Maggie Beer Holdings to Sell Dairy Division
Australian Maggie Beer Holdings has reached an agreement to sell its dairy subsidiary, Paris Creek Farms, to local group Katoomba Global Foods for A$500,000 ($325,710)....
Category : Finance
High Liner Acquires Two Seafood Brands from Conagra
Canada-based seafood company High Liner Foods has announced its acquisition of the Mrs. Paul’s and Van de Kamp’s brands from Conagra Brands. High Liner Foods...
Ready Meal Producer Increases Profits to £5.3 Million
Charlie Bigham’s, a leading UK ready meal manufacturer, has unveiled its annual results for the fiscal year ending 31st August 2024. The company has demonstrated...
Sartori Cheese Acquires California’s Rumiano Cheese
Sartori Cheese, a fourth-generation family-run artisanal business, has proudly acquired Rumiano Cheese, another esteemed US company. While the financial specifics of this agreement remain undisclosed,...
Meat Giant Plukon Acquires Vegan Company Vega Insiders
Plukon Food Group, a leading Netherlands-based poultry company, has successfully acquired the local vegan and vegetarian business Vega Insiders. While the financial details of the...
Nestlé Expands with Investment in Zimbabwean Cereal Manufacturing Facility
Swiss food giant Nestlé has made a significant investment of $7 million to enhance its breakfast cereal manufacturing facility located in Harare, Zimbabwe. This “strategic...
Navis Capital Completes Management Buyout of Godaco Seafood
Malaysia-based investor Navis Capital Partners has exited its entire controlling stake in Vietnam’s Godaco Seafood through a management buyout. Founded in 1997 and situated in...
B&G Foods Sells Don Pepino and Sclafani Brands to Violet Foods
US manufacturer B&G Foods has officially sold its Don Pepino and Sclafani sauces and canned tomatoes brands to investor-backed Violet Foods. Violet Foods is a...
German Condiments Company Develey Sells U.S. Factory
Develey Mustard & Condiments Corp., a subsidiary of Germany’s renowned Develey Senf & Feinkost (Develey), has made a significant move by selling its production facility...
Drake Meat Processors Obtains Funding for New Facility in Canada
Recently, Canada’s Drake Meat Processors secured vital financing from a local venture-capital fund to construct a new plant, a project anticipated to create 200 new...