Bega Group Sells Peanut Assets to Preserve 30 Jobs
Australia’s Bega Group has successfully found a buyer for its peanut processing assets; however, it will proceed with the business closure. Bega announced in July...
Tag : business news
Ben & Jerry’s Advocates for Independence Following Unilever Spin-Off
The founders of Ben & Jerry’s are urging parent company Unilever to allow the ice cream brand to operate as an “independently owned company.” Ben...
Eureden Appoints New CEO for D’aucy Division
Eureden, the prominent French agri-food group known for brands like D’aucy and Paysan Breton, has appointed a new chief executive. Marie-Gabrielle Daniel, previously the deputy...
Treatt Finalizes £157M Sale to Private Equity-Backed Natara
Under the terms of the deal, Treatt shareholders will receive 260p in cash for each share, representing a 16.1% premium based on the firm’s share...
Sealord to Shut Down Factory Due to “Significant Challenges”
New Zealand seafood processor Sealord plans to close its factory in Nelson, jeopardizing 79 permanent jobs. Today, on 5 September, Sealord announced it has initiated...
Meggle Acquires Rücker Dairy to Enhance Cheese Division
German dairy powerhouse Meggle has strategically acquired Rücker dairy, further solidifying its foothold in the competitive cheese market. While financial terms of the acquisition remain...
Poland’s Suempol Acquires Shrimp Processor Van Biesen & Peiters
Poland’s Suempol has made a significant move by acquiring Van Biesen & Pieters in Belgium, marking its return to the roots of shrimp processing and...
Ben & Jerry’s Founders Request Separation from Parent Company Before IPO
Ben & Jerry’s, a beloved ice cream brand, is currently under the ownership of Unilever, which is in the process of spinning out its ice...
Gerald McDonald Finalizes Purchase of Dried Fruits Importer
Founded in 1926, Demos Ciclitira excels in sourcing and supplying high-quality dried ingredients, collaborating closely with dried fruit and ingredient packer George Harker and Co....
Wagamama Owner Apollo Reportedly Interested in Costa Coffee Amid Coca-Cola Sale Considerations
Recent developments follow remarks from Coke’s CEO, James Quincey, who indicated to investors last month that the company’s “investment in Costa is not where we...