Valio invests sixty million euros to expand cheese plant in Finland.
Valio, a Finnish food major, has announced plans to invest €60m ($65.3m) in cheese production at a domestic plant. The Lapinlahti factory will be expanded...
Category : Finance
Campbell Soup Co. to cut jobs at “inefficient sites” as part of restructuring plan.
In the food and beverage industry, US company Campbell Soup Co. is taking steps to optimize its supply chain. This includes closing a manufacturing plant...
Mondelez launches new NPD facility in Singapore
Mondelez, a US confectionery giant, has opened a new biscuit and baked snacks NPD facility in Singapore to cater to its Asia Pacific, Middle East,...
Valeo Foods purchases Dal Colle, a prominent Italian bakery brand
Valeo Foods, a prominent player in the food and beverage industry, has recently acquired Italian cakes and pastries business Dal Colle. This strategic move aims...
Newlat secures agreement to acquire Princes brand from Mitsubishi
Princes, a UK-based food and drinks manufacturer, has recently confirmed its full acquisition by Italian peer Newlat. The global canned foods maker is being sold...
Mondelez punished in Europe for past violations of anti-trust laws
Mondelez International has been fined €338m ($366.5m) in Europe for “hindering cross-border trade” in breach of competition regulations. The European Commission conducted a probe dating...
Haribo invests millions into new candy manufacturing facility in Germany
German sweets giant Haribo announced a significant investment of around €300m ($326.5m) in a new production plant in Neuss, North Rhine-Westphalia. The site will focus...
Léa Nature, based in France, buys Biothentic’s bulk organic food division
Compagnie Léa Nature has acquired the bulk business unit belonging to fellow French organic food producer Biothentic. ABCD Nutrition, Biothentic’s owner, has agreed to hand...
1440 Foods Announces Opening of New Healthy Snack Plant in the US
1440 Foods, a US-based company, is set to open a new production facility in Jeffersonville, Indiana, to meet the growing demand for healthy snacks in...
Nestlé workers have been striking in Canada for nearly three weeks
Nestlé workers in Canada are approaching their third week of strike action at a plant in Toronto, citing issues with pension pay. The dispute has...