Hovis Sees Revenue Decline Amid Decreased Demand for Pre-Packaged Bread
Hovis Limited, a prominent player in the UK bread market, has released its annual report for the 52 weeks ending 28th September 2024. The report...
Category : Finance
Mondelez Advocates for Additional Delay on EU Deforestation Regulation (EUDR)
Mondelez International is advocating for an additional delay in the implementation of the EU Deforestation Regulation (EUDR), emphasizing that the regulation must be “workable” in...
Valeo Foods Group Acquires Italian Panettone Producer Melegatti 1894
Valeo Foods Group has announced a strategic acquisition of Melegatti 1894, an esteemed Italian producer known for its panettone, pandoro, and croissants. While the exact...
Kettle Chips Parent Company Purchases Italian Bakery Business
Valeo Foods Group, known for its extensive portfolio of over 90 brands—including Rowse Honey and Fox’s mints—has acquired the Italian producer of panettone and croissants...
Danone Purchases Gut Supplement Firm The Akkermansia Company
Danone, the parent company of well-known brands like Actimel, Alpro, and Activia, has strengthened its portfolio through the acquisition of The Akkermansia Company (TAC). Based...
Marubeni Enters US Ice Cream Market by Acquiring Bubbies
Japanese conglomerate Marubeni has successfully acquired Bubbies Homemade Ice Cream & Desserts (Bubbies), marking a strategic entry into the US ice cream manufacturing sector. The...
Century Pacific Seeks to Acquire Atlantic Natural Foods Assets
Century Pacific Food, a prominent meat and seafood group based in the Philippines, has emerged as the stalking-horse bidder in the auction for the assets...
Whole Foods Partners with US Seafood Company Luke’s Lobster
Whole Foods Market has made a strategic investment in Luke’s Lobster, a family-owned seafood business based in the US. Owned by Amazon, the US grocer...
Danone Acquires Belgian Biotech Firm The Akkermansia Company
Danone has officially acquired The Akkermansia Company, a Belgian firm known for its innovative work in biotics, for an undisclosed amount. In a corporate statement,...
Comvita CFO Nigel Greenwood Announces Resignation
Comvita, a prominent New Zealand-based Manuka honey producer, has announced the resignation of its CFO, Nigel Greenwood. This decision comes amidst ongoing financial challenges for...