US Investment Firm Acquires Europe Snacks
US investment firm One Rock Capital Partners has announced a significant deal on September 11, acquiring Europe Snacks, a distinguished private-label snacks manufacturer. This development...
Category : Finance
Australia’s Proform Foods Exits Administration and Enters Liquidation
Proform Foods, an Australian alternative meat company, has officially entered liquidation following the appointment of administrators in May. A final meeting of the company’s creditors...
Cal-Maine Foods Partners with Crepini to Establish U.S. Joint Venture
Cal-Maine Foods has entered a strategic partnership with fellow U.S. company Crepini to establish a new venture focused on prepared foods and egg products. Headquartered...
Andros Negotiates Acquisition of Chocolate Plant from Carambar
More than 100 jobs are likely to be preserved at the Carambar & Co. chocolate plant in France, as Andros, a local food company, expresses...
Campbell Omits ‘Soup’ from Its Name Amid New Fiscal Targets Announcement
The iconic “soup” will soon be dropped from Campbell’s brand name under a new company initiative, as the food and beverage company redefines its financial...
Formo Secures Investment from Rewe for Animal-Free Cheese Production
Animal-free cheese start-up Formo has successfully secured $61 million in Series B funding from notable investors, including German retail leader REWE. Founded in 2019 and...
Freiberger Makes Investment in German Pizza Manufacturing
Freiberger, a prominent pizza manufacturer based in Germany, has announced plans to expand its production facility in Berlin. This initiative aims to modernize the site...
Synlait Keeps North Island Facility but Halts Milk Processing Operations
New Zealand’s dairy and infant formula company, Synlait Milk, has announced that it will maintain its Pōkeno plant located on the North Island; however, this...
Meiji Set to Transform Yogurt Production in Japan
Meiji Holdings is poised to close three yogurt manufacturing facilities in Japan, transitioning to a state-of-the-art production site. This strategic move, that underscores evolving food...
Tönnies Acquires Vion’s Beef Operations in Germany
German meat industry leader Tönnies has announced a significant acquisition of beef assets in Germany from its Dutch counterpart, Vion. This transaction encompasses the “majority”...