Tyson Foods Sells Interest in Joint Venture in India
US meat industry leader, Tyson Foods, has divested its minority interest in its Indian joint venture with the local conglomerate, Godrej Agrovet. According to a...
Category : Finance
Tyson Foods Appoints Calaway as New CFO
Tyson Foods has officially appointed a permanent replacement for its suspended CFO, John R. Tyson, who has faced legal troubles over the last two years....
Bega Group Predicted to See Significant Increase in Underlying Profits
Bega Group has projected that its normalized EBITDA will increase by over 20% during the upcoming financial year for the Australian company. The owner of...
New School Foods Gains Fresh Funding and Launches Production Facility
New School Foods has successfully raised $6 million in funding to support the launch of its innovative plant-based salmon alternative products in both the US...
Boparan Divests European Poultry Assets to Private Company
Ranjit Singh Boparan has successfully executed the sale of poultry assets in Europe from his family-owned 2 Sisters Food Group to his private investment vehicle,...
Ferrero Announces Construction of New Production Facility at German Plant
Ferrero, the renowned confectionery company, is planning a substantial investment of approximately €170 million ($189 million) towards enhancing its manufacturing site located in Germany. This...
Mount Franklin Foods Purchases Filled-Marshmallow Manufacturer
US-based confectionery and snacks company Mount Franklin Foods has acquired Stuffed Puffs, a manufacturer known for its innovative filled marshmallows, enhancing its position within the...
Bonduelle to Divest Salad Businesses in France and Germany
Bonduelle, a leading player in the fruit and vegetable sector, has announced plans to divest its packaged salad businesses in France and Germany. On August...
Hain Celestial’s SKU Simplification: Ongoing Challenges with Baby Food
Hain Celestial has forecast that the first half of its upcoming financial year will be impacted by ongoing efforts to streamline its product offerings and...
Better Meat Co. Secures Federal Grant to Boost Production Capacity
The Better Meat Co., a leading US food-tech company, has been awarded a $1.5 million federal grant aimed at boosting production of its distinctive mycoprotein....