Paulig Purchases UK Sauces and Condiments Company Panesar Foods
Paulig has expanded its lineup of sauces and condiments through the acquisition of Panesar Foods, a UK-based company. The Finland-headquartered food and beverage leader reported...
Category : Finance
California Dairies Announces Closure of Los Banos Facility
California Dairies, a prominent milk marketing and processing cooperative based in the U.S., has declared the immediate closure of its manufacturing facility located in Los...
US Court Exonerates Reckitt and Abbott in Infant Formula Lawsuit
Reckitt Benckiser’s Mead Johnson unit and Abbott Laboratories received a favorable ruling from a Missouri court regarding claims that certain brands of their premature infant...
Van Loon Group Shuts Down Dutch Pork Plant Amidst “Declining Market”
Dutch meat processor and ready-meals manufacturer Van Loon Group has announced plans to close its pork processing facility in Roosendaal at the beginning of next...
Sysco Acquires Scottish Meat Supplier Campbell’s Prime Meat
Sysco Corporation, a leader in the food and beverage industry, has completed the acquisition of Campbell’s Prime Meat, a reputable meat and fish supplier located...
Kilcoy Global Foods Acquires Australian Burger Factory from Tyson
Private-equity-owned Kilcoy Global Foods (KGF) has expanded its operations by acquiring a burger manufacturing facility in Australia previously owned by Tyson Foods. The company, which...
Orkla Records Impairment Charge on Confectionery and Snack Products
Orkla has reported third-quarter write-downs exceeding NOK 600 million ($54.6 million), primarily associated with the group’s confectionery and snacks segment. Two years following the restructuring...
GranTerre Collaborates with Italian Cured Meats Brand Parmacotto
A division of Italy’s GranTerre Group is joining forces with fellow cured meats producer Parmacotto to create a delicatessen enterprise with combined revenues of €1.1...
Finland’s Oddlygood Acquires UK Plant-Based Competitor Rude Health
Oddlygood, a Nordic plant-based food and beverage enterprise owned by Finnish dairy company Valio, has acquired its UK competitor Rude Health. The financial specifics of...
PE Firm Encore Acquires DeIorio’s for Undisclosed Amount
Private-equity firm Encore Consumer Capital has acquired DeIorio’s, a U.S. supplier of pizza products, for an undisclosed amount. This strategic move underscores Encore’s commitment to...