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...
Category : Finance
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...
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...
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...