Amy’s Kitchen Elevates President to CEO Position
Amy’s Kitchen has appointed Paul Schiefer, the company’s current president, as its new CEO, while co-founder Andy Berliner transitions to the role of executive chairman....
Category : Finance
Warburtons Set to Acquire Closed Rathbones Bakery
Warburtons is set to acquire the former Rathbones bakery in the UK, a move that marks a significant step in its investment strategy exceeding £100...
Indonesia to Implement Front-of-Pack Nutrition Labels
Indonesia is taking significant steps to combat rising diet-related diseases by launching a new front-of-pack nutrition labeling system. This initiative aims to improve public health...
Danish Crown Announces Closure of Meatball Production Facility
Danish Crown intends to relocate its meatball production from its facility in the residential area of Copenhagen, with plans to eventually close the site. On...
Nestlé Sells Majority Stake in Ankerkraut to Family Owners
Nestlé is divesting its majority stake in Ankerkraut, a German company specializing in spices and teas. The Swiss food giant has characterized this transfer back...
Comvita Sells Stake to Fraser & Neave as Part of Funding Round
Comvita is divesting a minority stake to Singapore-based Fraser & Neave (F&N) as part of a strategic funding initiative. The New Zealand-based Mānuka honey producer...
Aksia’s Fornaio del Casale Secures Triad of Culinary Partnerships
Investor-backed Italian bakery producer Fornaio del Casale has successfully completed three add-on acquisitions, targeting Castelfood, Figulì, and Dolciaria Ponte Vecchio. These strategic moves align with...
Herdez Transfers Control of Nestlé Mexico’s Ice Cream Business to Froneri
Grupo Herdez has made significant strides in the food and beverage industry by agreeing to transfer operational control of its Nestlé-licensed ice cream business in...
Olam Group of Singapore Restructures Executive Leadership Team
Singapore’s Olam Group (OGL) is undergoing a significant restructuring of its executive team, which includes a change in the chairmanship of its food and ingredients...
Capespan Appoints New CEO as Management Changes Take Place
Capespan, a prominent fruit supplier based in South Africa, has announced the appointment of André de Klerk as its new Chief Executive Officer. This decision...