Fonterra Names Long-Standing Internal Candidate as New CEO.
Richard Allen is set to assume the role of CEO on May 1, 2026, succeeding Miles Hurrell, who will stay on in an advisory capacity...
Tag : Finance
OneThird Secures €1M Investment to Enhance Spectral Imaging Technology
OneThird, a startup dedicated to combating food waste, has secured a €1 million innovation credit from the Netherlands Enterprise Agency (RVO). This funding is dedicated...
Unilever and McCormick Reach $44.8 Billion Food Merger Agreement
Unilever has reached a pivotal agreement to merge its Foods division with McCormick, creating a global flavor powerhouse with projected revenues of $20 billion. This...
ProAmpac Acquires Flexibles Specialist TC Transcontinental Packaging in £1.12 Billion Deal
Based in Chicago, TC operates as the packaging division of Transcontinental, employing approximately 3,500 staff across 25 production sites in North America, Latin America, the...
Lidl GB Contributes £14.5 Billion to the UK Economy
Lidl reported substantial Gross Value Added (GVA) generated through its operations and supply chain in the financial year 2024. This impact, dubbed ‘the Lidl Effect,’...
Macquarie Offers £5.7 Billion for Australian Logistics Firm Qube
Macquarie Asset Management has proposed an A$11.6 billion (£5.70 billion) takeover of Qube Holdings, a leading logistics provider based in Australia. This strategic offer includes...
Doughlicious Receives Investment from Bain-Backed Fund
UK cookie dough producer Doughlicious has secured a significant investment from a Bain & Company venture fund. The specifics, including the size of the investment,...
Katjes Group Makes Another Investment in SD Sugar Daddies
Katjes Group has acquired a majority stake in SD Sugar Daddies, a prominent German cookie-dough business. This privately-owned group has purchased a 25% stake in...
Beyond Meat’s IPO Triumph Fades into Penny Stock Status
Beyond Meat’s journey appeared promising six years ago, as alt-protein sales surged, pushing the company’s share price above $230 after its IPO. However, the scenario...
Once Upon a Farm Announces IPO Filing
Once Upon a Farm has officially registered for an IPO in the US, marking a significant milestone a decade after its establishment as an organic...