Unilever initiates discussions with investors for ice-cream sale
Unilever has declined to comment on reports that they are in talks with investors about potentially selling their ice cream business. The consumer goods giant...
Category : Finance
Investor TowerBrook acquires Switzerland’s IDAK Food Group
IDAK Food Group, a Switzerland-based manufacturer of frozen food, has undergone a change in ownership. London and New York-based investment company TowerBrook Capital Partners has...
Bakkafrost considers closing Scottish salmon processing facilities
Bakkafrost, a Faroe Islands-based salmon processing company, is considering shutting down two sites in Stornoway on the Isle of Lewis in Scotland’s Outer Hebrides. The...
Smithfield Foods considers potential listing on US stock market
Smithfield Foods, owned by WH Group, is considering spinning off its pork business in the US and Mexico with a public listing. The world’s largest...
Regal Confections of Canada acquires Mondoux Confectionery
Regal Confections, a Quebec-based chocolate and sweets manufacturer, has recently acquired Mondoux Confectionery, a local distributor renowned for its extensive range of Canadian and international...
Peer PMFresh acquires Australia’s HS Fresh Food after emerging from administration
In the food and beverage industry, HS Fresh Food Group, an Australian salad supplier, recently underwent administration and has now been acquired by local peer...
Ausnutria Dairy acquires complete ownership of Amalthea
Ausnutria Dairy Corp. is set to acquire the remaining 50% share of the Netherlands-based organic goat’s cheese cooperative Amalthea. The initial 50% was purchased in...
Activist investor Oasis Increase Stake in Greencore
Greencore has refrained from commenting on the recent move by Hong Kong activist fund Oasis Management to increase its stake in the UK-listed sandwich maker....
Investment by JBS in a new processing line at Canadian plant
JBS, a major player in the food and beverage industry, is investing approximately C$90m ($66m) in a new patty processing line at a Canadian facility....
PepsiCo joins forces with Yara to develop eco-friendly fertilizers.
PepsiCo has partnered with Yara International to secure lower-emission crop nutrients for its European business. Yara will supply up to 165,000 tonnes of fertiliser per...