Refresco acquires FrÃas Nutrición, a plant-based drinks group.
Refresco, a Dutch drinks group, has recently acquired Spanish plant-based beverage maker FrÃas Nutrición from its private-equity owner. The financial details of the deal were...
Category : Finance
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...
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)...