North Brewing Co Acquired One Year After Rescue from Administration
Founded in 2015, North Brewing was successfully rescued from administration in January 2024. This transition followed the strategic sale of its business and assets to...
Tag : business news
Nestlé Halts Production at Dairy Facility in Argentina
Nestlé is set to temporarily suspend production at one of its powdered milk and dairy product facilities in Argentina, starting in March. The Swiss multinational...
Scandi Standard Acquires Tyson Foods’ Dutch Operations
Poultry group Scandi Standard has acquired a set of manufacturing assets from Tyson Foods in the Netherlands. Based in Sweden, Scandi Standard confirmed that the...
Yowie Reveals Supply Chain Changes in Response to New US Tariffs
Australia-based Yowie Group is actively re-evaluating its supply chain due to the imminent US tariffs on imports from Canada and China. The tariffs, effective from...
Jennings Brewery Set to Reopen After Acquisition
The Cockermouth-based brewery closed its doors in 2022 after the Jennings brand was sold to Carlsberg Marston’s Brewing Company (now part of Carlsberg Britvic). However,...
Fever-Tree Sells Stake Worth £71 Million to Molson Coors
The recent sale of an 8.5% shareholding in Fever-Tree signifies a strategic alignment between Fever-Tree and Molson Coors. Under this partnership, Molson Coors will take...
Over 100 Jobs at Stake at Compleat Bakery Location
The manufacturer has initiated a consultation process concerning a proposal to decrease headcount across multiple departments at Tittle Bakery. Reports indicate that 131 positions may...
Mowi Increases Ownership in Competitor Nova Sea to 95%
Norwegian salmon farming leader Mowi is set to acquire Vigner Olaisen’s 46% stake in local competitor Nova Sea for Nkr7.4bn ($655m). This acquisition will effectively...
Plukon Food Group Acquires Spanish Competitor Grupo AvÃcola Hidalgo
The Netherlands-based poultry giant Plukon Food Group has successfully acquired Grupo AvÃcola Hidalgo, marking its most recent investment in Spain. Grupo AvÃcola Hidalgo, a family-owned...
Nestlé Allocates $1 Billion for Expansion of Production in Mexico
Nestlé has announced a significant investment package of $1 billion to enhance its operations in Mexico over the next two years. The Swiss food manufacturing...