Unilever plans to cut thousands of office jobs in Europe
Unilever is implementing a cost-cutting “productivity programme” that will result in the reduction of up to 3,200 office jobs in Europe. The multinational company, famous...
Category : Finance
Big Idea Ventures introduces new brand of plant-based seafood
Big Idea Ventures, a US venture-capital firm, has made an undisclosed investment in Bayou Best Foods, a start-up focusing on plant-based shrimp alternatives. This investment...
French company Groupe Menissez acquires British competitor Village Bakery
French industrial bakery business Groupe Menissez has recently acquired UK-based Village Bakery from private-equity firm Limerston Capital. The financial details of the transaction were not...
Royal A-ware purchases The Dairy Food Group, a Belgian company
Royal A-ware, a Netherlands-based dairy group, is set to acquire Belgium-based peer The Dairy Food Group, a move that aligns with the company’s strategy of...
House of Raeford Farms to Acquire US Poultry Complex from Tyson Foods
US meat major Tyson Foods has agreed to sell a poultry processing complex to local poultry producer House of Raeford Farms. Financial details were not...
Masthead introduces Florenz after acquiring Wedderspoon honey
Manuka honey producer Wedderspoon Organic Group has been acquired by New Zealand-based investor Masthead. The acquisition will see Wedderspoon integrated into a new holding company,...
UK dairy industry cautioned about the financial implications of building climate resilience
To future-proof their farms against climate change, UK dairy farmers are facing the need to invest approximately £3.9bn ($5bn) over the next decade, according to...
Russian backers removed as Fortenova Group takeover finalizes
Fortenova, a Croatian agri-food and retail company, has completed a takeover with local businessman Pavao Vujnovac’s Open Pass taking control. This move follows European Union...
Local investor acquires Italian cured meat business Trinità
Italian investment firm Fondo Italiano d’Investimento has acquired a majority stake in local cured meat manufacturer Trinità Spa Industria Salumi through its subsidiary Fondo Italiano...
Cargill Canadian meat plant strike action concludes after 41 days
The striking workers at a meat plant in Canada, owned by US agri-food giant Cargill, have agreed to return to work after negotiating a new...