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...
Category : Finance
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...
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...
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...