RTG International Partners with Concordis in Purchasing Alliance
RTG International, the German purchasing alliance, has officially joined the newly formed European peer, Concordis, as a founding partner. Concordis was initially announced on 7...
Tag : corporate strategy
Cal-Maine Foods Establishes Chief Strategy Officer Position
US egg producer Cal-Maine Foods has appointed Keira Lombardo to the newly established role of chief strategy officer (CSO), effective immediately. “The creation of this...
PepsiCo Takes Steps Towards North American Integration
PepsiCo is striving to enhance productivity by integrating its two largest businesses in North America: snacks and beverages. During the second-quarter results presentation on July...
Century Pacific Seeks to Acquire Atlantic Natural Foods Assets
Century Pacific Food, a prominent meat and seafood group based in the Philippines, has emerged as the stalking-horse bidder in the auction for the assets...
Orior Plans Major Restructuring Initiative
Orior, the Switzerland-based food and drinks group, is actively implementing “far-reaching measures” aimed at improving profitability and reducing debt. Despite achieving increased sales last year,...
Bega Group Targets Fonterra’s Oceania Division
Australian food and dairy company Bega Group is taking steps to obtain “informal merger clearance” from the country’s competition watchdog regarding a “potential” acquisition of...
The Compleat Food Group Establishes COO Position to Fuel Growth
The Compleat Food Group has appointed its first chief operating officer as the UK business seeks to support its growth strategy. Following its expansion through...
Mondi Purchases Schumacher Packaging’s Assets in Western Europe
Following the completion of the acquisition of Schumacher Packaging’s Western Europe assets, Mondi—an industry leader in sustainable paper and packaging manufacturing—has significantly enhanced its capacity,...
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...
Premium Brands Secures Another Acquisition as It Targets an Additional C$1 Billion
Premium Brands Holdings aims to add almost C$1 billion ($698.4 million) to its revenue as the Canadian food manufacturing giant announces yet another acquisition. Recently,...