Australia Dairy Code breaches result in penalties for Lactalis
Lactalis, a major dairy processor in Australia, has been fined A$950,000 ($644,000) for breaching Australia’s dairy code of conduct during the 2020-21 milk season. The...
Category : Finance
New funding secured by UK-based gum business Milliways, championing plastic-free products
UK plastic-free gum company Milliways has successfully raised £3m ($3.85m) in a recent funding round to expand its distribution across the UK. Founded in 2021,...
AppHarvest Joins AeroFarms in Chapter 11 Proceedings for Indoor Farming
AppHarvest, a leading US indoor-farming company in the food and beverage industry, has recently filed for Chapter 11 bankruptcy protection. This move comes after AeroFarms,...
JLM Global Foods Unveils Massive Expansion Worth One Million Pounds.
Darlington-based JLM Global Foods has secured funding from asset-based lending solutions firm Leumi ABL to support a planned expansion in the business. JLM Global Foods...
Italy farmers criticise Lactalis for “unjust” trading practices
France’s dairy giant, Lactalis, has been accused of engaging in “unfair” trading practices in milk procurement by Italy’s principal farmers’ association. Coldiretti, representing Italy’s agricultural...
Bounce Foods, an Australian protein snacks manufacturer, succumbs to administration
In the food and beverage industry, keeping up with the latest trends is crucial for success. From food manufacturing to distribution, staying ahead of the...
Guillem Export Joins Forces with Frutas Tono, a Spanish Citrus Fruit Partner
The merger of Spanish citrus fruit growers and suppliers, Guillem Export and Frutas Tono, has formed a powerful alliance in the food and beverage industry....
Bimbo Group acquires share in Dutch enterprise Zero Carb Company
Grupo Bimbo, the Mexican bakery giant, has become a shareholder in Zero Carb Company (ZCC), a start-up based in the Netherlands. The financial details of...
Majority Stake in Rokkedahl Food Sold by Scandi Standard
Scandi Standard’s majority stake in Rokkedahl Food, a Denmark-based organic and free-range poultry producer, has been sold back to the minority owner Rokkedahl Food Holding...
Clemens Food’s US Factory Acquired by Godshall’s Quality Meats
Godshall’s Quality Meats, a US-based turkey bacon producer, has acquired a factory from local pork supplier Clemens Food Group. The acquisition of the plant in...