Meatable Purchases Uncommon Bio’s Cultivated Meat Technology
The recent deal includes critical technology, a range of intellectual property assets, several cell lines, and a dedicated staff. Uncommon, based in Cambridge, is shifting...
Category : Finance
Wedderspoon Organic’s Florenz Secures Acquisition of Comvita
New Zealand’s Comvita has entered into a takeover agreement with fellow Mānuka honey producer Florenz. Florenz, known for its Wedderspoon Organic brand, has proposed a...
Premier Foods Set to Acquire Merchant Gourmet for £48 Million
Premier Foods has announced a decisive deal to acquire 100% of Merchant Gourmet’s shares on a cash and debt-free basis, with the transaction slated for...
Holie Prevails in Lawsuit Against Lotus Bakeries Over ‘Sugar Score’ Campaign
Holie’s has triumphed in its legal battle against Lotus Bakeries regarding an advertising campaign initiated by the Dutch cereal startup. Recently, Belgian multinational Lotus Bakeries,...
Ehrmann Launches Dairy Product Lines in the UK
Ehrmann, the renowned German dairy group, is poised to establish local production in the UK. The privately-owned company will initiate a £20m ($27.1m) project at...
TasFoods Sells Pyengana Dairy to Shift Focus to Poultry
TasFoods, based in Australia, is strategically divesting its Pyengana Dairy business to concentrate on fortifying its poultry division. The ASX-listed group, which encompasses poultry, cheese,...
B&G Foods to Divest Its Remaining Green Giant Business
B&G Foods is reportedly poised to divest its remaining Green Giant division before the year concludes, following a revised outlook on sales and EBITDA in...
Beyond Meat Brings in External Advisor to Support Turnaround Strategy
Beyond Meat has engaged an external adviser to revitalize its struggling alternative meat business, as the company faces a notable decline in sales alongside workforce...
Hoffmann Family of Companies Acquires U.S. Chocolate Manufacturer Elmer
Private-equity investor Hoffmann Family of Companies has acquired a controlling interest in Elmer Chocolate, a notable player in the food and beverage industry. While the...
Foster Clark Products Acquires Italian Snack Company Preziosi Food
Foster Clark Products has successfully acquired Preziosi Food from a consortium that includes private equity firm Vertis SGR. This acquisition signifies Foster Clark Products’ strategic...