Spanish veg group Foodiverse to receive “significant stake” from Taylor Farms
US-based salad producer Taylor Farms is set to acquire a stake in the Spanish vegetable group Foodiverse, as part of a “cash capital increase” agreement...
Category : Finance
US brands Marie’s and Dean’s to be acquired by Brynwood Partners
Private-equity firm Brynwood Partners has acquired the Marie’s salad dressings brand and the Dean’s dip business from US manufacturer Ventura Foods. This purchase includes a...
India Implements Ban on Non-Basmati Rice Exports to Regulate Domestic Prices
India Implements Ban on Non-Basmati White Rice Export India has taken immediate action to address rising prices and ensure availability of rice by imposing a...
Mama Rosie’s, a local pasta maker, acquired by US company Seviroli
Seviroli Foods, a US manufacturer, has acquired fellow pasta maker Mama Rosie’s for an undisclosed sum. New York State-based Seviroli, which specializes in manufacturing frozen-filled...
E2P Acquires MBC Companies, a Frozen Goods Group Supported by Private Equity
In a significant transaction, private-equity-backed baked goods group MBC Companies has been acquired by US-based private-equity firm Entrepreneurial Equity Partners (E2P). The financial details of...
Cloetta Streamlines Product Assortment to Reduce Pricing Expenses
Cloetta, the Sweden-based confectionery maker known for brands such as Candyking and The Jelly Bean Factory, is making strategic changes to its pick-and-mix assortment to...
Bobbie successfully acquires Nature’s One, a prominent US infant-formula competitor.
Bobbie, a US infant-formula challenger in the food and beverage industry, has acquired peer Nature’s One, positioning itself as the third-largest fully-integrated brand in the...
JBS Pumps Substantial Funds into Australian Operation
Brazilian meat giant JBS’s Australian subsidiary Rivalea has invested A$20m ($13.7m) in upgrading its facility, demonstrating its commitment to growth and improvement in the food...
Patanjali Ayurved, owner of Patanjali Foods, reduces stake in compliance with regulatory rules
Patanjali Ayurved, an Indian FMCG giant, is reducing its stake in local edible oil supplier Patanjali Foods. This move comes as the market regulator, the...
Volume declines do not deter US private-label as it outperforms brands
The opening half of 2023 saw a decline in volume sales of both private-label and branded goods in the US food and beverage industry. However,...