Danone Considers Alternatives for Lifeway After Dropping Takeover Bid
Danone has officially abandoned its pursuit of acquiring Lifeway Foods and is now exploring alternative strategies for its investment in the US kefir manufacturer. Last...
Tag : Food Industry
Paramount Retail Group Purchases DB Foods Group
DB Foods has announced an exciting new chapter of growth, secured through its recent acquisition by the Paramount Retail Group. This transition marks a pivotal...
Hovis CEO Jon Jenkins Resigns After Three Years in Leadership Role
Hovis CEO Jon Jenkins is stepping down after three impactful years at the helm of this prominent UK bakery. Jenkins’ departure comes in the wake...
Glanbia Sells Slimfast Brand to Heartland Food Group
Glanbia plc, recognized as the Better Nutrition company, has announced an agreement to sell SlimFast US, along with operations in select other jurisdictions. This transaction...
Bega Group Sells Peanut Assets to Preserve 30 Jobs
Australia’s Bega Group has successfully found a buyer for its peanut processing assets; however, it will proceed with the business closure. Bega announced in July...
Ben & Jerry’s Advocates for Independence Following Unilever Spin-Off
The founders of Ben & Jerry’s are urging parent company Unilever to allow the ice cream brand to operate as an “independently owned company.” Ben...
Charcuterie Artisans Welcomes New Private Equity Ownership
US firm Charcuterie Artisans has been acquired by an investment fund managed by Industrial Opportunity Partners. In a recent statement, Charcuterie Artisans, the parent company...
Meggle Acquires Rücker Dairy to Enhance Cheese Division
German dairy powerhouse Meggle has strategically acquired Rücker dairy, further solidifying its foothold in the competitive cheese market. While financial terms of the acquisition remain...
Tyson Appoints COO Following Departure of Supply Chain Head
In a significant leadership shift, Tyson Foods has appointed Devin Cole, previously leading its poultry division, as the new COO. This announcement coincides with the...
Gerald McDonald Finalizes Purchase of Dried Fruits Importer
Founded in 1926, Demos Ciclitira excels in sourcing and supplying high-quality dried ingredients, collaborating closely with dried fruit and ingredient packer George Harker and Co....