Fit Foods Attracts Investment in Sports Nutrition Sector
Canadian sports nutrition company Fit Foods has attracted investment from the venture-capital firm Westcap, enhancing its position in the competitive food and beverage industry trends....
Category : Finance
Marzetti Expands Sauce Offerings with Acquisition of Bachan’s
Marzetti has expanded its portfolio in the food and beverage industry by acquiring California-based Bachan’s for a substantial $400 million. This strategic move aligns with...
Hain Celestial Review Leads to Snack Disposal
Hain Celestial has made the strategic decision to divest its North American snacks business as part of a comprehensive review of its operations and assets....
LT Foods Pauses Global Green Europe Deal Following Hungary’s Veto
India’s LT Foods has terminated its planned acquisition of Global Green Europe following a decision by the Hungarian government that blocked the transaction. This development...
Campbell’s to Shut Down Snack Production Facility in the U.S.
The Campbell’s Company is set to shut down its snacks plant in Massachusetts, consolidating potato-crisp production across various other locations in the United States. In...
Paulig to Cease Operations at Swedish Spices Factory
Paulig is set to halt production at its spice factory in Sweden, relocating operations to its facility in Estonia due to increasing input costs. The...
PepsiCo Job Threats in Spain
PepsiCo has announced plans to further reduce its workforce in Spain as part of a significant transition in its distribution strategy. This decision follows prior...
Violet Foods Acquires Muir Glen from General Mills with PE Backing
US tomato-products company Violet Foods has successfully acquired the Muir Glen brand from General Mills, marking a substantial move in the food and beverage industry....
Rise Baking Appoints Industry Veteran McNeil as CEO
Private-equity-backed Rise Baking Company has announced the appointment of Mark McNeil as its new CEO. McNeil brings over 30 years of experience in the food...
Beyond Meat Investors Sue Over Inadequate Disclosure Practices
Beyond Meat’s shareholders are pursuing legal action against the alternative protein company, asserting that the U.S. firm “failed to disclose material adverse facts.” Represented by...