Tata Consumer Products Acquires Capital Foods and Organic India
Tata Consumer Products has recently acquired two Indian food companies, Capital Foods and Organic India, for a combined fee of Rs70bn ($845m). This strategic move...
Category : Finance
Executive Reshuffle at TasFoods Results in Appointment of Josh Fletcher as CEO
TasFoods, the Australian poultry, cheese, and pet-food business, is set to undergo an executive reshuffle as CEO Scott Hadley announced his resignation, to pursue new...
Panicium, a UK-based company, acquires The Bury Black Pudding Company
The Bury Black Pudding Company has been purchased by Panicium, a UK-based buy-and-build entity focused on the artisan food sector. Panicium acquired the company for...
Private-equity firm acquires a 20% share in Bakkavor
US-based hedge fund Baupost has sold its minority stake in UK-based food manufacturer Bakkavor to private-equity firm LongRange Capital. In a stock-exchange filing, Boston-headquartered Baupost...
Krishna Kaliannan steps down as CEO of Catalina Crunch
Catalina Crunch, a start-up breakfast cereal company, is going through executive changes in the food and beverage industry. Founder Krishna Kaliannan is stepping down as...
PAI Partners considers options regarding its stake in a joint venture with Nestlé
PAI Partners is currently considering the possibility of selling its stake in Froneri, its ice-cream venture with Nestlé. The private-equity firm is in the early...
Grupo Bimbo acquires gluten-free bakery company Amaritta in Spain
In a move designed to meet evolving consumer demands and trends, the food and beverage giant Grupo Bimbo has announced the acquisition of Spain-based gluten-free...
T&L Sugars’ plan to move to Tereos site may face investigation in the UK
The deal between T&L Sugars and Tereos for the acquisition of a UK packing and distribution site in Normanton, West Yorkshire is being investigated by...
Danone to shut down yogurt production facility in Spain
French dairy giant Danone has confirmed its plan to close its dairy and plant-based yogurts facility in Parets del Vallès, located north of Barcelona, Spain,...
French butter manufacturer Loyez Woessen sets sights on international markets
France-based butter supplier Loyez Woessen, now known as Abondia, is expanding its presence in the food and beverage industry. An investment by BNP Paribas Développement...