Merger between Australian Plant-Based Businesses Fenn Foods and All G Announced
Fenn Foods and All G Foods, two prominent Australian plant-based meat companies, have merged to create The Aussie Plant Based Co. The merger will establish...
Category : Finance
Jelly Belly becomes the newest acquisition for Ferrara Candy Company
Ferrara Candy Company has made another move in the M&A market with the acquisition of Jelly Belly Candy Company, a US confectionery business. The financial...
Amadori Acquires Majority Stake in Italian Poultry Company Forno d’Oro
Italy-based poultry heavyweight Amadori has recently acquired a majority stake in local peer Forno d’Oro, a company specializing in ready-to-eat sliced poultry, for an undisclosed...
Almarai Stake Under Consideration for Sale by Savola Group
Savola Group is reportedly considering selling its stake in Saudi Arabian peer Almarai Co. Citing unnamed sources, Bloomberg has reported that Savola Group is working...
Mowi, Leading Seafood Company, Announces Closure of Scotland Plant
Seafood giant Mowi plans to close a fish processing plant in Scotland, citing cost-saving measures as the reason behind the decision. The Dingwall facility in...
CMA investigation leads to cancellation of Whitby Seafoods acquisition
In light of a Competition and Markets Authority (CMA) investigation, UK supplier Whitby Seafoods has decided against acquiring Kilhorne Bay Seafoods. On May 2, 2023,...
Nature’s Touch acquires SunOpta’s frozen fruit assets as the company departs the business
SunOpta has divested a portion of its frozen fruit assets to Nature’s Touch, a Canada-based specialist in the food and beverage industry trends. The deal,...
VFC to Acquire Clive’s, a Leading Plant-Based Manufacturer
VFC Foods Ltd has agreed to acquire Clive’s Purely Plants, a plant-based manufacturer of pies, quiches, and nut roasts. This strategic move not only expands...
First UK factory of Pasta Evangelists, owned by Barilla, has been unveiled
Pasta Evangelists, the direct-to-consumer business owned by Italian pasta and sauce heavyweight Barilla, is set to open its first UK factory this month. The new...
Tempo Group rescues Nourish Foods from administration
Nourish Foods, an Australian healthy kids’ snacks business, has been acquired by Tempo Group of Companies after entering voluntary administration earlier this year. The company...