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