OSI Group Expands Its Portfolio with the Acquisition of Park 100 Foods
US meat supplier OSI Group has announced its acquisition of Park 100 Foods, a privately held company that specializes in custom kettle-cooked food manufacturing. This...
Category : Finance
Vice Chair of China Mengniu Dairy Steps Down from Position
Jeffrey Minfang Lu, the vice chairman and former CEO of China Mengniu Dairy, has announced his resignation. Alongside this departure, he has also stepped down...
Cocoa-Free Chocolate Company Nukoko Secures Investment from Döhler
Nukoko, a promising UK start-up specializing in cocoa-free chocolate crafted from fava beans, has recently secured investment from Döhler, a prominent German ingredients company. This...
UK Union to Initiate Legal Action Against Oscar Mayer
Unite, the trade union, has announced plans to take legal action against Oscar Mayer, alleging the company is employing “fire and rehire” tactics that adversely...
Maple Leaf Foods Reveals New Name for Upcoming Pork Venture
Maple Leaf Foods has announced the branding of its upcoming pork division, which is slated to spin off into a standalone publicly traded company. The...
Britannia Bel Foods Launches Cheese Manufacturing Facility in India
Britannia Bel Foods, a collaboration between Britannia Industries and France’s Bel Group, has inaugurated its cheese manufacturing facility in Maharashtra, India. This strategic move caters...
Lamb Weston Completes Acquisition of Full Control Over Argentina Joint Venture
Lamb Weston is set to acquire the remaining stake in its frozen potato products joint venture in Argentina with Sociedad Comercial del Plata. This move...
Italy’s Probios Introduces Venture Capital Initiative to Support Healthy Food Startups
Probios, an Italian leader in organic and gluten-free food products, is making significant strides by launching a venture-capital initiative aimed at supporting start-ups focused on...
Europastry Halts IPO Again After Initially Announcing Plans in June
Europastry, a frozen bakery enterprise based in Spain, has once again postponed its plans for a public listing, marking the second time this year. Originally,...
BrucePac Issues Recall of 10 Million Pounds of Meat Due to Listeria Worries
BrucePac has announced the recall of approximately 9.9 million pounds of ready-to-eat (RTE) meat and poultry products due to concerns over potential listeria monocytogenes contamination....