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...
Category : Finance
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...
Monde Nissin Set to Record Additional Impairment Charges on Meat-Free Division
Philippine-based Monde Nissin, renowned for its ownership of the Quorn brand, is poised to report yet another impairment charge on its meat-alternative segment. This comes...
Lamb Weston Gets “Mini-Tender” Offer from TRC Capital Investment
Lamb Weston Holdings recently announced that it has received an unsolicited offer from TRC Capital Investment to purchase up to two million shares of the...
Kerry Reports €8 Billion in Group Revenue
Kerry Group, a leading global ingredients supplier, has released its preliminary results for the fiscal year ending December 31, 2024, showcasing impressive growth in volume...
Ahimsa Expands Its Portfolio with Acquisition of Plant-Based Pizza Company Blackbird Foods
In a significant move in the plant-based food sector, Ahimsa Companies has successfully acquired Blackbird Foods, a US-based firm specializing in pizza and wings. Founded...