DMK, eine deutsche Molkerei-Gruppe, plant Produktionsumstellung
In response to declining milk production volumes, German dairy major DMK is taking steps to optimize its network of production facilities. The company plans to...
Category : Finance
OpenPass acquires Fortenova
A recent acquisition in the food and beverage industry saw Croatia’s Fortenova Group taken over by OpenPass, led by local businessman Pavao Vujnova, with approval...
Bolton Group to close canned fish factory in France
Bolton Group, a family-owned Italian food producer, has announced its decision to close a canned fish factory in Quimper, France. The facility, known for producing...
Bakery de France Brings La Lorraine Bakery to North America.
La Lorraine Bakery Group, a family-owned company based in Belgium, has purchased a 50% stake in Bakery de France, a US-based bakery and pastries business....
Portugal government halts implementation of Nutri-Score labelling scheme
The new government in Portugal has decided to pause the implementation of Nutri-Score front-of-pack labels in the country. The previous socialist government had proposed adopting...
Mondelez partners with Lotus to produce Biscoff biscuits in India
Mondelez International and Lotus Bakeries are teaming up to manufacture and sell biscuits in India, focusing on the Lotus Biscoff brand, which contributed 54% to...
PepsiCo secures placement in Biedronka, the largest grocery chain in Poland
PepsiCo is set to resume selling its products through Biedronka, Poland’s largest grocery retailer. The US giant’s products had been absent from Biedronka’s shelves for...
CFO of Tyson Foods suspended following recent arrest
Tyson Foods, a key player in the food and drink industry, has taken action against its CFO, John R. Tyson, following his second arrest in...
Sacha Gerber, Emmi’s CFO, steps down from role in less than 18 months
Swiss dairy giant Emmi has announced the departure of its finance chief, Sacha Gerber, less than 18 months after assuming the role. Gerber decided to...
PepsiCo expands snack production with new facility in Kazakhstan.
PepsiCo, a US-based food manufacturing giant, is investing $160m in a new salty snacks plant in Kazakhstan. The new facility, set to be located in...