Local Baker Country Style Foods Acquires Nestlé Confectionery Site in UK
The recent sale of Nestlé’s confectionery facility in Fawdon, UK has been confirmed, just weeks before it was scheduled to close. The local bakery business,...
Category : Finance
Montague, an Australian fruit supplier, merges with local counterpart Pomona Valley.
In a strategic move, Canada-based investment fund Ontario Teachers’ Pension Plan (Ontario Teachers’) and its Australian agri-food subsidiary AustOn Corporation (AustOn) have announced a new...
Hunter & Gather, a UK-based company specializing in natural food, aims to expand to the US market.
Hunter & Gather, a UK-based condiments and supplements manufacturer focusing on healthier options, is set to expand into the US market. The London company, founded...
EIB and Billerud Sign SEK 1.3 Billion Loan Agreement for Bioproduct Mill Upgrade
The European Investment Bank (EIB) has signed a SEK 1.3 billion (approximately €110 million) loan agreement with Swedish company Billerud, a world-leading paper and packaging...
Accusations of “Misleading” Sustainability Claims Made Against UK Scampi Suppliers
The seafood industry is under scrutiny with claims that some retailers and suppliers are misleading consumers regarding the sustainability of their products. UK charity Open...
South Mill Champs acquires fruit supplier, World Fresh Produce
South Mill Champs, one of the largest mushroom processors in North America, has recently acquired World Fresh Produce, a fresh fruit grower and sourcing business...
Amit Pandhi named as new CEO of US frozen food company Harvest Food Group
US-based frozen food producer Harvest Food Group has named Amit Pandhi, the former CEO of Velocity Snack Brands, as its new CEO. The company, which...
Biomel receives funding to increase production of gut-health brand
Biomel, a UK gut-health beverages brand, has secured £5.5m ($6.9m) investment from VC firm Iris Ventures to support the company’s expansion plans. The funding will...
Müller divests DTC business Milk & More to UK group Freshways
Müller has announced its decision to sell its UK milk delivery business, Milk & More, to local dairy group Freshways in the new year, without...
Sofiprotéol acquires a share in French company Martin-Pouret
Sofiprotéol, part of French agri-food company Avril Group, has made a move to bolster its portfolio by acquiring a minority stake in vinegar producer Martin-Pouret....