PepsiCo announces plans to construct new snacks factory in Vietnam
PepsiCo, a major player in the food and beverage industry, is making a significant investment in the Asian market with the construction of a new...
Category : Finance
Ownership of Italy’s Salpa & Cherubini Biscuit Maker Transfers with Majority Stake
Salpa & Cherubini, an Italian ice-cream sandwich and biscuit maker, has experienced a change in majority ownership. Luxemburg-based private-equity fund Equinox has sold its 63%...
Paul Jewer Takes Over as High Liner Foods’ Full-Time CEO
North American frozen seafood manufacturer High Liner Foods recently promoted its Chief Financial Officer Paul Jewer to the position of CEO. Jewer has been acting...
Aryzta makes new investment in bakery facility in Australia
Aryzta, based in Switzerland, has commenced the construction of a new bakery in Perth, Western Australia. The company will invest an estimated €40m ($43.7m) in...
Chobani Expands into Ready-to-Drink Coffee Market with Acquisition of La Colombe
Chobani has expanded its product offerings by entering the high-growth ready-to-drink coffee category through the acquisition of La Colombe, furthering its evolution into a diversified...
Francis Kint Appointed as CEO of Greenyard
Greenyard, the Belgium-based fruit-and-veg group, has announced a change in leadership as it moves towards consolidating its top management structure. Francis Kint, the current Managing...
Bain Capital provides “significant” support to Sports nutrition group 1440 Foods
In recent news, US-based sports and active nutrition company 1440 Foods recently announced that they have secured a significant investment from private-equity firm Bain Capital....
Private Equity Firm CD&R Finalizes Acquisition of Shearer’s Foods, a Leading US Snacks Company
Shearer’s Foods, a US snacks business, is set to be acquired by local investor Clayton Dubilier & Rice (CD&R). CD&R has reached an agreement to...
Honestly Tasty, a plant-based cheese maker, sets sights on UK expansion following successful fundraising campaign
In the “food and beverage industry trends,” UK plant-based cheese supplier Honestly Tasty is seeking to expand its reach in the “food and drink business”...
“Pastificio Rana Secures Funding from Italian Business Ministry for Production Expansion”
Pastificio Rana, a fresh pasta and sauces maker, has secured a development agreement valued at around €10m ($10.8m) with the Italian Ministry of Business and...