Absinthe is Experiencing a Renaissance
Absinthe is making an impressive comeback. The global market is projected to reach $40.2 billion by 2028, with a compound annual growth rate (CAGR) of...
Category : Manufacturing
Joriki in Canada Seeks Creditor Protection
Joriki, the co-manufacturer of plant-based milks for Danone and Walmart in Canada, has initiated a process for creditor protection. Recently released documents on the website...
Westfalia Fruit Purchases Belgian Avocado Product Manufacturer Syros
Westfalia Fruit has acquired Belgium-based avocado product manufacturer Syros for an undisclosed sum. Established three decades ago, Syros delivers “high-quality” avocado-based products to European supermarkets,...
Completion of the UK’s Tallest Freezer Warehouse
The new coldstore, comprising 101,000 pallets and standing at 47.5 meters high, features an advanced automated storage and retrieval system. Designed with a highly energy-efficient...
Beef Industry on High Alert Following China’s Announcement of Import Investigation
China has initiated a probe into beef imports, a strategic move by Beijing aimed at bolstering its domestic meatpacking industry. Following this announcement, shares of...
Varun Beverages Increases Its Share in PepsiCo’s Soft Drink Volumes
Varun Beverages has made a significant investment of ₹4,128.04 million by acquiring ordinary shares in its subsidiary, The Beverage Company Proprietary Limited (BevCo). This strategic...
Strikes Scheduled at Five Princes Locations
Unite the Union recently announced that its members, employed at various sites including Bradford, Cardiff, Glasgow, Long Sutton, and Wisbech, have overwhelmingly voted in favor...
US Introduces New Regulations to Strengthen “Healthy” Food Claims
The US food oversight agency is advancing its commitment to redefine what qualifies as “healthy” with a new ruling. This initiative, initiated in 2022 as...
CMA Approves $3.9 Billion Purchase of Eviosys
On 24 October, the CMA initiated a Phase 1 investigation to review the proposed merger of two businesses, initially agreed upon in July for $3.9...
Comvita Reports Increased Losses in 2024 Due to “Accounting Irregularities” in China
Comvita’s shares faced further decline today (9 December) following the company’s announcement of “accounting irregularities” tied to its operations in China. These irregularities are projected...