Premium Food Group Challenges Ruling on Vion Deal in Germany
Germany’s Premium Food Group is currently seeking to overturn the rejection of its proposal to purchase factory assets from the meat industry giant Vion. Last...
Category : Finance
Hilton Foods Sells £22 Million Stake in Foods Connected
Hilton Foods has announced a strategic investment from the Apax Global Impact Fund. The board aims to leverage Apax’s “technology expertise to accelerate [the] next...
Unilever Divests Ice Cream Business in Venezuela
Unilever has divested its ice-cream business in Venezuela to Mack de Venezuela, a Colombian automotive company. This strategic transaction, finalized for an undisclosed amount, encompasses...
Austria’s Rupp Acquires Spanish Cheese Company Juan Martinez
Austrian private cheese company Rupp has made a strategic acquisition by purchasing Spanish family-owned cheese producer Juan Martinez for an undisclosed amount. This move aligns...
Bega Group to Shut Down Peanut Processing Operation
Australia’s Bega Group has announced the closure of its peanut processing division, the Peanut Company of Australia (PCA). This decision will lead to a gradual...
JR Simplot Acquires Potato Products Rival Clarebout Potatoes
US agri-food group JR Simplot has agreed to acquire Belgian potato-processing company Clarebout Potatoes for an undisclosed sum. This strategic deal, expected to be finalized...
Yowie Withdraws Offer for Keybridge Capital
Australia-based confectioner Yowie has opted not to pursue the acquisition of Keybridge Capital, its largest shareholder. Yowie’s proposed offer, announced in May, included several conditions,...
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...
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...