Multimillion-Pound Investment Expands Simpsons Malt Capacity
Simpsons Malt has made a strategic investment of £6 million in a state-of-the-art peated malt production facility, equipped with the capacity to produce 25,000 tonnes...
Category : Finance
German Meat Company Allgäu Fresh Foods Pursues Insolvency Protection
German meats supplier Allgäu Fresh Foods (AAF) has initiated insolvency protection proceedings in response to escalating cost pressures within the industry. On April 22, the...
Bakkavor Sells Its Chinese Operations
Bakkavor, a leading supplier of fresh products, is currently engaged in a takeover proposal from Greencore and has decided to sell its operations in China....
Maestrani Schweizer Schokoladen Acquires Chocolat Ammann
Maestrani Schweizer Schokoladen has announced its acquisition of fellow Swiss chocolatier Chocolat Ammann for an undisclosed amount. This strategic move aligns with the company’s plan...
Joyvio Food Sells Salmon Subsidiary Australis
Joyvio Food, a subsidiary of Joyvio Group, has sold its entire stake in Australis Seafoods, a Chilean salmon supplier. This divestiture comes as the struggling...
Armanino Foods of Distinction Names New CEO
U.S. pesto and pasta producer Armanino Foods of Distinction has appointed Deanna Jurgens, a former executive at Bonduelle and Beyond Meat, as its new CEO...
Brownes Dairy in Australia Now Available for Sale
Australia’s Brownes Dairy is currently up for sale, according to confirmation from the restructuring advisory firm appointed to oversee the process. McGrathNicol Restructuring has been...
Lantmännen Raises Investment in SimSuFoodS
Swedish agri-food group Lantmännen has significantly increased its investment in the local company SimSuFoodS, now acquiring a majority shareholding in the food and drink business....
German Bakery Giant Harry-Brot Receives Approval to Acquire Rewe Plant
German bakery group Harry-Brot has received approval from competition officials to acquire a factory from major grocery chain Rewe, marking a significant move in the...
Yoplait Takes Legal Action Against Danone Over Yogurt Imitation Claims
Yoplait is taking legal action against Danone, alleging that the company has replicated its popular Skyr yoghurt range. This product originates from Iceland and is...