Arla boosts UK exports through capex investment
In a strategic move, dairy giant Arla Foods has pledged additional capital expenditure for its UK manufacturing sites in 2024. During the UK Farm to...
Category : Finance
Canadian Premium Brands Experience Increase in Volumes
Premium Brands Holdings experienced a return to growth in first-quarter volumes in Canada, although performance still fell short due to constraints on consumer spending. The...
Atlantic Sapphire appoints new CEO
Atlantic Sapphire, a Norway-based salmon farming business, has appointed Pedro Courard as the new chief executive, succeeding founder Johan Andreassen. Courard, who has over 25...
US Allocates $200 Million to Prevent Bird Flu Transmission on Dairy Farms
The US government departments are allocating approximately $200m to prevent the spread of avian flu within the country’s dairy farm network. The US Department of...
Kraft Heinz considers selling Oscar Mayer
Kraft Heinz is reportedly exploring a sale of its Oscar Mayer business, with potential earnings of $3bn to $5bn, as per the Wall Street Journal....
Canada sees the launch of Lactalis’ new plant-based drink line
Lactalis, a prominent player in the food and beverage industry, has recently introduced a new line of plant-based “high protein” drinks in Canada. The Enjoy...
PAI Partners in discussions with investors for additional funding for Nestlé joint venture
Private-equity firm PAI Partners is reportedly in discussions with investors for a new fund to house its 50% stake in the Froneri ice cream joint...
Fraser & Neave Holdings to Construct a Dairy Plant in Cambodia
Fraser & Neave Holdings, a Malaysia-based company, is expanding its presence in Cambodia by establishing a new dairy factory. Singapore-based Fraser & Neave Ltd, the...
Local peer Kunzler acquired by US pork producer Clemens Food Group
The US-based pork producer Clemens Food Group has acquired local peer Kunzler & Company. This strategic acquisition will add three more processing facilities to Clemens’...
SunOpta considers mergers and acquisitions as increased volume growth brings debt target closer into reach
In the food and beverage industry, SunOpta is experiencing volume-driven growth, positioning itself for potential mergers and acquisitions as it nears its debt leverage target....