Construction of Kikkoman’s new US plant has begun
Kikkoman Corp., a leading soy-sauce manufacturer, has commenced the construction of a new factory in the US, marking its third facility in the country. The...
Category : Finance
GoodLife Foods to purchase Spanish frozen-food company Audens Group
GoodLife Foods, a Dutch vegetarian-foods maker, is set to acquire Spain’s Audens Group Solutions. The Barcelona-based Audens specializes in frozen ready-meals and Portuguese products. The...
Kyokuyo acquires controlling interest in Northseafood Holland
Tokyo-listed seafood company Kyokuyo has acquired a majority interest in Northseafood Holland to strengthen its presence in overseas processing. The undisclosed stake, acquired through the...
DayDayCook acquires Asian food brand Omsom
Asian cuisine business DayDayCook has acquired US-based peer Omsom, solidifying its position in the food and beverage industry. The financial details of the acquisition have...
Chiquita is legally required to pay compensation for supporting Colombian terrorists
Chiquita Brands International has been directed by a US court to pay $38.3m in damages to the families of victims murdered by a Colombia paramilitary...
Spain sandwich maker Grupo Ñaming acquired by new private equity firm
Grupo Ñaming, a convenience-foods maker based in Spain, has recently changed ownership with Italy’s DeA Capital acquiring a majority stake from Talde Private Equity. Jorge...
Six US facilities to be closed, announces Saputo
Canadian dairy giant Saputo has announced the closure of six of its US facilities by early 2025. COO Carl Colizza revealed that facilities in Belmont,...
Musgrave expands SuperValu’s offerings with acquisition of Clean Cut Meals
Irish food wholesaler Musgrave Group has acquired local ready-to-eat meal producer Clean Cut Meals to enhance the offerings at its supermarket chains, SuperValu and Centra....
Waitrose in the UK acquires meal-delivery company Dishpatch
Waitrose, an upmarket grocer in the UK, has acquired London-based direct-to-consumer meal kit firm Dishpatch. The financial details of the deal were not disclosed due...
Staay Food Group acquires Dutch pear grower
Staay Food Group, a Netherlands-based fruit and vegetable major, has acquired local pears grower Westende Fruitteelt. The financial details of the deal were not disclosed....