Union Files Fresh Allegations Against Premier FMCG
A union representing striking workers at Premier FMCG’s sweets factory has raised new allegations against the South Africa-based food company. The Simunye Workers Forum (SWF)...
Category : Finance
Donut Brand Drumroll Attracts Investment from 7 Mile Brands
Drumroll, a US-based donut company recognized for its low-sugar, high-protein offerings, has garnered a $3 million investment from 7 Mile Brands, an incubator specializing in...
Taylor Farms Issues Recall for Onions Distributed to McDonald’s
US-based foodservice supplier Taylor Farms has initiated a voluntary recall of specific yellow onions supplied to fast-food chains due to an E. coli O157:H7 outbreak...
Valora Group to Increase Pretzel Production in the US and Germany
Swiss retail and foodservice conglomerate Valora Group has announced an ambitious plan to invest $100 million in the United States and Germany to enhance pretzel...
Unilever Celebrates Volume Growth Amidslowing Price Increases
Consumer goods powerhouse Unilever has reported third-quarter volume growth, primarily driven by its core ‘power brands’, which benefited from reduced price increases. The owner of...
Albert Heijn to Obtain Cocoa for All Products from Tony’s
Albert Heijn has made a significant commitment to enhancing the sustainability of its own-brand products by sourcing cocoa exclusively through Tony’s Open Chain. This initiative,...
Valio Plans Closure of Dairy Factory and Warehouse Operations
Finnish dairy leader Valio is set to close a domestic factory and warehouse as part of a strategic move to enhance production “efficiency and profitability.”...
Stratas Foods Acquires AAK Foodservice Plant in the U.S.
Stratas Foods, a prominent player in the food and beverage industry, has announced its decision to acquire an AAK facility located in New Jersey, which...
Meiji to Increase Production of Hello Panda Brand in the U.S.
Japanese food giant Meiji Co. plans to invest $28 million to expand the production capacity of its Hello Panda snack brand in the United States....
CapVest’s Lakeview Farms Acquires Raymundo’s Food Group
Raymundo’s Food Group, a prominent manufacturer of desserts based in the United States, has recently been acquired by Lakeview Farms, a portfolio entity under the...