Grupo Bimbo closes two bakeries in the US
Grupo Bimbo, a major player in the food and beverage industry, is set to close two bakery sites in the US as part of its...
Category : Finance
UK Job Cuts: THG’s Nutrition Division Impacted
THG, a UK-based sports nutrition and beauty products business, has announced plans to reduce over 100 jobs across various divisions. The Manchester-headquartered e-commerce retailer has...
Müller makes substantial investment in German yogurt manufacturing
Müller is set to construct a new production facility at its Alois Müller dairy in Germany for jarred yogurt products sold under the Landliebe brand....
Capsa invests in cheese maker Innolact, strengthening Spain’s dairy industry.
Capsa Food, a leading dairy company in Spain, has recently acquired a 40% stake in local cream-cheese and mascarpone producer Innolact. The financial details of...
Valeo expands Canadian presence with acquisition of Appalaches Nature
Investor-backed Valeo Foods Group has acquired Appalaches Nature, marking the company’s second foray into the maple syrup industry. This acquisition follows Valeo Foods’ previous purchase...
Refresco acquires Frías Nutrición, a plant-based drinks group.
Refresco, a Dutch drinks group, has recently acquired Spanish plant-based beverage maker Frías Nutrición from its private-equity owner. The financial details of the deal were...
Beston Global issues a warning regarding “viability” as details of dairy talks are disclosed.
Australia’s Beston Global Food Co. is contemplating selling off its dairy operations to ensure the company’s financial stability in the ever-evolving food and beverage industry...
GrowUp Farms secures new funding to expand vertical farming operations
UK-based GrowUp Farms has secured £38m ($49.3m) in fresh funding from investment firm Generate Capital “to meet growing demand.” The vertical-farming business will use the...
Monogram Foods to Close US Sandwich and Snacks Plant
Monogram Foods, a US-based convenience products manufacturer, is facing the closure of its plant in Dickson, Tennessee, putting 240 jobs at risk. The decision to...
Manna Tree increases investment in Verde Farms, a beef producer
In a recent development, Manna Tree Partners has acquired a “controlling interest” in organic beef supplier Verde Farms, following a previous investment of a minority...