Thai Meat Giant Betagro Supports Cultivated Meat Firm Meatable
Betagro, a major player in Thailand’s meat sector, has made a strategic investment in Meatable, a cultivated-meat company based in the Netherlands. This move, facilitated...
Category : Finance
Brazilian Investor Becomes New Majority Owner of Spanish Egg Company Hevo
Spain-based Hevo Group has recently undergone a significant ownership change, as Brazilian investor Ricardo Fario has acquired a majority stake in the company. This shift...
Mexico Reintroduces Food Price Controls
Mexico’s government has announced a renewed initiative to reinstate price controls on essential food items for a duration of six months. In a social media...
Agro Tech Foods Set to Acquire Del Monte Foods in India
Indian food and edible oils manufacturer Agro Tech Foods is set to acquire its local counterpart, Del Monte Foods Private Limited (DMFPL). This announcement was...
Kingswood Capital Management Acquires Branding Iron
Branding Iron, a prominent US supplier of branded and private label meat products, has been acquired by Kingswood Capital Management. The specifics of the transaction’s...
Carrefour Urges Suppliers to Adopt Nutri-Score Labels
French retail giant Carrefour has announced its new initiative requiring suppliers to prominently display Nutri-Score labels on their online product information. Since 2019, Carrefour has...
Thai Union Aims for $7 Billion Revenue and Doubling of Earnings by 2030
Seafood powerhouse Thai Union Group is set to significantly enhance its earnings and boost net sales with the launch of its new initiative, Strategy 2030....
Tyson Beef Faces Ongoing Challenges Amid Continuing Drought Conditions
Tyson Foods continues to confront significant challenges in the beef protein segment, which remains the largest source of revenue for the U.S. meat powerhouse. According...
Campbell to Sell Noosa Yoghurt Brand to Lakeview Farms
Campbell Soup Company has finalized an agreement to sell its Noosa yogurt brand to Lakeview Farms, a company that specializes in desserts and dips in...
Kerry to Divest Consumer Business to Kerry Co-Operative Creameries
Kerry Group has finalized a deal to divest its consumer dairy and ingredients businesses, amounting to a total value of €500 million ($531 million), to...