Fleury Michon Sells Its “Meal Trays” Business in France
Fleury Michon, a key player in the food and beverage industry, has announced the divestiture of its “meal trays” business located in Ile de France....
Category : Finance
Camil Alimentos Purchases Rice Paraguay and Acquires Stake in Villa Oliva Rice
Camil Alimentos, a leading rice-processing company from Brazil, has made its mark in the international food and beverage industry by acquiring Rice Paraguay and a...
PepsiCo to Gain Complete Ownership of Sabra and Obela Joint Ventures
PepsiCo has announced plans to fully acquire Israel’s Strauss Group from their joint ventures, Sabra and Obela, specializing in dips. While the financial details of...
Bel and Avril Join Forces to Create Plant-Based Cheese Alternatives
Cheese industry leader Bel Group has announced a collaboration with fellow French company Avril to develop innovative plant-based products that align with consumer preferences for...
Premier Foods Sees Accelerated Volume Recovery
Premier Foods has reported a notable recovery in volume sales, achieving “double-digit growth” as it shifts from pricing strategies toward increased promotional activities to stimulate...
Nomad Foods Adjusts Full-Year 2024 Forecast Following ERP System Issues
Nomad Foods, a prominent player in the food and beverage industry, has revised its full-year 2024 projections downward due to complications arising from its Enterprise...
Grimmway Farms Issues Carrot Recall Due to Deadly E. Coli Outbreak
US vegetable supplier Grimmway Farms has issued a recall affecting over a dozen brands of bagged carrots due to potential E. coli O121 contamination. This...
Denmark’s Livestock Emissions Tax Approved by Parliament
Denmark’s groundbreaking initiative to impose a tax on agricultural emissions, specifically targeting livestock, has received parliamentary approval. The Green Tripartite Agreement, which has been in...
Mucci Farms Acquires Greenhill Produce, Expanding Its Fruit and Vegetable Portfolio
Canadian fruit and vegetable supplier Mucci Farms has expanded its operations by acquiring Greenhill Produce, a specialized greenhouse facility known for bell pepper cultivation. The...
WH Group to Spin Off Smithfield Foods with 20% Share Offering
China’s WH Group has officially revealed its intention to publicly list 20% of Smithfield Foods, the renowned pork processor it acquired over a decade ago,...