New Nestlé Factory in Ukraine to Begin Production by Year-End
Nestlé has announced plans to commence production at a new factory in Ukraine by the fourth quarter of this year. This facility, located in the...
Category : Finance
Synlait and A2 Milk Settle Prolonged Contractual and Pricing Dispute
Synlait Milk and The A2 Milk Co. have reached a resolution in a long-standing dispute regarding contracts and pricing. The settlement, announced on 16 August,...
Elmhurst 1925 Expands into Plant-Based Meat Sector
US dairy alternatives supplier Elmhurst 1925 is making a strategic move into the plant-based meat sector. The company has recently introduced a plant-based chicken product...
UK Manufacturers Poised for Renewed Investment
A recent report by the Food and Drink Federation (FDF), the authoritative UK industry body, indicates that manufacturing leaders are optimistic about the future, stating...
US Moves Forward in Efforts to Lower Salt Levels in Packaged Foods
The US Food and Drug Administration (FDA) is advancing its initiative to prompt food manufacturers to significantly decrease sodium levels in their products. Ultimately, the...
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...
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...