CK Snacks Purchases Competitor Axium Foods in Nationwide Transaction
US salty snack manufacturer CK Snacks has successfully acquired local competitor Axium Foods for an undisclosed amount. This strategic move is expected to enhance CK...
Category : Finance
European Commission to Contest China’s Dairy Investigation at WTO
The European Commission is set to contest China’s anti-subsidy investigation into EU dairy products at the World Trade Organization (WTO). This decision signifies Brussels’ commitment...
Tiffin Sandwiches Set to Generate 400 Jobs with New Food Manufacturing Facility in the UK
Tiffin Sandwiches, a prominent convenience food supplier, is set to expand its operations with a new manufacturing site in the UK, projected to generate approximately...
Nissin Foods Acquires ABC Pastry in Australia
Nissin Foods Co. is responding to what it identifies as a growing appetite for Asian cuisine in Australia by acquiring local business ABC Pastry. Located...
Danone Seeks Full Ownership of US Kefir Producer Lifeway Foods
Danone has initiated efforts to acquire Lifeway Foods, a leading US producer of kefir, in which the French multinational already holds a 23.4% minority stake....
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...
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....