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