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...
Tag : business news
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...
Bramble Foods Group Purchases Whitakers Chocolates
The British chocolatier Whitakers has been crafting luxurious confectionery for retail, private label, and food service markets since 1889. With a legacy of excellence, the...
Plant-Ex Ingredients Names New Managing Director
The appointment of Trevor Debenham as the new managing director of Plant-Ex Ingredients Ltd marks a significant step forward for the company. This transition enables...
AG Barr Names New Chief Commercial Officer
Dino Labbate, an industry veteran with extensive experience in food and beverage packaging, joins AG Barr from Britvic—recently acquired by drinks giant Carlsberg. During his...
2 Sisters Names Paul Friston as Chief Financial Officer
Paul Friston brings over 28 years of experience with M&S, where he has excelled in various financial roles. Notably, he served as the interim chief...
Gressingham Group Acquires Central Foods
Gressingham Group recently announced a strategic acquisition, guided by financial consultancy MHA, which enhances its expanding portfolio in the UK food manufacturing sector. The founders...