EG Group sells additional convenience stores to Asda
Asda Group has recently announced its acquisition of EG Group’s UK and Ireland business for an estimated value of £2.27 billion, marking another successful step...
Category : Finance
Asda and EG UK merger worth £10bn almost finalised.
Asda is anticipated to take over EG UK in a structured deal that will increase the supermarket’s balance sheet debt, which currently sits at £4.7bn....
In its debut year, Tirlán’s earnings surge to €3 billion with a 36% increase in revenue.
In 2022, Tirlán accomplished a monumental feat by transitioning to a 100% farmer-owned business, and launching a new identity. According to Tirlán Chairman John Murphy,...
Procon, a German coffee service company, acquired by Miko.
Miko Coffee proudly announces its latest acquisition of Procon, a renowned coffee service company based in Magdeburg, Germany. This move marks the beginning of Miko’s...
Cork facility to be invested €127m by PepsiCo
PepsiCo, the global leader in food packaging, has announced the nearing completion of a €127 million investment in its Little Island, Cork manufacturing facility. This...
Centrifuge Production Sites Receive €50 Million Investment from GEA
GEA, a leading supplier of industrial processing technologies, has announced a €50 million investment to modernize its centrifuge production facilities in Olede and Niederahr, Germany....
Cult Food Science to form joint venture with culinary medicine firm Peqish.
Cellular agriculture platform, Cult Food Science, has recently brokered a share exchange agreement with Peqish, an ag-tech company that specializes in creating food as medicine....
Daily Dose receives £5m investment from IW Capital
IW Capital, an investment house, is injecting £5 million into Daily Dose, the UK’s fastest-growing cold-pressed juice and functional drinks business. The investment comes as...
EcoSpirits, a circular economy technology start-up, receives investment from Pernod Ricard.
Pernod Ricard, a renowned global drinks giant, has invested in ecoSpirits, a circular economy technology company, through its venture capital fund Convivialité Ventures. The $10...
Fairlife gains $650m plant from Coca-Cola for ultrafiltered milk brand production.
The Coca-Cola Company has announced its intention to construct a new production facility for Fairlife in New York with a planned investment of $650 million....