Ferrero Expands Its M&A Activity by Acquiring Purely Elizabeth
Ferrero is taking significant strides to enhance its breakfast offerings with the purchase of Purely Elizabeth, a US-based food company. Details regarding the financial aspect...
Tag : business news
JBS Reinstates Family Leadership with Wesley Batista Filho as New CEO
Wesley Batista Filho has been named the new CEO of JBS, a leading meat processing company, reinstating leadership within the family of founding shareholders. Taking...
B&G Foods CEO Casey Keller Announces Retirement
After five years leading B&G Foods, president and CEO Casey Keller is retiring from his position at the U.S.-based food manufacturer. The company announced in...
Vandemoortele Acquires US Bakery Banneton in Full Takeover
Belgium’s Vandemoortele has acquired full ownership of US-based bakery counterpart Banneton, securing the remaining shares in the company. The financial specifics of this acquisition remain...
Suntory Celebrates 80 Years in Coleford with £57.5 Million Investment
Suntory Beverage & Food GB&I marks an impressive 80 years of operations at its Coleford facility with a significant investment initiative totaling £57.5 million. This...
Unilever Achieves Worker Protections in Food Merger
Unilever has committed to uphold the employment conditions for its workforce in the UK and European food sectors for two years following its merger with...
2 Sisters Food Group Plans Job Reductions at UK Ready-Meals Facility
2 Sisters Food Group is preparing to eliminate jobs at a ready-meals facility in the UK as part of a restructuring initiative. The company, a...
John Ghingo Appointed CEO of Hormel Foods
Hormel Foods has appointed John Ghingo, its current president, as the new CEO of the U.S. food company, succeeding Jeff Ettinger. Ettinger stepped into the...
Léa Nature Acquires Spain’s Nagual Alimentación
French organic food company Compagnie Léa Nature has finalized an agreement to acquire Nagual Alimentación, a Spanish producer of tortillas and wraps. This acquisition was...
Smurfit Westrock Collaborates with Coca-Cola for World Cup Event
Innovative packaging tailored to engage football enthusiasts during pivotal sporting events has emerged as a focal point. Smurfit Westrock has collaborated with Coca-Cola China to...