Danone’s Pursuit of “Competitive, Quality Growth” Yields Rewards
Danone is optimistic about leveraging a fifth consecutive quarter of growth in volume-mix, as the company has reported positive results across nearly all regions. CEO...
Category : Finance
Hormel Foods Sells Off Health Labs Division
Hormel Foods, the prominent U.S. food group, has divested its Health Labs division to Lyons Magnus, owned by Paine Schwartz Partners, for an undisclosed amount....
Kwality Brand Owner Pure Ice Cream Expands with New Factory in Dubai
Pure Ice Cream, the parent company of the Kwality brand, is making significant strides in the food and beverage industry with its new factory investment...
Müller Obtains Approval from UK CMA for Yew Tree Dairy Acquisition
Müller’s acquisition of Yew Tree Dairy, a family-run dairy company located in Lancashire, has received the green light from the UK Competition and Markets Authority...
Second Nature Acquires Cookie Brand Voortman for $305 Million
US-based snacks manufacturer Second Nature Brands is set to acquire JM Smucker’s Voortman cookies brand for an all-cash deal valued at $305 million. This strategic...
TreeHouse Foods Broadens Recall of Waffles Due to Listeria Concerns
TreeHouse Foods has significantly expanded its product recall to include “all products” manufactured at a specific facility in Brantford, Ontario, Canada, due to potential listeria...
New Zealand Intensifies Dairy Dispute with Canada
New Zealand has intensified its ongoing trade conflict with Canada regarding access to dairy products. Todd McClay, New Zealand’s Trade and Agriculture Minister, announced that...
Kestrel Foods Acquires Indie Bay Snacks from Nurture Brands
Kestrel Foods has expanded its snack offerings by acquiring the Indie Bay Snacks brand from Nurture Brands. This all-UK transaction positions Indie Bay Snacks within...
Westfalia Fruit Appoints Tesco Veteran Chris Bush as New CEO
Westfalia Fruit has appointed Chris Bush, a former executive at Tesco, as its new CEO. With over three decades of experience at the UK retailer,...
Quorn Foods Appoints Former Heineken Executive as CEO
Quorn Foods, a prominent player in the meat-free sector based in the UK, has appointed David Flochel, a former executive from Heineken, to take the...