Carroll promoted to CEO of Ruiz Foods
Ruiz Foods, the US-based owner of the El Monterey Mexican food brand, has made changes to its executive team. Effective from 21 January, Kimberli Carroll,...
Carrefour confirms removal of PepsiCo products from its stores in Poland
In the wake of a pricing dispute with PepsiCo, Carrefour has removed the food and beverage giant’s products from its stores across Europe. The move...
Supreme boosts its sports nutrition offering through acquisition of FoodIQ
UK-based Supreme has expanded its sports nutrition presence with the purchase of FoodIQ, a move that will help the company meet growing demand. FoodIQ, which...
Hyle Capital Partners Acquires Majority Stake in Ciemme, an Italian Gnocchi Manufacturer
Hyle Capital Partners has made a significant investment in Ciemme Alimentari, a potato gnocchi producer based in Milan, Italy, allowing Hyle to take on “a...
Turkey Imposes Fine on Nestlé for Violating Competition Laws, Danone Escapes Unscathed
The food and beverage industry trends have seen Nestlé receiving a fine from Turkey’s antitrust regulator for breaching competition regulations, while Danone remains untouched. The...