Greenfood Transfers Fresh Produce Business to Dole
Sweden’s Greenfood has announced the sale of its fresh produce division to the Nordic branch of Dole, a prominent player in the food and beverage...
Category : Finance
UK Food and Drink Exports to EU Decline Over 20%
Food and drink exports from the UK to the EU have seen a significant decline, dropping nearly 25% over the last five years compared to...
Captain Fresh Acquires Spanish Tuna Operation
Captain Fresh, a prominent player in the Indian seafood sector, has finalized an agreement to acquire the Spanish tuna company Frime, enhancing its footprint in...
PepsiCo Restructures Executive Team to Drive Growth Forward
PepsiCo is undergoing a significant reshuffle in its senior executive team, aimed at accelerating growth within the company. This restructuring, announced on December 15, will...
Harvest Delays Expected to Impact Apetit Profits
Finnish food producer Apetit has issued a profit warning for its fiscal 2025, attributing the setback to “delays in harvest production.” The company, excluding the...
EU Urges Hungary to Lift Food Price Ceilings
The European Commission has urged Hungary to retract mandatory profit margin limits that apply to a broad spectrum of both food and non-food items. On...
Unifrutti Acquires Peruvian Grape Producer Safco
Fruit industry leader Unifrutti Group has significantly strengthened its foothold in Peru by acquiring table grape supplier Safco. Although the financial specifics of the transaction...
Agrova International Secures Investment Funding
Agrova International, a prominent player in the food and beverage industry, has successfully secured an investment from Accession Capital Partners (ACP), a private equity firm....
Valsoia Acquires Majority Stake in Krepko Kefir Producer Kele & Kele
Italian plant-based company Valsoia is making significant strides in the food and beverage industry trends by entering the kefir drinks market. This move comes through...
EU Parliament and Member States Strike Agreement on Due Diligence Law
The European Parliament and EU member states have reached a significant agreement to adjust the sustainability reporting regulations for businesses. This provisional deal pertains to...