Agromousquetaires Considers Selling Eight Factories
Agromousquetaires, a prominent French private-label manufacturer, is strategically placing eight out of its extensive network of over 50 factories on the market. This initiative aligns...
Tag : business news
Greencore and Bakkavor Reach Agreement on £1.2 Billion Merger
Bakkavor has accepted Greencore’s provisional acquisition offer of approximately £1.2 billion, equating to 85p per Bakkavor share plus 0.604 in new Greencore shares. This offer...
WRAP Names Catherine David as CEO
The Waste and Resources Action Programme (WRAP), a prominent global environmental NGO, has made a significant leadership transition by appointing Catherine David as its new...
Mallows Bottling Invests £700k Annually in New Beverage Line
Mallows Bottling, a prominent drinks manufacturer and bottler, has successfully secured new contracts, leading to an anticipated £700,000 increment in annual revenue. One noteworthy contract...
Verde Valle Foods Acquires U.S. Seasonings Company A Dozen Cousins
Verde Valle Foods has finalized a deal to acquire A Dozen Cousins, a U.S.-based food business specializing in beans, rice, and seasoning products rooted in...
Danone Acquires Majority Stake in Plant-Based Nutrition Company Kate Farms
Danone has recently secured a deal to acquire a majority stake in Kate Farms, a U.S.-based company specializing in plant-based and organic nutrition products. Founded...
John Tyson, Former CFO of Tyson Foods, Named Director
John R. Tyson, the former CFO of Tyson Foods, has now been appointed as a director of this prominent US meat giant, following his suspension...
Tesco Reassesses Ambitious 300% Growth Target for Plant-Based Meat
Tesco has expressed uncertainty regarding its ambition to achieve a 300% growth target for plant-based meat as sales in this category “slow”. The UK’s largest...
IDAK Food Group Acquires Pizza Company Sorrento Sapori e Tradizioni
Switzerland’s IDAK Food Group recently acquired Italian pizza maker Sorrento Sapori e Tradizioni for an undisclosed amount, as announced on May 5. Headquartered in Eboli,...
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...