Zespri elevates Chief Operating Officer to Chief Executive Officer
Zespri, a New Zealand-based kiwi fruit grower, has appointed Jason Te Brake as its new CEO, effective from 1 July. Te Brake will take over...
Category : Finance
Arla Foods and Mondelez collaborate to introduce Milka chocolate milk
Arla Foods, a Danish dairy group, has partnered with Mondelez International, a US confectionery giant, to introduce chocolate milk under the Milka brand in Germany,...
Mona Dairy faces imminent collapse unless it secures new funding or buyer
Mona Dairy, a UK-based private-label cheese business, is facing potential collapse without new financing or a buyer. Established in 2017 by Ronald Akkerman and David...
Reser’s Fine Foods Purchases American Competitor St. Clair
Reser’s Fine Foods, a US-based deli salad maker, has recently acquired St. Clair Foods, a local peer specializing in refrigerated deli salads, frozen side dishes,...
Vandemoortele strengthens its presence in Italy through the acquisition of Dolciaria Acquaviva
Belgian bakery business Vandemoortele has acquired Italy-based Dolciaria Acquaviva from its private-equity owners and family shareholders. Vandemoortele will take a majority interest in the frozen...
Mondelez restarts production at Oreo plant in Ukraine
Mondelez International has resumed production of Oreo cookies at its Ukrainian plant in Trostyanets. Following a complete reconstruction of the biscuit line at the site,...
FDA announces restructuring in response to infant formula crisis
The Food and Drug Administration (FDA) in the US has announced a restructuring of its food division following the 2022 infant-formula crisis. The new structure...
France’s LDC discussing acquisition of Pierre Martinet salads group
French poultry processing giant LDC is currently in exclusive negotiations to acquire local salads and tabbouleh producer Pierre Martinet. The final deal is expected to...
Australian alternative meat company Proform Foods goes into administration
Proform Foods, a key player in the food and beverage industry, specializing in plant-based meat alternatives, has entered voluntary administration. Administrators from the local branch...
Cargill meat plant employees in Canada initiate strike action
At a Cargill meat processing facility in Guelph, Ontario, Canada, close to 1,000 workers went on strike, citing a disagreement over pay. The local United...