Deliveroo Supports DoorDash’s £2.9 Billion Acquisition Bid
In a statement issued on the London Stock Exchange (LSE) on May 6, Deliveroo announced that its board of directors has endorsed an offer from...
Tag : business news
Bega Group to Shutter Strathmerton Plant as Part of Consolidation Efforts
Australian food company Bega Group has announced plans to close its cheese processing and packaging facility in Strathmerton, Victoria. In a statement released on May...
Nestlé Confectionery UK & Ireland Announces New Managing Director Appointment
This month marks a significant transition at Nestlé Confectionery UK & Ireland, as Scott Coles steps in as managing director, succeeding Mark Davies. Davies is...
Grupo Bimbo Acquires Karamolegos Bakery in Romania
Grupo Bimbo has recently acquired Karamolegos Bakery Romania, marking yet another strategic move by the acquisition-driven Mexican bakery group. This transaction, consistent with Grupo Bimbo’s...
Switzerland’s Hero Group Appoints New CEO
Swiss food manufacturing company Hero Group has elevated chief business officer Christian Schierbaum to the role of CEO. Schierbaum will take over from Rob Versloot,...
SalMar Acquires Salmon Farming Company Wilsgård Complete Acquisition
Salmon producer SalMar has finalized a deal to acquire the remaining shares in Wilsgård. This merger values the Norwegian aquaculture company at NKr1.76bn ($168.8m). Already...
Ferrero Names New Managing Director for the UK and Ireland
Craig Barker has transitioned to his new role within Ferrero, having previously led the company’s operations in the Asia Pacific region. With over 30 years...
SugaRich Purchases JD Bamber
SugaRich has successfully acquired the surplus food processing business of JD Bamber Ltd in Preston. This strategic move enhances SugaRich’s position in the food manufacturing...
Beet It Juice Maker Unveils £250,000 Investment
The drinks firm recently unveiled a £250,000 beetroot press at its factory located at Whites Fruit Farm, marking a significant milestone in a year of...
Japfa Shareholders Greenlight Privatization Initiative
Shareholders of Japfa have approved a strategic plan to delist the agri-food company from the Singapore Stock Exchange, marking a significant step in the anticipated...