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...
Category : Finance
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,...
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...
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...