Violet Foods Acquires Muir Glen from General Mills with PE Backing
US tomato-products company Violet Foods has successfully acquired the Muir Glen brand from General Mills, marking a substantial move in the food and beverage industry....
Category : Finance
Rise Baking Appoints Industry Veteran McNeil as CEO
Private-equity-backed Rise Baking Company has announced the appointment of Mark McNeil as its new CEO. McNeil brings over 30 years of experience in the food...
Beyond Meat Investors Sue Over Inadequate Disclosure Practices
Beyond Meat’s shareholders are pursuing legal action against the alternative protein company, asserting that the U.S. firm “failed to disclose material adverse facts.” Represented by...
Once Upon a Farm Targets IPO Launch
Children’s food producer Once Upon a Farm has announced its intention to raise over $200 million through an initial public offering (IPO) in the United...
Canada Takes Action Against Food Inflation
Canada’s federal government has announced a comprehensive set of initiatives designed to alleviate food inflation pressures affecting households and support businesses across the food supply...
Great Kitchens Food Now Under Rich Products Ownership
Rich Products is strategically positioning itself for long-term growth in the pizza sector through its recent acquisition of Great Kitchens Food Company, based in Illinois....
Private Equity Eyes Canadian Jam Company Crofter’s Organic
Food-focused private equity platform Power Sustainable Lios has successfully acquired Crofter’s Organic, a Canadian producer of organic jams, jellies, and fruit spreads. This strategic partnership...
Charcuterie Artisans Seek Production Increase Following La Quercia Acquisition
US-based Charcuterie Artisans has announced its acquisition of La Quercia Cured Meats, a strategic move that enhances its position in the food and beverage industry....
ABP Food Group to Close Its Packing Facility in Co. Tyrone
ABP Food Group, based in Ardee, County Louth, has announced the closure of its packing facility in Northern Ireland due to ongoing challenges in the...
EU Parliament Refers Mercosur Agreement for Judicial Review
The European Parliament has made significant strides by voting to refer the much-anticipated EU-Mercosur trade agreement to the bloc’s highest court. This decision, which could...