Jana Partners Critiques Leadership Transition at Lamb Weston
Jana Partners, an activist investor in the US-based French fries manufacturer Lamb Weston, has publicly criticized the company’s recent decision to appoint its COO as...
Category : Manufacturing
Louis Dreyfus Company Purchases BASF’s Food and Health Performance Ingredients Division
In a strategic move within the food manufacturing sector, international agricultural processor and merchant Louis Dreyfus Company (LDC) has entered into a binding agreement to...
Salmon Excels Amid Decline in UK Food and Drink Exports Due to Alcohol Slump
A decline in whisky shipments has negatively impacted the UK’s food and drink exports during the first nine months of the year, according to industry...
Taylor Farms to Invest in Dutch Produce Processor Hessing
Taylor Farms, a leading salad producer based in the US, has made a strategic investment in Hessing, a well-established processor and distributor of fresh fruits...
Richardson to Increase Granola Packaging Capacity at US Facility
Canadian agribusiness Richardson International has announced an ambitious expansion plan for its oat mill and processing facility located in Nebraska, USA. This strategic expansion aims...
Lucozade’s Parent Company Invests £6 Million in Sustainable Factory Initiatives
SBF GB&I, the producer of Lucozade and Ribena, is making significant strides in enhancing its operations through a new electricity connection aimed at reducing reliance...
Mondelez to Renew Investment in Chocolate Production in Poland
Mondelez International is investing nearly 74 million zlotys ($18 million) to enhance its chocolate production capabilities at a plant in Skarbimierz, Poland. This significant investment...
Lamb Weston Appoints Michael Smith as New CEO and Lowers Sales Forecast
US-based French fries manufacturer Lamb Weston has recently appointed a new CEO, shortly after being urged to revamp its leadership team by an activist investor....
Carlsberg Receives Regulatory Approval for £3.3 Billion Britvic Acquisition
On 8 July 2024, Carlsberg and Britvic reached a landmark agreement, which subsequently gained the support of Britvic shareholders in late August following the company’s...
Schreiber Foods to Increase Cheese Production at U.S. Facility
US dairy group Schreiber Foods has announced a significant investment of $211 million at its cheese production plant located in Carthage, Missouri. Headquartered in Green...