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...
Category : Finance
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...
Vion Food Faces Loss Due to Impairment, Yet Achieves Cost Savings
Vion Food Group experienced a significant net loss last year, primarily due to impairment charges related to its withdrawal from the German market. Despite reporting...
Smart Foods Acquires Australian Alt-Meat Competitor Fenn Foods
Fenn Foods, the Australian alternative meat company that previously entered liquidation, has secured a new owner. In a strategic move, Smart Foods, a local competitor,...
Synlait Milk CEO Grant Watson Resigns After Turbulent Year
Synlait Milk CEO Grant Watson has announced his resignation after guiding the New Zealand-based dairy and infant formula company through a challenging year. The announcement...
Graham Partners Acquires Tulkoff to Enhance Sauce Offerings
Tulkoff Food Products, a prominent name in the U.S. sauces and dressings sector, has been acquired by investment firm Graham Partners. Headquartered in Baltimore, Maryland,...