Finance Archives - Page 152 of 164 - Food and Beverage Business

Campbell Soup Co. alerts about Noosa yogurt disposal following Sovos Brands deal

FAB Team8 August 2023

by FAB Team8 August 2023813

Analysis: Campbell Soup Co. Plans to Divest Yogurt Component Post Sovos Brands Acquisition According to Campbell Soup Co., the yogurt component of Sovos Brands’ portfolio...

Finance

Campbell Soup Co. Acquires Sovos Brands, Its US Peer

FAB Team7 August 20238 August 2023

by FAB Team7 August 20238 August 20231127

Campbell Soup Co. has announced its acquisition of Sovos Brands, a US food manufacturer, in a deal valued at $2.7bn. Sovos, known for brands such...

Finance

Shearer’s Foods considers selling US snacks business in possible $3 billion deal

FAB Team7 August 2023

by FAB Team7 August 20231002

Shearer’s Foods, a private-label snack maker and co-manufacturer based in Ohio, is reportedly considering a sale of its US snacks business for approximately $3bn, including...

Finance

Lexi’s Brand Joins The Serious Sweet Company in Exciting M&A Deal

FAB Team7 August 2023

by FAB Team7 August 20231051

The Serious Sweet Company (SSC) expands its UK confectionery portfolio through the acquisition of Lexi’s brand owner, Nom Bites. SSC has been on an active...

Finance

Grain deal revives FAO index as India’s rice export ban is reversed

FAB Team7 August 2023

by FAB Team7 August 2023825

Global food commodity prices increased in July due to the end of the Black Sea grain deal and India’s ban on non-basmati rice exports. According...

Finance

Kellogg’s Margins Skyrocket as Volumes Set for “Sequential Improvement”

FAB Team7 August 2023

by FAB Team7 August 20231095

Kellogg’s is experiencing a faster recovery in its gross margin than expected, indicating a positive shift in industry “bottlenecks”. Despite facing significant pricing challenges over...

Finance

Nestlé’s India Investment to Exceed $500m by 2025

FAB Team7 August 2023

by FAB Team7 August 2023956

Nestlé plans to invest Rs42bn ($507.5m) in its business in India between 2023 and 2025. The Swiss giant has already spent Rs21.3bn in the first...

Finance

Yakult Plans to Establish Second Factory in the United States

FAB Team7 August 2023

by FAB Team7 August 20231104

Yakult plans to enhance its US production capabilities to capitalize on the growing food and beverage industry trends. The Japan-based company has selected the state...

Finance

Expect a gradual decrease in Kraft Heinz’s price-linked volume decline due to improved margins encouraging increased investments.

FAB Team3 August 2023

by FAB Team3 August 20231107

Kraft Heinz is expecting a positive turnaround in volume and pricing in 2024, following a period of double-digit pricing losses in the first half. After...

Finance

Seed financing secured by Konscious Foods to promote alternative seafood

FAB Team2 August 2023

by FAB Team2 August 2023804

Konscious Foods, a newly-launched alt-seafood business in Canada, has secured C$26m ($19.5m) in seed funding to drive distribution growth. The Vancouver-based company was founded this...

Category : Finance

Campbell Soup Co. alerts about Noosa yogurt disposal following Sovos Brands deal

Campbell Soup Co. Acquires Sovos Brands, Its US Peer

Shearer’s Foods considers selling US snacks business in possible $3 billion deal

Lexi’s Brand Joins The Serious Sweet Company in Exciting M&A Deal

Grain deal revives FAO index as India’s rice export ban is reversed

Kellogg’s Margins Skyrocket as Volumes Set for “Sequential Improvement”

Nestlé’s India Investment to Exceed $500m by 2025

Yakult Plans to Establish Second Factory in the United States

Expect a gradual decrease in Kraft Heinz’s price-linked volume decline due to improved margins encouraging increased investments.

Seed financing secured by Konscious Foods to promote alternative seafood

Ginstberg Selects Amcor Tamper-Evident Closure for Mineral Water Bottles

Cranswick Acquires Stake in UK Pork Company The Jolly Hog

Kepak Expands Shelf Life of Chilled Snacks with MAP Packaging

Ryvita Introduces a ‘Guilt-Free’ Crisp Alternative

Mane Pioneers a New Era in Scalable Sugar-Reduction Solutions

MAGIC S.p.A. Orders Advanced Food Pad Production Line with Airlaid Technology from...