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...
Category : Finance
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...
Ahimsa cohort owners take over Wicked Kitchen
Wicked Kitchen, the plant-based retail and foodservice brand known for its diverse offerings, has recently been acquired by the Ahimsa group of companies. This acquisition...
John Coletta hired as CEO of Clover Sonoma
In a strategic move, US-based dairy producer Clover Sonoma has named John Coletta, formerly of Peet’s Coffee and Quiznos, as its new CEO. Coletta, who...
Nissin Foods Acquires South Korean Savoury Snacks Brand
Nissin Foods Co., a subsidiary of Japanese noodle manufacturer Nissin Foods Holdings Co., plans to acquire South Korean baked grain crispy rolls maker Gaemi Food...
Brian Schiegg named CEO of Schwan’s
Schwan’s Co. has appointed Brian Schiegg as the CEO of the South Korea-owned retail and foodservice supplier specializing in pizza, meals, and desserts. Schiegg takes...