Atlantic Sapphire Secures Funding Amid Ongoing Takeover Bid
Loss-making salmon farmer Atlantic Sapphire has successfully secured a minimum of $20 million in new funding as its acquisition by Coral Holdco progresses. The company...
Category : Finance
Flowers Foods’ Healthier Snack Options Mitigate Volume Decline
Flowers Foods has strategically repositioned itself within the better-for-you snacks sector, effectively mitigating the pressures faced in the first quarter. The traditional bread market in...
Barilla Expands Production at U.S. Pasta Facility
Italy’s Barilla is gearing up to enhance its pasta production facility in New York state through a comprehensive two-phase project designed to boost its output...
Damm UK Purchases Old Speckled Hen Brands
Damm UK, the British subsidiary of the independent family-owned brewery S.A. Damm based in Barcelona, has reached an agreement to purchase the Old Speckled Hen...
Raisio’s CEO Set to Depart from Finnish Food Company
Raisio CEO Pasi Flinkman is set to exit the Finnish food company after two years in his role. In a statement released today, 21 May,...
Megmilk Snow Brand Co. Revitalises Dairy Production
Japan’s Megmilk Snow Brand Co. is implementing significant changes to its dairy manufacturing operations. The publicly traded company announced that it is consolidating its dairy...
Blackstone and CD&R Set Their Sights on The Magnum Ice Cream Company
Blackstone and CD&R are reportedly considering the acquisition of The Magnum Ice Cream Company (TMICC), which was recently spun off from Unilever but remains partially...
Wipro, a Leading FMCG Company in India, Invests in Pan-Asian Food Brand Moi Soi
Moi Soi, a pan-Asian food and beverage brand under Ceres Foods, has recently attracted investment from Wipro Consumer Ventures. This move underscores significant trends in...
Synlait CEO Resigns After One Year in Leadership
Synlait Milk has announced the resignation of CEO Richard Wyeth, who has led the New Zealand-based dairy company for a year. The company confirmed his...
Vall Companys Secures Agreement with Pacuca in Argentina
Vall Companys has established a strategic alliance with Grupo Pacuca, a prominent pork producer in Argentina. This collaboration signals a significant expansion for the Spanish...