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...
Category : Finance
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...
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)...
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...