UK FDF Releases Updated Guidance for Allergen Recall Prevention
The Food and Drink Federation (FDF) in the UK has launched new guidelines aimed at assisting manufacturers in effectively managing allergen-related issues and product recalls....
Category : Finance
Hershey Acquires Sour Candy Brand Sour Strips
In a strategic move to bolster its portfolio of sour candies, US snacks leader Hershey has acquired the popular local candy brand Sour Strips for...
Intersnack Acquires Whole Earth Peanut Butter from Ecotone
Intersnack has officially acquired the Whole Earth peanut butter brand from Ecotone, a prominent European food group. This strategic move aims to enhance Intersnack’s foothold...
B&G Foods Lowers Forecast, Reducing EBITDA Target by $20 Million
B&G Foods has revised its full-year guidance for the third time, now reducing the upper limit of its EBITDA target by $20 million since its...
Kepak Group Acquires Summit Foods to Strengthen UK Market Presence
Kepak Group, a prominent player in the meat industry from Ireland, has taken a significant step by acquiring UK-based Summit Foods, a company recognized for...
Arla and Müller Partner with Tesco to Promote On-Farm Sustainability
Milk suppliers Arla Foods and Müller have formed a strategic partnership with Tesco, the largest supermarket chain in the UK, to enhance sustainability within the...
Manilife Sees “Promising Growth Ahead” with Launch of Its First Peanut Butter Facility
Manilife, a dynamic player in the food and beverage industry trends, is ramping up its marketing efforts as it sets its sights on surpassing £8...
Wisdom Natural Brands Purchases Drizzle Honey in Canada
Wisdom Natural Brands, the U.S.-based owner of the SweetLeaf sugar substitute brand, has announced its acquisition of Drizzle Honey, a Canadian company renowned for its...
Premier FMCG Strike Concludes with Pay Agreement for Mister Sweet Employees
The prolonged strike at Premier FMCG’s Mister Sweet factory in South Africa has concluded with a new pay agreement spread over three years. A deal...
South Mill Champs Joins Forces with Mountain View Mushrooms
South Mill Champs (SMC), a prominent supplier in the U.S. mushroom market, has partnered with Mountain View Mushrooms (MVM) to address the increasing demand for...