Finance Archives - Page 76 of 166 - Food and Beverage Business

Reckitt and Abbott face potential multibillion-dollar costs in infant-formula cases

FAB Team7 August 20247 August 2024

by FAB Team7 August 20247 August 20241024

In the realm of the food and beverage industry trends, senior litigation attorney Dr. Paul Kaufman anticipates that legal actions against major infant-formula suppliers Abbott...

Finance

Siddhi Capital secures $135 million in funding for expansion of food and beverage sector.

FAB Team7 August 20247 August 2024

by FAB Team7 August 20247 August 20241045

Siddhi Capital, a US-based food and drinks growth equity firm, has successfully raised $135m in its second fund, doubling the size of its initial fund...

Finance

PAI Partners makes significant investment in Nutripure

FAB Team7 August 20247 August 2024

by FAB Team7 August 20247 August 20241647

PAI Partners has acquired a majority share in Nutripure, a France-based supplier of sports nutrition and wellness products. The private-equity firm purchased the stake from...

Finance

Flowers Foods to close US bun baking facility

FAB Team6 August 20247 August 2024

by FAB Team6 August 20247 August 20241257

Flowers Foods, a US-based bakery business, is shutting down a bun plant in Baton Rouge, Louisiana, operated by Flowers Baking Co. Despite the closure of...

Finance

GoodLife Foods expands frozen offerings with Pure Ingredients

FAB Team6 August 20246 August 2024

by FAB Team6 August 20246 August 2024968

GoodLife Foods, a Netherlands-based company, has recently acquired frozen food products business Pure Ingredients. Both companies operate in the branded and private-label food segments across...

Finance

Oats Overnight secures additional funding

FAB Team6 August 20246 August 2024

by FAB Team6 August 20246 August 20241388

In a recent development, Oats Overnight, a prominent player in the food and beverage industry, has secured $35 million in funding from a group of...

Finance

JBS plans to increase production by four times in Saudi Arabia

FAB Team5 August 20245 August 2024

by FAB Team5 August 20245 August 20241448

Brazilian meat giant JBS is set to quadruple production in Saudi Arabia with the opening of a new facility in November. The company, known for...

Finance

Probios acquires Italian competitor BiotoBio

FAB Team5 August 20245 August 2024

by FAB Team5 August 20245 August 20241006

Probios, a Florence-based organic food supplier, has recently acquired BiotoBio, another Italy-based supplier of organic foods, in a deal described as “transformational.” Majority-owned by private-equity...

Finance

USDA Aims to Decrease Salmonella Infections Linked to Poultry

FAB Team5 August 20245 August 2024

by FAB Team5 August 20245 August 20241000

The US Department of Agriculture (USDA) is considering measures to reduce the prevalence of salmonella-contaminated poultry in the market. The proposal involves poultry establishments implementing...

Finance

PepsiCo offloads Marmite and Bovril spread brands in South Africa

FAB Team5 August 20245 August 2024

by FAB Team5 August 20245 August 20241455

PepsiCo is selling the rights to the Marmite and Bovril spreads brands in South Africa to Anchor Yeast, part of the Lallemand group in Canada....

Category : Finance

Reckitt and Abbott face potential multibillion-dollar costs in infant-formula cases

Siddhi Capital secures $135 million in funding for expansion of food and beverage sector.

PAI Partners makes significant investment in Nutripure

Flowers Foods to close US bun baking facility

GoodLife Foods expands frozen offerings with Pure Ingredients

Oats Overnight secures additional funding

JBS plans to increase production by four times in Saudi Arabia

Probios acquires Italian competitor BiotoBio

USDA Aims to Decrease Salmonella Infections Linked to Poultry

PepsiCo offloads Marmite and Bovril spread brands in South Africa

Catalina Snacks Announces Leadership Team Changes

Westfalia Fruit Unveils Updated Sustainability Strategy

Pladis Global, McVitie’s Manufacturer, Appoints Frankgerald Stepp as Chief Supply Chain Officer

Metsä Board to Highlight Fresh-Fiber Paperboard Solutions for Foodservice and Premium Corrugated...

M&S Named the UK Public’s Best Supermarket for Limited-Edition Items

Impruv Acquisition Strengthens Constellation’s Cold Chain Presence