THG Collaborates with Premier Foods for Fuel10K E-Commerce Initiative
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...
Category : Finance
Pilgrim’s Pride Reaches $100 Million Settlement for Underpaid Chicken Farmers
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...
A2 Milk Signals Sluggish Revenue and Margin Growth
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...
Ajinomoto Group Introduces Solein Products in Collaboration with Solar Foods
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...
Arla Restructures Early Life Nutrition Division, Anticipates Job Cuts
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...
The ToFoo Co. Secures Investment from Comitis Capital
The ToFoo Co., a UK-based plant-based protein producer, has secured an undisclosed investment from Comitis Capital, a growth investment firm located in Germany. As trends...
Synlait Initiates Equity Raise to Ensure Long-term Viability
China’s Bright Dairy is poised to become the majority stakeholder in Synlait Milk through a crucial NZ$271.8 million ($166.8 million) equity raise aimed at revitalizing...
Vion Divests Two Additional German Facilities
Vion Food Group has recently divested its interests in two German sites, transferring ownership to the meat business Erzeugergemeinschaft Südbayern. This strategic move enables the...
Tiger Brands Reappoints Tjaart Kruger as CEO for Extended Term
South Africa’s Tiger Brands has announced an extension of Tjaart Kruger’s tenure as CEO for an additional three years, underscoring the company’s commitment to stable...
Calavo Growers Completes Sale of Fresh-Cut Division
Calavo Growers, a key player in the US fresh produce sector, has recently finalized a sale of its fresh-cut business. Earlier this year, the company...