Aldi Announces £900m Investment for 2027
The 5% increase in turnover came as Aldi reported a 10.6% share of the UK grocery market. The discount supermarket attributed the performance to its...
Tag : business
Butterfly Agrees Deal to Acquire Sabert
Butterfly Equity has reached an agreement to purchase food packaging producer Sabert Holding Corp in a transaction whose value has not been disclosed. Completion is...
COFIDES Invests €40 Million in Elian
Spanish development finance institution COFIDES has committed €40 million to Barcelona-based agri-food company Elian in exchange for a minority shareholding. The capital will help fund...
Swiss Water Plans Expansion in Delta
Swiss Water Decaffeinated Coffee Inc. plans to invest CAD $6.2 million to expand its Delta, British Columbia, processing facility, increasing maximum production capacity by 15%....
Insignia Finalizes Sale of Tillamook Country Smoker
Insignia Capital Group has finalized the acquisition of Tillamook Country Smoker, a U.S. producer of meat snacks, by Second Nature Brands, which is part of...
Ardagh Considers Selling Its Metal Packaging Division
Bondholders of the restructured packaging firm are exploring potential market interest in Ardagh Metal Packaging, a company presently valued at over $3 billion, as robust...
Unilever Foods Reaches €6.3 Billion in Food Revenue for H1
The company reported an increase in its underlying operating margin, which reached 20.3%. The underlying operating profit hit €5.2 billion, reflecting a year-on-year rise of...
Sazerac’s Acquisition Proposal “Does Not Align” with Brown-Forman’s Future Vision
Spirits leader Brown-Forman has turned down an unsolicited takeover proposal from alcoholic beverage firm Sazerac, labeling the offer as “not actionable.” Wolf Pen Branch, LP,...
Greencore Increases Profit Outlook Due to Volume Growth
Greencore has upgraded its forecasts for a key profit metric following a report of volume growth that exceeds trends in the broader grocery sector. In...
Agropur to Divest Fine Cheese Division to Lactalis
Canadian dairy cooperative Agropur has finalized a deal with Lactalis, a leading dairy company, to divest its fine cheese segment. This agreement encompasses the Oka...