Cloetta Pauses Plans for New Confectionery Facility
Cloetta’s newly appointed President and CEO, Katarina Tell, has announced a suspension of investment plans for a new confectionery facility in the Netherlands. The Sweden-based...
Category : Finance
General Mills Partners with Ahold Delhaize to Launch Emissions-Reduction Joint Venture
General Mills is taking significant steps in collaboration with Ahold Delhaize, a prominent name in the food and beverage industry, to drive sustainability through regenerative...
US Group Urges Biden to Prevent Port Strike Threatening Agri-Food Trade
The US Chamber of Commerce has called on President Biden to intervene and prevent a potential port strike that could have significant economic ramifications for...
Courchesne Larose Acquires Local Rival Veg-Pak in Canada
Courchesne Larose Group, a prominent Canadian supplier of fruits and vegetables, has recently acquired Veg-Pak Produce, a local competitor, for an undisclosed amount. This strategic...
HKFoods Allocates Investment for Ready-Meals Facility in Finland
HKFoods, formerly known as HKScan, is making significant investments in a new factory in Vantaa, Finland, aimed at expanding its production capacity for ready meals....
Plant-Based Meal Replacement Brand Sperri Launches in the U.S.
Sperri, a Canadian company specializing in plant-based meal replacement beverages, has recently received new funding aimed at supporting its expansion into the US market. This...
Rise Baking Transitions to New Private Equity Ownership with Two New Investors
Rise Baking Company has been acquired by Platinum Equity and Butterfly Equity, marking a significant shift in ownership for the Minneapolis-based firm. In a partnership...
Synlait Advances Its Survival Strategy with Debt Refinancing
Synlait Milk has successfully secured debt refinancing with its creditors, marking a crucial step toward ensuring the survival of this New Zealand-based dairy company. The...
Aimia Foods Reacquired by Founding Family, the Unsworths
Aimia Foods has been reacquired by the Unsworth family, who originally sold the UK-based company in 2014 to Canada’s Cott Corp. This strategic move marks...
Unigrains Investment Fund Supports French Dairy Group Beillevaire
France-based agri-food investor Unigrains has made a significant financial commitment to the local dairy company Beillevaire Groupe. While the specific financial terms of the investment...