Hormel Foods to Divest Justin’s Brand
Hormel Foods is strategically spinning off its Justin’s brand of nut butters and chocolate snacks through a partnership with Forward Consumer Partners. This transaction, anticipated...
Tag : business news
Bakkavor and Greencore Executives Stay Optimistic Despite CMA Worries
The UK’s competition watchdog has indicated that the £2.1 billion acquisition of Bakkavor by Greencore is likely to “substantially” reduce competition in the supply of...
Stockeld Dreamery Closes Due to “Significant” Decline in Plant-Based Market
Stockeld Dreamery, a Swedish dairy-free startup, has officially ceased operations amid a broader decline in the plant-based sector. On October 23, founder and CEO Sorosh...
PNC Brands Group Acquires Majority Stake in Ice Cream Factory
PNC Brands Group has secured a majority stake in the US-based family-owned Ice Cream Factory for an undisclosed amount. Founded in 2019 by Shannon and...
SlimFast UK & Europe Acquired for £20.1 Million
Glanbia has finalized the sale of its meal replacement brand, SlimFast, to Supreme for a total cash consideration of £20.1 million ($27 million). This figure...
Century Pacific Foods Acquires Additional Coconut Products Factory
Century Pacific Food has solidified its position in the food manufacturing sector by acquiring a coconut-processing plant from Roxas Sigma Agriventures. In a statement to...
Premier Group Acquires South Africa’s RFG Holdings
Premier Group has announced plans to acquire fellow South African food producer RFG Holdings in an advantageous share-swap deal. Under this agreement, RFG shareholders will...
Warburtons Announces Acquisition of Roberts Bakery’s Ilkeston Facility
Bakery giant Warburtons has announced its strategic acquisition of the Roberts Bakery site in Ilkeston. This move is aimed at meeting the increasing demand for...
PepsiCo Reports Q3 Profit Decline to $12.8 Billion
PepsiCo has recently unveiled its financial results for the third quarter, revealing a decrease in profit margins. The company reported an impressive net revenue of...
Joe Delucci’s Ltd Engages Liquidators
According to a listing on Companies House dated 1 October 2025, a Notice of Special Resolution revealed “that the company would be wound up voluntarily”....