Greenery, a fruit-and-vegetable group, appoints Markowski as CEO
The Greenery has appointed David Markowski as its new CEO. Before assuming this role, Markowski served as the company’s strategy director for nearly four years....
Category : Finance
E20 Investment Acquires Majority Stake in Turkey’s Lucky Fish Seafood Supplier
E20 Investment, based in the United Arab Emirates, has recently acquired a majority stake in Lucky Fish, a fish processing business in Turkey. The acquisition...
New industry organization, Future Ocean Foods, forms with alternative-seafood producers as founding members
The formation of Future Ocean Foods signals a burgeoning sector within the food and beverage industry. This alliance, which includes 36 businesses across 14 countries...
Nomad Foods Focuses on Recovering Lost Volumes and Shelf Space from Price Decreases
Nomad Foods, one of Europe’s largest frozen-foods makers, is targeting the restoration of lost volumes in the face of expected growth next year. “The company’s...
Fonterra unveils new strategy to reduce farm emissions
Fonterra, the New Zealand dairy cooperative, has unveiled a new on-farm emissions target alongside a new climate roadmap and voluntary climate-related disclosure report. The business...
SunOpta says US plant-based milk competition is set to intensify
SunOpta’s West Life soy milk is looking to increase its promotional activity in the US retail market for shelf-stable, plant-based milk to boost sales next...
Nissin Foods to invest $288 million in third US manufacturing plant
Nissin Foods Holdings, a Japanese instant noodle and ramen producer, is set to invest $228m in a new manufacturing plant in Greenville County, South Carolina....
General Mills introduces new “growth equity fund” as part of a restructuring in their venturing strategy
General Mills has made a strategic move in the pet food and supplement market by acquiring the business, Fera Pets. The acquisition represents the first...
Seneca Foods acquires Green Giant shelf-stable products from B&G Foods
B&G Foods has announced the sale of the ambient element of its Green Giant vegetable product line in the US to Seneca Foods, a supplier...
Overseas Sales of Beyond Meat Surge While US Sales Decline
The geographic disparity in sales and volumes for US-based Beyond Meat has seen a decline in its home market, but a significant surge overseas. CEO...