UK’s Mona Dairy appoints administrators
Mona Dairy, a UK-based own label cheesemaker, has unfortunately entered administration, as announced on its website. The joint administrators, Anthony Collier and Phil Reynolds from...
Category : Finance
Smithfield Foods acquires sausage facility from Cargill
Smithfield Foods, a prominent US pork manufacturer, is set to acquire a dry sausage production facility from Cargill, a major player in the agri-food industry....
Saladexpress in Canada shuts down operations.
Saladexpress, a Canada-based vegetable and salad producer, has announced its closure, ceasing all activities. The company, headquartered in St-Remi, Quebec, focused on processing and preparing...
Aleph Farms, a cultivated-meat business, reduces workforce
Aleph Farms, a cultivated-meat business based in Israel, has laid off nearly a third of its employees. Approximately 30 employees, out of a workforce of...
Ruiz Foods to shut down California location
In a strategic move, US-based frozen food and snack maker Ruiz Foods has announced the closure of its California facility later this year, affecting 215...
Yakult Plans to Establish Factory in the Philippines
Japan-based Yakult Honsha has recently inaugurated its second factory in the Philippines to manufacture its renowned probiotic milk beverages. The $34 million investment in this...
Hortifrut, a major player in the berry industry, appoints new CEO.
Hortifrut, a Chile-based berries supplier, has announced the appointment of Héctor Enrique Luján Valladolid as its new chief executive. With over a decade of experience...
Groupe Antilles Glaces Acquires Groupe Saint Aubin in France
Caribbean’s Groupe Antilles Glaces has acquired majority shares in France’s Groupe Saint Aubin. Antilles Glaces, known for its dairy products, soft drinks, and fresh produce...
Müller buys Yew Tree Dairy in the UK
Müller has acquired family-owned UK dairy company Yew Tree Dairy to enhance its export business and drive supply-chain resilience. The undisclosed deal includes Yew Tree’s...
Dutch meat company Group of Butchers acquires Germany’s Abbelen.
Group of Butchers, a Netherlands-based company, has acquired German private-label meats producer Abbelen. The financial details of the transaction have not been disclosed. This move...