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...
Category : Finance
Walmart and Costco to Participate in Canada’s Grocery Code of Conduct
Retailers Walmart and Costco have agreed to join Canada’s grocery code of conduct. A statement from Canada’s federal, provincial and territorial ministers of agriculture confirmed...
Beyond Meat in discussions with bondholders about restructuring
Beyond Meat, a meat-alternatives producer, is currently in discussions with bondholders to reorganize the company’s debt, as reported by The Wall Street Journal. The bondholders,...
China identifies Danish Crown and Vion in EU anti-dumping investigation
European pork heavyweights Danish Crown, Vion, and Litera Meat have been identified by China in its anti-dumping inquiry into European Union pork imports. This move...
Lactalis to invest in new dairy facility in Colombia
Lactalis has confirmed its plan to invest €3m ($3.2m) in one of its manufacturing facilities in Colombia, specifically in MedellÃn, Antioquia. The facility produces UHT...
JBS boosts investment in Australian salmon farming company, Huon Aquaculture
JBS, a leading meat processor, is making a strategic investment in its Huon Aquaculture salmon-farming business in Australia. The company plans to inject A$110m ($73.6m)...
German confectionery employees prepare for ‘warning strikes’
Germany’s confectionery workers are gearing up for ‘warning strikes’ after negotiations for a pay deal fell through with several companies in the industry. The Food-Genuss-Gaststätten...
Grounded Capital invests in Straus Family Creamery
Straus Family Creamery, a renowned organic dairy producer offering a variety of products including yogurt, ice cream, and kefir, has recently received a substantial equity...
Nestlé and Danone unite to urge global leaders to take action on biodiversity depletion
A cohort of more than 130 major companies and financial institutions, including Nestlé, Danone, and Unilever, have urged global leaders to adopt and enforce policies...
Reckitt warns that tornado damage in US warehouses could impact nutrition sales
A tornado has caused significant damage to a warehouse in Mount Vernon, Indiana, used by Reckitt for its baby food products in the US. The...