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...
Category : Finance
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...
Carrefour expands competitive pricing battle with PepsiCo to additional European markets
Carrefour, a prominent supermarket chain, has extended a boycott on PepsiCo products to Spain, Italy, and Belgium in a dispute over price increases. The decision...
Carrefour Takes Stand Against PepsiCo Snacks and Drinks in New Price Campaign
Carrefour is taking a stand against PepsiCo snacks and drinks in an attempt to lower prices for its customers. Starting this January 4th, Carrefour has...
Fruselva’s Expansion into Plant-Based Market Grows with Acquisition of Costa Concentrados Levantinos
At the end of 2021, Spain’s Masergrup and Fruselva announced the acquisition of local business Costa Concentrados Levantinos, specializing in cooking sauces, broths, and vegetable...
Veroni, a company owned by SugarCreek, acquires ProSus Gardenia in a fully Italian deal
Veroni, an Italy-based charcuterie specialist, has recently acquired local pig processing business ProSus Gardenia, expanding its reach within the food and beverage industry. This acquisition...
Surexport takes controlling interest in Jong Fruit
Surexport, a Spain-based berry business, has recently acquired a majority stake in Jong Fruit, a Dutch strawberry producer. Financial details of the deal were not...
Capsa Food acquires the remaining share in dairy company Lácteas Flor de Burgos
Capsa Food has completed its acquisition of Lácteas Flor de Burgos, gaining full ownership of the Spanish dairy business, situated in Burgos, Castilla Leon. In...
DayDayCook’s Presence in US Grows with Yai’s Thai Partnership
DayDayCook, a Hong Kong-founded food business, has acquired US-based Thai cuisine specialist Yai’s Thai. The move signals a significant expansion of DayDayCook’s presence in the...
Cal-Maine agrees to acquire Tyson Foods’ US plant
Cal-Maine Foods, a leading US egg group, has recently acquired a broiler processing plant from meat giant Tyson Foods. The plant, located in Dexter, Missouri,...