Bakkavor Sells Its Chinese Operations
Bakkavor, a leading supplier of fresh products, is currently engaged in a takeover proposal from Greencore and has decided to sell its operations in China....
Category : Finance
Maestrani Schweizer Schokoladen Acquires Chocolat Ammann
Maestrani Schweizer Schokoladen has announced its acquisition of fellow Swiss chocolatier Chocolat Ammann for an undisclosed amount. This strategic move aligns with the company’s plan...
Joyvio Food Sells Salmon Subsidiary Australis
Joyvio Food, a subsidiary of Joyvio Group, has sold its entire stake in Australis Seafoods, a Chilean salmon supplier. This divestiture comes as the struggling...
Armanino Foods of Distinction Names New CEO
U.S. pesto and pasta producer Armanino Foods of Distinction has appointed Deanna Jurgens, a former executive at Bonduelle and Beyond Meat, as its new CEO...
Brownes Dairy in Australia Now Available for Sale
Australia’s Brownes Dairy is currently up for sale, according to confirmation from the restructuring advisory firm appointed to oversee the process. McGrathNicol Restructuring has been...
Lantmännen Raises Investment in SimSuFoodS
Swedish agri-food group Lantmännen has significantly increased its investment in the local company SimSuFoodS, now acquiring a majority shareholding in the food and drink business....
MHP-supported Poultry Group Uvesa Expands Production Investment
Spanish poultry leader Uvesa, primarily owned by Ukraine’s MHP, is set to enhance its operations with the establishment of a new facility in Northern Spain....
German Bakery Giant Harry-Brot Receives Approval to Acquire Rewe Plant
German bakery group Harry-Brot has received approval from competition officials to acquire a factory from major grocery chain Rewe, marking a significant move in the...
Yoplait Takes Legal Action Against Danone Over Yogurt Imitation Claims
Yoplait is taking legal action against Danone, alleging that the company has replicated its popular Skyr yoghurt range. This product originates from Iceland and is...
Olidor Group Acquires UK Bakery Brand Four Anjels
Food investment company Olidor Group has successfully acquired a majority stake in Four Anjels, a supplier of baked treats. This strategic move underscores Olidor’s commitment...