Lactalis to close another dairy factory in Romania
French dairy giant Lactalis is making strategic changes in its operations in Romania. The company plans to close a factory in Miercurea Ciuc, Harghita County,...
Category : Finance
Plant-Based Funding Increases with £20 Million Contribution from Planet First
This UK-based plant-based business, This, has recently secured £20m in funding from impact investor Planet First Partners in its Series C funding round. This brings...
Rise Baking buys Table Talk Pies, expanding their US market.
Private-equity backed Rise Baking Company has acquired Table Talk Pies, a US business with a century of experience in producing snack and dessert pies. The...
Oscar Mayer denies allegations of ‘fire and rehire’ tactics at UK site
Oscar Mayer, a UK-based chilled ready meals producer, has vehemently refuted allegations of employing ‘fire and rehire’ tactics against its employees at the Wrexham facility....
Bidcorp UK Acquires Northern Bloc Ice Cream
Bidcorp UK, a foodservice provider, has recently acquired Northern Bloc Ice Cream. The acquisition includes the trade and assets of the ice-cream maker, known for...
Peter Skene resigns as CEO of Australian dairy group AHF, organization now searching for replacement leadership
Peter Skene has stepped down as CEO of Australian Dairy Nutritionals (AHF) immediately to pursue other opportunities. Skene has been a part of the Victoria-based...
Browns Food Group acquires beef processor AK Stoddart
Browns Food Group, a UK meats and seafood processor, has recently acquired local beef producer AK Stoddart in a substantial deal. The investment made by...
Danone to expand precision fermentation with the help of partners
French dairy giant Danone has partnered with Michelin, Crédit Agricole, and DMC Biotechnologies to invest in precision fermentation, a process that creates bio-sourced materials for...
QV Realisations, a potato company, goes into administration.
QV Realisations, a UK-based potato producer, faces uncertainty as administrators step in, endangering 200 jobs. Part of the UK vegetables business AH Worth Group, QV...
The FDA needs to improve “inadequate” inspection and recall policies
In the wake of the 2022 infant formula crisis in the US, a new report suggests that the Food and Drug Administration (FDA) must update...