SlimFast UK & Europe Acquired for £20.1 Million
Glanbia has finalized the sale of its meal replacement brand, SlimFast, to Supreme for a total cash consideration of £20.1 million ($27 million). This figure...
Tag : food and beverage
Former FrieslandCampina Executive Appointed as New CEO of Fraser and Neave
Fraser and Neave, based in Singapore, has appointed former FrieslandCampina executive Rahul Colaco as its new CEO. Colaco is set to officially assume his role...
Wagamama Owner Apollo Reportedly Interested in Costa Coffee Amid Coca-Cola Sale Considerations
Recent developments follow remarks from Coke’s CEO, James Quincey, who indicated to investors last month that the company’s “investment in Costa is not where we...
Ribena Owner to Invest Nearly £1M in Berry Resilience Initiatives
Suntory is poised to invest £920,000 over the next five years to enhance the development of new berry varieties in collaboration with the James Hutton...
Saputo Secures Buyer for King Island Dairy Operations in Australia
Dairy heavyweight Saputo has successfully sold its King Island Dairy business in Australia to two local, unnamed business executives. Under the terms of this agreement,...
Nestlé Acquires Complete Ownership of Chinese Confectionery Company Hsu Fu Chi
Nestlé has acquired the remaining 40% stake in Chinese confectionery business Hsu Fu Chi from the founding Hsu family for an undisclosed sum. The Switzerland-based...
Pioneer Group Unveils Plans for New Food and Beverage Incubator in Bedford
The newly established incubator, named ‘Gastronomica’, is a strategic collaboration between Pioneer and Unilever, with its grand opening slated for Q1 2025. Located at Colworth...
One Rock Capital Partners Acquires Owner of Burts Snacks
In September 2023, One Rock Capital Partners announced its agreement to acquire the snack business of Europe Snacks from Ajax Partners for an undisclosed sum....
Terphane-Origin Materials forges a film agreement aiming to enhance food and beverage applications
Terphane and Origin Materials have formed a strategic partnership to produce sustainable, high-performance bio-polymer films. This collaboration will allow Terphane to purchase and utilize the...