Brownes Dairy Launches Full+ Meal Replacement Line
Brownes Dairy has made a significant move into the meal replacement sector with the launch of its new brand, Full+. In a statement released on...
Category : Finance
Hormel Foods Divests Whole Turkey Division
Hormel Foods has announced a strategic move to sell its whole-bird turkey business to Life-Science Innovations (LSI) as part of its efforts to refine its...
General Mills Dashes Growth Expectations
General Mills Faces Organic Sales Challenges Amid Consumer Sentiment Shifts General Mills has eliminated the possibility of organic sales growth for this year, as recovery...
MidEuropa Partners Acquires Stake in Oshee
Private-equity firm MidEuropa Partners has recently acquired a “significant minority stake” in Oshee, a notable player in the European protein bars and functional beverages sector....
Smithfield Foods to Construct New Facility in South Dakota
Smithfield Foods has unveiled plans to replace its century-old facility in South Dakota with a modern packaged meats and fresh pork processing plant in Sioux...
Cerealto Sells Pasta Division to Cerealis
Cerealto, a prominent player in the Spanish private-label sector, has reached an agreement to divest its pasta business to the Portuguese agri-food company, Cerealis. This...
Aviko Acquires Majority Stake in Spanish Competitor Eurofrits
Dutch potato-products supplier Aviko has expanded its presence in the food and beverage industry by acquiring full control of the Spanish frozen-food manufacturer Eurofrits. Previously...
Nestlé Faces Setback as Brazil Recalls Alfamino Formula Due to Iodine Concerns
Nestlé’s infant formula division is under increased scrutiny due to a recent recall in Brazil involving a specific baby powder brand. The company faces challenges...
Increased Job Uncertainty at ABP Food Group Amid Ongoing Meat Industry Challenges
More job reductions are anticipated at Ireland’s ABP Food Group as consultations commence with employees at its Waterford facility. ABP Food Group announced in a...
Saputo Transfers Control of Argentina Division to Grupo Gloria
Saputo recently announced a significant agreement to sell an 80% stake in its Argentina dairy business to Grupo Gloria, effectively transferring control of the operation...