Investor Perwyn Acquires Halal Meat Company Takul
Private-equity firm Perwyn has successfully acquired the UK-based halal meat brand Takul from Stonehouse Foods for an undisclosed amount. This strategic move is part of...
Category : Finance
Bakkavor to Shut Wigan Facility, Endangering 750 Jobs
UK-based food producer Bakkavor has announced plans to close its facility in Wigan, affecting approximately 750 employees. This decision comes after the company revealed that...
Hilton Appoints Mark Allen as Successor to Chairman Robert Watson
Hilton Food Group, the London-listed supplier of private-label products, is set to witness the departure of its long-standing chairman, Robert Watson. Watson, who holds an...
Hain Celestial Divests ParmCrisps Brand to Our Home
Hain Celestial has divested another asset from its US snacks portfolio, selling the ParmCrisps brand to Our Home, a notable player in the food and...
Hochdorf, the Swiss Group, Poised for Acquisition by AS Equity Partners
Swiss company Hochdorf has reached an agreement to divest its infant formula and dairy ingredients division to AS Equity Partners, an investment firm. The transaction...
Arla Introduces Meal-Replacement Beverages in Denmark
Danish dairy leader Arla Foods has officially introduced a new line of meal-replacement, milk-based drinks in its home market of Denmark. The launch of the...
Pladis Launches New Regional Hub in Saudi Arabia
UK-based snacking giant Pladis has inaugurated a new regional headquarters in Jeddah, Saudi Arabia. As the manufacturer of the McVitie’s biscuit brand and a subsidiary...
Nebraska Moves Closer to a Ban on Cultivated Meat
Nebraska may soon join the ranks of U.S. states prohibiting cultivated meat, following Governor Jim Pillen’s executive order aimed at regulating its sale. Pillen has...
Fonterra to Construct New Cream Facility, Generating 70 Jobs
New Zealand’s Fonterra is poised to invest NZ$150 million (approximately $92.8 million) in establishing a new ultra-heat-treated (UHT) cream plant at its Edendale site, located...
German Company Wernsing to Close Deli Products Factory
Wernsing Food Group, a manufacturer based in Germany, is set to close its unprofitable production facility by the end of this year. The decision comes...