Conagra to Sell Chef Boyardee Brand in $600 Million Transaction
Conagra Brands is set to divest its legacy Chef Boyardee shelf-stable pasta business to Hometown Food Company for $600 million in cash. The US-based frozen...
Category : Manufacturing
Linda McCartney’s CEO Steps Down Immediately Amid Declining Sales
Wendy Davison has served as president and CEO of the New Jersey-based group, which includes notable brands such as Linda McCartney’s, Ella’s Kitchen, Hartley’s, and...
Allied Bakeries Faces Strategic Review by Parent Company ABF
Allied Bakeries has entered a strategic review in light of what parent company Associated British Foods (ABF) described as a “very challenging market”. Today, 29...
Groundbreaking innovation for liquid sachet packaging
In recent years, small sachet formats have received a lot of attention in the media for the environmental challenges that they present. These small plastic...
JBS to Invest in Four Seara Facilities in Brazil
Meat giant JBS recently announced plans to invest 216 million reais ($37.8 million) across four Seara sites located in southeastern Brazil. The investment primarily aims...
Carr’s Financials Surpass Expectations with New CEO Appointment
The group announced adjusted revenues and operating profits of £50.6 million (up 7%) and £5.9 million (up 62.6%), respectively, based on continuing operations. This financial...
Proposed Amendments to the Soft Drinks Industry Levy Could Encompass Ready-to-Drink Coffee
The UK Government is currently consulting on the potential extension of the Soft Drinks Industry Levy (SDIL) to include milk-based and milk substitute drinks. This...
Nestlé Confectionery UK & Ireland Announces New Managing Director Appointment
This month marks a significant transition at Nestlé Confectionery UK & Ireland, as Scott Coles steps in as managing director, succeeding Mark Davies. Davies is...
BlueNalu Strengthens Partnership with Nomad Foods
US-based lab-grown seafood innovator BlueNalu has expanded its strategic partnership with Nomad Foods to launch its products in the UK and Europe. The collaboration, which...
Italy’s Planet Farms Expands Investment into UK Vertical Farming
Italy’s Planet Farms is set to invest over £25m ($33.2m) in a new vertical farming facility in the UK. The agri-tech enterprise, headquartered in Milan,...