Paine Schwartz Purchases Promix in the Supplements Industry
Paine Schwartz Partners, a private equity firm based in the U.S. that specializes in sustainable foods, has successfully acquired Promix, a prominent player in the...
Category : Finance
Orkla Considers IPO Opportunities for Its Indian Business Units
Orkla has announced its intention to pursue a public listing for its Indian operations, which encompass MTR Foods and Eastern Condiments. According to a spokesperson,...
Nestlé to Invest $150 Million in U.S. Frozen Food Facility
Nestlé has announced a significant investment of $150 million aimed at expanding its production facility dedicated to frozen meals located in Cherokee County, South Carolina....
Lakeside Foods to Purchase Smith Frozen Foods
Lakeside Foods, a leading manufacturer in the food and beverage industry, has announced its acquisition of the business assets from Smith Frozen Foods, a notable...
Unilever Confirms Demerger of Ice Cream Units in India and Indonesia
Unilever, a prominent player in the food and beverage industry, has officially announced the spin-off of its ice cream divisions in India and Indonesia as...
Beston Global Collapses After Failing to Secure a Buyer
Australia’s dairy sector faces a significant setback as Beston Global Food Co. announces its wind-down due to unsuccessful efforts to secure a buyer for the...
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....
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...