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...
Category : Finance
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...
Unilever CEO Departures Leave Markets Uncertain About Food Industry’s Future
In his inaugural address since Unilever’s ice cream demerger, CEO Fernando Fernandez left markets speculating on the future of the company’s remaining food assets. During...
Maruha Nichiro to Fully Acquire Seafood Connection
Japanese seafood titan Maruha Nichiro has finalized its acquisition of the remaining shares in Netherlands-based Seafood Connection, bringing its ownership stake to 100%. In an...
Akola Expands Investment in Poultry Production
Baltic agrifood leader Akola Group is channeling €13 million ($15.2 million) to enhance its poultry operations in Lithuania and Latvia. This strategic investment reflects the...