Interim CEO appointed by High Liner Foods
High Liner Foods, a leading player in the food and beverage industry, has chosen Paul Jewer, their chief financial officer, as its interim CEO following...
Category : Finance
Grupo Bimbo makes a substantial investment in production ventures in Argentina
Mexican baked goods giant Grupo Bimbo has announced its largest investment in Argentina since entering the country almost three decades ago. The company has recently...
Superior Foods International Acquired by Peru’s Viru Group in Fruit and Vegetable Purchase
Peru’s Viru Group Acquires US Frozen Fruit and Vegetable Company Superior Foods International Peru’s Viru Group has made the strategic decision to acquire Superior Foods...
UK sandwich plant avoids strike as Greencore proposes improved pay offer
A potential strike at a Greencore UK sandwich plant has been avoided following a new pay offer from the food-to-go company. Employees at the Manton...
Mars presents revised roadmap for achieving net-zero, introduces ambitious 2030 goal
US confectionery and pet-food giant Mars has set ambitious net-zero pledges, including a 2030 target for the first time. This aligns with the company’s commitment...
EU finds BPA, posing health risk to millions, present in “up to 100%” of Europeans
Bisphenol A (BPA), a hormone-disrupting chemical commonly used in beverage packaging and found in items such as reusable water bottles, plastic and metal food containers,...
Grocery Prices Retreat Again, Providing Additional Relief to US Consumers
US consumers have experienced a slight relief in August as grocery prices continue to ease from last year’s highs. According to the US Bureau of...
Hilton Food set to establish inaugural protein plant in Canada following successful procurement agreement with Walmart
Hilton Food Group is set to establish its inaugural manufacturing plant in Canada following a lucrative long-term protein supply agreement with leading grocery retailer Walmart....
Danone’s latest capex targets ageing populations
The food and beverage industry is constantly evolving, and companies are continuously looking for new opportunities to cater to consumer trends. One such company is...
Danone establishes revolutionary supplier collaboration program
Danone, the owner of popular brands Activia and Evian, has introduced a “global strategic partnerships programme” aimed at nurturing stronger relationships with suppliers, start-ups, and...