US Baker Glenn Wayne Acquired by Private Equity Firm Tide Rock
Glenn Wayne Wholesale Bakery has been acquired by private-equity firm Tide Rock in an all-US transaction. Tide Rock intends to implement strategic expansion plans for...
Category : Finance
Akua Shuts Down Kelp-Based Protein Venture
Akua, a New York-based start-up specializing in plant-based products derived from kelp seaweed, has announced its closure. Co-founder and CEO Courtney Boyd Meyers disclosed on...
Trian Partners, led by Nelson Peltz, divests £180 million in Unilever shares
Trian Partners, a New York-based hedge fund spearheaded by activist investor Nelson Peltz, has divested approximately £180 million ($231.3 million) worth of Unilever shares since...
Beston Global Poised for Key “Commercial Arrangement” in Dairy Sector
Beston Global Food Co. has indicated that it may be nearing the conclusion of a deal concerning its dairy and dairy nutrition segment with an...
Three investors acquire US-based Butterworks Farm
US-based dairy business Butterworks Farm has been acquired by Anthony Calderaro, Ania Kuniej, and Joseph Calderaro. The Vermont dairy farm, known for its organic dairy...
Brett Hewlett appointed as new CEO of Comvita, succeeding David Banfield
Comvita, a Kiwi Manuka honey maker, is undergoing a “strategic reset” as CEO David Banfield steps down in favor of chairman Brett Hewlett. The transition,...
UK Advertising Authority Bans “Misleading” Huel and Zoe Advertisements
The UK’s Advertising Standards Agency (ASA) has prohibited online advertisements from the meal-replacement company Huel and the personal nutrition firm Zoe. Specifically, the ASA banned...
Danish Crown Appoints Niels Duedahl as Successor to Jais Valeur
Danish Crown has appointed Niels Duedahl, an external candidate, as its new CEO. This strategic decision signals a pivotal moment as the cooperative seeks to...
Bikaji Foods looks to acquire a stake in fellow local company Ariba Foods
Bikaji Foods International is considering acquiring a stake in Ariba Foods, a fellow Indian company engaged in the manufacturing and selling of frozen food products....
Conagra purchases Sweetwood Smoke, producer of high-fat meat sticks
Conagra Brands has recently expanded its meat snacks portfolio by acquiring Sweetwood Smoke & Co., a Colorado-based company known for producing meat sticks smoked with...