Bakkavor Sells Its Chinese Operations
Bakkavor, a leading supplier of fresh products, is currently engaged in a takeover proposal from Greencore and has decided to sell its operations in China....
Tag : business
Müller Acquires UK Kefir Company Biotiful Gut Health
Müller has successfully negotiated a deal to acquire Biotiful Gut Health, a UK-based kefir products firm, thus expanding its footprint in the lucrative “functional health”...
Jones Food, the Vertical Farming Venture, Enters Administration
Jones Food Company, a UK-based innovative vertical farming enterprise, has recently entered administration, marking a significant turning point in its operations. Established in 2017 and...
Groupe St-Hubert of Canada Unveils Capital Expenditure Plans
Groupe St-Hubert, based in Canada, is making significant investments in its food manufacturing division. On April 9, the company outlined its capital expenditure (capex) plans,...
Possible Arla and DMK Merger Could Form a €19 Billion Dairy Cooperative
The upcoming merger will unite over 12,000 farmers and operate under the esteemed Arla name. Its headquarters will be established in Viby J, Denmark, with...
Orkla Divests Its Share in Functional Chewing Gum Brand Eace Gum
Nordic group Orkla has divested its 49% stake in the Danish functional chewing gum start-up, Eace Gum. Orkla made an initial investment in Eace Gum...
New Leadership at Japanese Seafood Giant Nissui
Japanese seafood titan, Nissui Group, recently appointed Teru Tanaka as its new president and CEO. Tanaka will officially take over the leadership role in May....
Haldirams, India’s Leading Snack Producer, Sells Stake to Temasek
India-based Haldiram Snacks Food has recently agreed to sell a stake in the business to Temasek, the Singapore government-owned investment fund. However, the specifics of...
Apetito Plans New Factory in Wiltshire
Apetito, a leading prepared meals manufacturer, is set to construct a new facility dubbed Kitchen West. This facility will be located on the site of...
Nestlé Reduces Scale of German Operations Due to Increasing Costs
In a strategic move, Nestlé is downsizing its operations in Germany by shutting down one facility and divesting another, affecting around 225 employees. The Swiss...