Finance Archives - Page 67 of 163 - Food and Beverage Business

Workers Stage Strike at Premier Group’s Confectionery Facility in South Africa

FAB Team28 August 2024

by FAB Team28 August 2024802

Workers at Premier Group’s confectionery facility in Wadeville, Germiston, South Africa, have initiated a strike over wage disputes. The protest commenced on August 19, with...

Finance

Australia’s Kimberly Meat Co. Acquired from Administration

FAB Team27 August 202427 August 2024

by FAB Team27 August 202427 August 2024873

Australia’s Kimberly Meat Co. and its subsidiaries have emerged from administration, thanks to a buyout from Canadian investor Alberta Investment Management Co. (AIMCo). Based in...

Finance

Ellison Bakery Acquired by QualiTech, a MidOcean Portfolio Company

FAB Team27 August 202427 August 2024

by FAB Team27 August 202427 August 2024764

US-based Ellison Bakery has been acquired for an undisclosed amount by QualiTech, a manufacturer specializing in plant nutrition, animal nutrition, and food ingredient products. This...

Finance

Synlait Refutes Claims of Asset Sale Decision

FAB Team27 August 202427 August 2024

by FAB Team27 August 202427 August 2024699

Beleaguered New Zealand dairy and infant formula company Synlait Milk has refuted claims regarding the sale of assets to rival Open Country Dairy. Local media...

Finance

Alice Mushrooms Secures Investment from L Catterton and Actor Zac Efron

FAB Team27 August 202427 August 2024

by FAB Team27 August 202427 August 2024983

Alice Mushrooms, backed by renowned private-equity firm L Catterton and supported by celebrities like actor Zac Efron, is making waves in the food and beverage...

Finance

THG Collaborates with Premier Foods for Fuel10K E-Commerce Initiative

FAB Team27 August 202427 August 2024

by FAB Team27 August 202427 August 2024600

UK consumer brands group THG has forged a partnership with local food giant Premier Foods to enhance the distribution of Fuel10K products in the direct-to-consumer...

Finance

Pilgrim’s Pride Reaches $100 Million Settlement for Underpaid Chicken Farmers

FAB Team27 August 202427 August 2024

by FAB Team27 August 202427 August 2024723

US poultry giant Pilgrim’s Pride has reportedly reached a settlement to conclude a prolonged legal battle initiated by chicken farmers who accused the company of...

Finance

A2 Milk Signals Sluggish Revenue and Margin Growth

FAB Team26 August 202426 August 2024

by FAB Team26 August 202426 August 20241063

The A2 Milk Company has indicated a modest outlook for revenue and profit margins in the upcoming fiscal year, primarily due to persistent challenges within...

Finance

Ajinomoto Group Introduces Solein Products in Collaboration with Solar Foods

FAB Team23 August 202423 August 2024

by FAB Team23 August 202423 August 20241496

Japan-based food manufacturer Ajinomoto Group is set to introduce a new brand in collaboration with Solar Foods, renowned for its carbon-neutral protein. This synergy promises...

Finance

Arla Restructures Early Life Nutrition Division, Anticipates Job Cuts

FAB Team23 August 202423 August 2024

by FAB Team23 August 202423 August 20241239

Danish dairy leader Arla Foods has unveiled an initiative to boost its production of early life nutrition (ELN) ingredients significantly. However, this strategic reorganization will...

Category : Finance

Workers Stage Strike at Premier Group’s Confectionery Facility in South Africa

Australia’s Kimberly Meat Co. Acquired from Administration

Ellison Bakery Acquired by QualiTech, a MidOcean Portfolio Company

Synlait Refutes Claims of Asset Sale Decision

Alice Mushrooms Secures Investment from L Catterton and Actor Zac Efron

THG Collaborates with Premier Foods for Fuel10K E-Commerce Initiative

Pilgrim’s Pride Reaches $100 Million Settlement for Underpaid Chicken Farmers

A2 Milk Signals Sluggish Revenue and Margin Growth

Ajinomoto Group Introduces Solein Products in Collaboration with Solar Foods

Arla Restructures Early Life Nutrition Division, Anticipates Job Cuts

General Mills Sells Häagen-Dazs Stores in China

Luxardo Revamps Limoncello Packaging for Eco-Friendly Efficiency

THAIFEX – ANUGA ASIA 2026

100 days to go: London Packaging Week 2026 puts discovery at the...

Bruichladdich and Whitebox Join Forces to Launch Ready-to-Drink Cocktail

Refreshing Summer Sips: Magners 0.0% Pint Bottle for Mindful Enjoyment