OWS Foods Acquires Barbecue Brand Lillie’s Q Sauces & Rubs
US-based OWS Foods has successfully acquired Lillie’s Q Sauces & Rubs, a valued player in the barbecue segment established by chef Charlie McKenna. However, the...
Category : Finance
New Zealand Suspends Poultry Exports Due to Bird Flu Outbreak
New Zealand has temporarily suspended poultry exports in response to the discovery of H7N6, a highly pathogenic strain of avian influenza at a commercial egg...
Belgian Fruit Companies Devos and Wouters Set to Merge
Devos Group and Wouters Fruit, both reputable family-owned firms based in Belgium, have announced an exciting merger of their trading operations, set to take effect...
Clairvest Purchases Minority Stake in Redstone Food Group
Clairvest Group has taken a significant step in the food and beverage sector by acquiring a minority stake in Redstone Food Group, a prominent Canadian...
Australia’s Fresh Produce Group Sells Majority Stake to MAM
Australia’s Fresh Produce Group (FPG) has taken a significant step by selling a “majority” stake to Macquarie Asset Management (MAM), an investment firm. The specific...
Lactalis Unveils $42 Million Investment in Its Minas Gerais Operations
Lactalis, the prominent French dairy enterprise, plans to expand its operations in Brazil’s Minas Gerais state with a substantial investment of 250 million reais (approximately...
Tanmiah Food Acquires Chicken Plant in Saudi Arabia from Dajin Poultry
Tanmiah Food Company has announced its strategic acquisition of a poultry processing facility in Saudi Arabia for SR143 million ($38.1 million). The purchase aligns with...
Lifeway Considers Sale Options After Declining Danone’s Proposal
Lifeway Foods has announced that its board is “not opposed” to a potential sale, even after rejecting two acquisition offers from Danone. The French dairy...
Kendal Nutricare Acquires Premier Foods Facility for Infant Formula Production
Kendal Nutricare, a UK-based infant formula manufacturer, has recently acquired a facility from Premier Foods, a leading player in the local food and beverage industry....
Hearthside, a Snack Manufacturer Backed by Private Equity, Enters Chapter 11 Bankruptcy Proceedings
Private-equity-backed snack manufacturer Hearthside Food Solutions has entered bankruptcy proceedings in the United States, grappling with challenges in refinancing its mounting debt. The company, known...