Unilever Foods Reaches €6.3 Billion in Food Revenue for H1
The company reported an increase in its underlying operating margin, which reached 20.3%. The underlying operating profit hit €5.2 billion, reflecting a year-on-year rise of...
Category : Finance
Sazerac’s Acquisition Proposal “Does Not Align” with Brown-Forman’s Future Vision
Spirits leader Brown-Forman has turned down an unsolicited takeover proposal from alcoholic beverage firm Sazerac, labeling the offer as “not actionable.” Wolf Pen Branch, LP,...
Spanish Cereal Company Haricaman Secures Investment
Spanish cereal producer Haricaman has welcomed agri-food investor Unigrains as a minority stakeholder. The financial specifics of this arrangement remain undisclosed. Haricaman, a family-run company...
Greencore Increases Profit Outlook Due to Volume Growth
Greencore has upgraded its forecasts for a key profit metric following a report of volume growth that exceeds trends in the broader grocery sector. In...
Léa Nature Acquires Spain’s Nagual Alimentación
French organic food company Compagnie Léa Nature has finalized an agreement to acquire Nagual Alimentación, a Spanish producer of tortillas and wraps. This acquisition was...
Agropur to Divest Fine Cheese Division to Lactalis
Canadian dairy cooperative Agropur has finalized a deal with Lactalis, a leading dairy company, to divest its fine cheese segment. This agreement encompasses the Oka...
SuanNutra Acquisition Establishes a Powerful New Player in Natural Ingredients
SuanNutra is poised to emerge as a frontrunner in the realm of scientifically validated natural ingredients following its agreement to acquire a portfolio of specialty...
Cranswick Acquires Stake in UK Pork Company The Jolly Hog
UK-based meat powerhouse Cranswick has secured a stake in The Jolly Hog, a regional enterprise dedicated to “higher welfare” pork production. According to a joint...
No Cow and Good Karma Foods Join Forces Under Trek One Capital Ownership
Food companies No Cow and Good Karma Foods have transitioned to new private-equity ownership. Hyde Park Capital, serving as the investment bank for this acquisition,...
Dellia Group Considers Opportunities Following Interest in Fruit Snacks Company
Norwegian snack firm Dellia Group has announced that it is exploring “strategic alternatives” following expressions of interest from multiple buyers. In a recent stock exchange...