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...
Category : Finance
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...
Eurofins completes acquisition of Salamon & Seaber, a food testing company
Eurofins Food & Water Testing UK has recently acquired Salamon & Seaber, a prestigious analytical testing consultancy specializing in the safety of imported products such...
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...
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...