Danone Shifts Drinkable Yogurt Production to Romania
Danone has shifted a portion of its YoPro drinkable high-protein yogurt production to a facility in Bucharest, Romania. This strategic move aims to enhance operational...
Category : Finance
Planted Chooses Germany for Its Second Alternative Meat Production Facility
Planted is set to boost its production capacity by establishing a second factory dedicated to meat alternatives. This initiative aims to enhance the output of...
Saputo Announces Closure of Australian Dairy Plant Under Review
Canadian dairy giant Saputo has announced the impending closure of its King Island Dairy operation based in Australia. This decision comes after the Tasmanian facility...
ABF Acquires Australian Bakery Business The Artisanal Group
Associated British Foods (ABF) has recently announced the acquisition of Australia’s The Artisanal Group, a strategic move in the evolving landscape of the food and...
Unilever Receives Approval to Divest Russian Assets
Unilever has reportedly secured the Kremlin’s approval to divest its assets in Russia, marking a significant strategic shift for the company. According to the local...
Valeo Foods Group Acquires Central European Snack Company IDC
Investor-backed Valeo Foods Group has made significant strides in recent weeks, having completed its second acquisition in just six weeks by purchasing IDC Holding, a...
Monde Nissin Approves Construction of Automated Biscuit Factory
Philippines-based food and beverage leader, Monde Nissin, has received approval to establish an automated biscuit production facility in its home market. Monde Nissin, known for...
Mondelez Observes Initial Signs of Volume Recovery
Mondelez executives are observing initial indications of an increase in volume, although consumers continue to face challenges due to price hikes and cocoa inflation, which...
Müller Receives Approval to Acquire Poland’s Graal Fish Business
The Theo Müller Group has received competition approval in Poland to acquire the local seafood company, Graal. The agreement between Müller and Graal’s private equity...
Lantmännen Invests in New Plant-Based Protein Production Facility
Swedish agricultural and food company Lantmännen has made a significant investment of Skr1.2 billion ($116.4 million) to establish a state-of-the-art factory dedicated to producing plant-based...