Hormel Foods Embraces Protein Trend While Planning Portfolio Streamlining
As Hormel Foods embraces the protein trend to bolster its revenues and profits, the U.S. retail and foodservice sectors are signaling potential further adjustments to...
Category : Finance
Candy Factory Acquires Majority Stake in Italgum Caramelle
The Candy Factory, an Italian confectionery group, has secured a “majority” stake in Italgum Caramelle. Despite the significance of the acquisition, specific details regarding the...
Camposol Targets Production Growth with New Financing Agreement
Major fresh-produce supplier Camposol plans to enhance productivity, water usage, and genetic innovation following a substantial $400 million financing deal. The Peru-based company has gained...
Ripple Foods Secures New Funding and Welcomes New CEO
US alt-dairy company Ripple Foods has successfully raised $17 million in its latest funding round and named a new CEO. This milestone reflects current trends...
French Group LDC Acquires Majority Stake in Gressingham Foods
French poultry leader LDC has acquired a majority stake in the UK-based duck enterprise Gressingham Foods, marking a significant move in the food and drink...
UK Eases Pork Restrictions on Spain Amid African Swine Fever Concerns
The UK has recently lifted restrictions on pork imports from Spain, which were initially imposed due to the detection of African swine fever (ASF). Last...
Borough Broth Company Lands £7.5 Million Investment from Piper
Borough Broth, an innovative brand in the organic food sector, has secured significant investment from Piper, a consumer-focused investment firm. This funding will facilitate Borough...
Katjes Group in Negotiations to Acquire Graze from Unilever
German confectionery group Katjes is reportedly nearing a deal to acquire snack brand Graze from Unilever. According to Sky News, Katjes is in advanced negotiations...
Fortuna Acquires UK-Based Ocean Fish from the Falkland Islands
Falkland Islands-based Fortuna has successfully acquired Ocean Fish Group, marking its strategic expansion into the UK fishing sector. While financial terms of the transaction remain...
Germany’s Alfred Ritter Acquires Creative Natural Products
German chocolate producer Alfred Ritter has acquired Creative Natural Products, the company behind the Chocolove brand. This strategic move aims to enhance Ritter’s footprint in...