Mondelez plans to increase investment in production facilities in Pakistan
Mondelez International is planning to invest approximately $5m in its operations in Pakistan, aiming to boost local production in the Asian country. The US confectionery...
Category : Finance
Produce group The Greenery considering potential collaboration with BelOrta
In the food and beverage industry, two prominent players, The Greenery and BelOrta, have decided to collaborate under a Union of Producer Organisation (UPO). This...
Samworth Brothers elevates Simon Wookey from Chief Customer Officer to Chief Executive Officer
In the food and beverage industry trends, Samworth Brothers has appointed CCO Simon Wookey as the new CEO, succeeding departing chief executive Hugo Mahoney, the...
German dairy company DMK is considering investment in Poland venture
Germany’s largest dairy group, DMK, has initiated a move to acquire its venture partner in Mlekoma Dairy, a sales and distribution business in Poland. The...
Australia Government agrees to implement grocery code recommendations
Australia’s government is taking action to address anti-competitive behavior in the grocery sector by accepting all recommendations from a review of the country’s grocery code....
Britannia Industries Announces Closure of Factory in India
India’s Britannia Industries is set to close its biscuit factory in a Kolkata suburb after all permanent workers accepted voluntary retirement schemes. The company announced...
Stellex Capital purchases US bakery J. Skinner
Stellex Capital Management, a private-equity firm, has acquired family-owned US bakery company J. Skinner Baking. The financial terms of the deal were not disclosed. This...
CK Snacks becomes a part of the Nexus Capital family following acquisition from Kilroy Partners.
CK Snacks, a US private label and co-manufacturer, has been acquired by Nexus Capital from Kilroy Partners. The Los Angeles-based asset-management firm, in partnership with...
Regal Food Products Makes Acquisition of Bradford Manufacturing Facility
Regal Food Products Group, a Bradford-based food manufacturer specializing in world food bakery and confectionary products, has recently acquired a new 45,000 sq. ft site...
Dutch firms collaborate to provide clarity on expiration date labeling
A coalition of food companies and supermarkets in the Netherlands has come together to address food waste by providing clarity on expiry dates for certain...