Zalmhuys Group acquires minority share in Dutch seafood company Anova
Zalmhuys Group, a Netherlands-based fresh and frozen fish major, recently acquired a minority stake in local supplier Anova Seafood. This strategic move signifies a new...
Tag : food and beverage industry trends
Negotiations to acquire Princes by Newlat are put on hold
Newlat, an Italy-based food manufacturer, has ceased negotiations to purchase UK tinned fish and beverage business Princes after their latest offer was turned down. In...
Indoor Farming Business, Hippo Harvest, secures $21 million in funding to support expansion
US-based Hippo Harvest, an indoor farming start-up, has secured $21m in funding to expand its greenhouse operations and product offerings into new categories of leafy...
Campbell Soup shifts focus towards margin growth as inflation subsides
The food and beverage industry is witnessing some notable trends that are impacting business strategies. Campbell Soup Co. is making efforts to position itself for...
Indorama Ventures Triples PET Recycling Capacity in Brazil with IFC ‘Blue Loan’ Support
Indorama Ventures Public Company Limited, one of the world’s largest producers of recycled Polyethylene Terephthalate (PET) resin, announced the successful expansion of its recycling facility...
Carrefour asserts that food suppliers are not reducing their prices
Despite pressure from the French government to reduce prices, the country’s largest food manufacturers are not “playing the game,” according to grocery major Carrefour. Carrefour’s...
Walmart and PepsiCo Collaborate for a Collective Regenerative Agriculture Initiative
The food and beverage industry is witnessing a new trend towards regenerative agriculture, and US giant PepsiCo has joined forces with retail heavyweight Walmart to...
Dori Alimentos, a Brazilian Sweets Maker, to Be Acquired by Ferrero’s Ferrara Candy
Ferrero US subsidiary Ferrara Candy Co. has acquired Brazilian snacks business Dori Alimentos. Ferrara, which was bought by privately-owned Italian giant Ferrero in 2017, sees...
Whole Earth Replaces Interim CEO Due to Conflict of Interest
Whole Earth Brands, a prominent US food and beverage group, has made changes to its executive team amid a potential takeover bid by its founder’s...