Tropical Cheese Expands into Meat Market with Cibao Acquisition
Investor-backed Tropical Cheese has expanded its dairy portfolio with the acquisition of Cibao Meat Products, enhancing its footprint in the food and beverage industry. This...
Category : Finance
Corvera raises £1.5m with ‘UK first’ AI to transform FMCG business operations
Tech startup Corvera has raised £1.5m to launch a pioneering AI software solution designed to give US & UK FMCG businesses fully automated supply chains and operations. The raise...
UK to Gradually Eliminate Cage Systems for Egg-Laying Hens
The UK Labour government has announced a significant initiative aimed at enhancing the welfare of egg-laying hens and addressing inhumane practices associated with lambs. Under...
Dutch Merger Forms Royal Van Ballegooijen Foods
The Dutch butter and dough manufacturers, Royal VIVBuisman and Van der Pol, have announced their merger, forming Royal Van Ballegooijen Foods (Royal VBF). Previously, Van...
IDAK Food Group Acquires French Bakery Onoré
IDAK Food Group has expanded its acquisition strategy by securing a deal for the France-based bakery company, Onoré. Based in Toulouse, Onoré is renowned for...
French Regulator to Review Retail Partnerships Aura and Concordis
France’s competition authority is conducting a review of two retailer purchasing alliances—Aura and Concordis—established in the last two years. The aim is to determine whether...
Impossible Foods Targets Bread and Pasta Amid Rising Competition in Alternative Meat Sector
Impossible Foods has announced a strategic partnership with Equii, a food tech company, to enhance its protein portfolio beyond just plant-based meat products. This alliance...
Grupo Bimbo Acquires Joy Food in Morocco
Grupo Bimbo has officially announced its acquisition of Joy Food International, a prominent producer of industrial bread based in Morocco. This strategic move underscores Grupo...
Lamb Weston Shuts Down Argentina Facility and Reduces Operations in Netherlands
Lamb Weston, a U.S. supplier of potato products, is closing one of its manufacturing plants in Argentina while also reducing production in the Netherlands. The...
Vion Shuts Down German Meat Plant After Sale Attempt Fails
Vion Food Group has announced the “permanent” closure of its deboning facility in Hilden, Germany, following the rejection of a proposed sale by competition authorities....