Eshbal Secures Agreement for Gluten Free Nation Assets on Second Try
Israel’s Eshbal Functional Foods has successfully acquired the assets of US-based Gluten Free Nation after a previous deal fell through last year. This acquisition aligns...
Category : Finance
JBS Employees Approve Strike Action at U.S. Meat Processing Facility
Unionized Employees at JBS Meatpacking Plant Vote for Strke Action Unionized workers at a JBS meatpacking facility in Greeley, Colorado, have overwhelmingly voted in favor...
Refresco Acquires SunOpta to Enhance Plant-Based Offerings
Refresco has made a strategic move by acquiring US food-and-beverage group SunOpta, aiming to strengthen its position in the plant-based drinks market. This acquisition aligns...
Smithfield Foods to Shut Down U.S. Production Facility
US pork processor Smithfield Foods has announced the closure of another facility, this time in Springfield, Massachusetts. The company filed a Worker Adjustment and Retraining...
Hershey Aims for Reduced Price Sensitivity Amid Lower Volume Trends
Hershey projects “lower sensitivity” to volume changes from pricing across its product range, even as the confectionery and snacks powerhouse grapples with cocoa inflation. The...
US FDA Modifies Food Color Labeling Regulations
The US Food and Drug Administration (FDA) has updated its labeling regulations regarding food dyes, enabling manufacturers who use ‘natural’ food dyes to claim “no...
The Fini Company Acquires German Confectionery Brand Tri D’Aix
Spain-based Fini Company has acquired the German confectionery firm Tri D’Aix for an undisclosed sum. This strategic move aims to enhance Fini’s position within the...
Good Guys Bakehouse Welcomes Industry Veteran as New Investor
Ex-St Pierre Groupe CEO David Wagstaff has made a significant investment in the emerging UK firm Good Guys Bakehouse, focusing on innovative developments within the...
BellRing Brands CEO Announces Departure
Darcy Davenport, the President and CEO of BellRing Brands, is set to depart from the U.S. sports nutrition company. This announcement coincided with the release...
Japan’s Nichirei Foods Announces Plans for US Frozen Foods Plant
Japan’s Nichirei Foods is poised to enhance its presence in the U.S. market with the establishment of a new frozen food manufacturing facility in Arkansas....