Soren Bjorn appointed as CEO of renowned global fruit supplier Driscoll’s
US-based fruit major Driscoll’s has appointed Soren Bjorn as its new CEO, succeeding current CEO Miles Reiter upon his retirement in January. Bjorn, currently serving...
Category : Finance
Promise Holdings adds Edward Marc, a US chocolate maker, to its portfolio
US-based chocolate producer Edward Marc Brands has joined local investor Private Holdings’ Promise Collections confectionery portfolio. The merger will bring together four prominent chocolate...
ScotFresh Group stores acquired by CJ Lang
The acquisition of the ScotFresh Group by CJ Lang & Son marks an exciting development for both companies. With nine ScotFresh branded stores and 130...
Junkless Foods acquires controlling stake in US group Impact Capital
Private-equity firm Impact Capital has acquired a majority stake in US-based granola bar manufacturer Junkless Foods. In a statement, Impact Capital and Junkless Foods expressed...
Arla Foods Makes Strategic Investment in Argentina Facility
Arla Foods Ingredients, a division of Danish dairy giant Arla Foods, is making a significant investment in an existing factory in Argentina. The investment aims...
Body Science, a Humble-owned company, acquires defunct Halo Food’s Australia plant
Body Science International, an Australian sports nutrition business, has acquired a local manufacturing plant previously owned by Halo Food Co. In a LinkedIn post, Sheree...
Samworth Brothers Announces Closure of Revolution Kitchen Plant-Based Factory
UK-based manufacturer Samworth Brothers is set to close its plant-based factory, Revolution Kitchen, later this year. The vegan-approved manufacturing facility, located in Leicestershire in the...
Mastronardi Produce expands with two new AppHarvest greenhouses
Mastronardi Produce, a Canada-based fruit-and-vegetable supplier, has expanded its network by acquiring two former AppHarvest facilities. The indoor-farming business, AppHarvest, filed for Chapter 11 bankruptcy...
FrieslandCampina presents cost-saving strategy
FrieslandCampina, a Dutch dairy co-op, has revealed its intentions to cut costs across its business. The company aims to save €400-500m ($423-528m) in costs starting...
Mondelez Abandons Lower-Sugar Version of Cadbury Dairy Milk
Mondelez International is discontinuing its Cadbury Dairy Milk bar with 30% less sugar, which was initially launched in 2019 as part of the company’s efforts...