HKFoods to Shut Down Paimio Slaughterhouse Due to Decrease in Cattle Numbers
Finnish meat processor HKFoods is set to close its local slaughterhouse in Paimio in response to a decline in cattle numbers. As a leading player...
Category : Finance
Sale Agreement Reached to Rescue Seven Bakery Locations
Oddie’s Bakery faced significant challenges earlier this year, leading to its closure in January after it failed to secure a crucial rescue deal for its...
UK Tempeh Brand Secures £1.1 Million Funding Boost
The latest funding round was spearheaded by Maven Capital Partners, utilizing resources from its Northern Powerhouse Investment Fund II, with additional backing from the British...
Nomad Foods Optimistic About Growth Driven by Innovation
Nomad Foods has updated its organic growth forecast for 2025, highlighting an optimistic outlook driven by innovation, increased promotional spending, and potential mergers and acquisitions...
Danish Fund Acquires Majority Stake in Ice Cream Brand Hansens Is
Danish investment firm Den Sociale Kapitalfond has acquired a 60% stake in the local, family-owned ice cream producer, Hansens Is, for an undisclosed sum. The...
Evertis, Leading Global Supplier of PET Multilayer Films, Announces $100 Million Investment for New US Production Facility
Evertis, the world’s largest supplier of PET multilayer film for the food and drink packaging sector, has announced plans to establish a state-of-the-art production plant...
Martin Braun Group Expands into the US Market with Acquisition of Hoff’s Bakery
Martin Braun Group, a prominent entity in the bakery ingredient and frozen baked goods sector, has made a significant entry into the US market by...
Cal-Maine Foods Introduces Changes to Shareholder Structure
On February 25, Cal-Maine Foods, one of America’s leading egg producers, announced a significant governance change. The company disclosed that its founding family will primarily...
Fonterra Explores Potential IPO for Consumer Division
Fonterra has unveiled a new corporate identity for its consumer-facing division, a move made in anticipation of a potential public listing or divestment, plans initially...
MOA Foodtech secures €14.8 million to develop AI-driven ingredients
A significant portion of the European Commission’s fund will be allocated to optimizing biomass fermentation, aimed at producing functional and sustainable ingredients. This market is...