Kraft Heinz Announces Division into Two Publicly Traded Companies
Kraft Heinz has announced a significant restructuring plan, confirming that the global food giant will divide its operations into two publicly traded companies. This decision,...
Category : Finance
Cono Kaasmakers Acquires Local Butter Producer Jacques’ Kruidenboter
Dutch cheese producer Cono Kaasmakers has made a strategic move by acquiring local herb butter producer Jacques’ Kruidenboter. This acquisition aims to enhance its market...
Wagamama Owner Apollo Reportedly Interested in Costa Coffee Amid Coca-Cola Sale Considerations
Recent developments follow remarks from Coke’s CEO, James Quincey, who indicated to investors last month that the company’s “investment in Costa is not where we...
Painterland Sisters, the U.S. Skyr Yogurt Company, Secures Seed Funding
Painterland Sisters has successfully completed its seed funding round, aimed at bolstering the growth of its emerging U.S. skyr business. However, the exact amount raised...
Allegro Funds Acquires Majority Stake in Pork Processor BE Campbell
Australian pork processor BE Campbell has recently undergone a change in ownership structure, as private equity firm Allegro Funds successfully acquired a majority stake in...
Interim CEO Appointed Permanently at Grieg Seafood
Norwegian salmon farming company Grieg Seafood has officially appointed Nina Willumsen Grieg, previously serving as interim CEO, as its permanent chief executive. Since March, Grieg...
Lactalis Set to Acquire Fonterra’s Consumer Division
Fonterra’s global consumer business, along with its integrated operations and consumer brands in Oceania, Sri Lanka, and the Middle East, is valued at over €2.8...
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...
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...