PepsiCo Lowers Growth Forecast Once More Amid “Normalization” Phase
PepsiCo is targeting a modest organic growth of approximately 1% for the year, maintaining a pace similar to that observed in the third quarter. This...
Category : Finance
Cal-Maine Invests $40 Million in Cage-Free Egg Production
Cal-Maine Foods, a leading player in the food and beverage industry, has announced a significant investment of $40 million aimed at enhancing its cage-free egg...
UK Finalizes New Poultry Agreement with South Africa as Bird Flu Restrictions Lifted
The UK government has announced the lifting of an avian influenza-related trade embargo with South Africa, marking a significant development for the food and beverage...
Belgium’s Verbau Dessert Factory Set to Merge
Belgian dessert manufacturers Dessert Factory and Verbau have merged to create a new entity called Mellow. Established in 2007 in Villers-le-Bouillet, Liège, Dessert Factory specializes...
Unigrains Acquires Stake in Spanish Ready-to-Eat Food Company Ñaming
France-based agri-food investor Unigrains has recently made its second investment within a month, this time supporting Spanish ready-to-eat food manufacturer Ñaming. The announcement comes swiftly...
Nutkao Acquired by Teralys, Linked to Moroccan Royal Family
Nutkao, a prominent player in the chocolate and hazelnut spreads market, is now indirectly part of the Moroccan royal family’s portfolio. Teralys, the agri-industrial arm...
One Rock Acquires Stake in Lewis Bakeries, Owner of Bunny Bread
US investment firm One Rock Capital Partners has made a strategic move by acquiring a stake in the third-generation baked goods manufacturer Lewis Brothers Bakeries....
Badia Spices Sells Equity Stake to Investor Group
US-based Badia Spices has announced the sale of a stake in its business to a consortium of investors. According to a report from Reuters, the...
Fragata Brand Owner Ángel Camacho Acquires Maçarico Olives Brand
Spain’s Ángel Camacho, the proprietor of the Fragata table olive brand, has officially acquired the Portuguese company Maçarico. This strategic move represents an important expansion...
Original Juice Company, SPC to Merge with Nature One Dairy
Australia’s The Original Juice Company (OJC), SPC Global, and powdered milk enterprise Nature One Dairy are poised to merge, forming a new powerhouse in the...