Greencore and Bakkavor Extend Negotiations for Potential Deal
Greencore and Bakkavor have secured additional time to negotiate the terms of a potential £1.2bn ($1.57bn) takeover bid. Last week, the two UK food manufacturing...
Tag : Food Industry
Grupo Marilan Acquires Panettone Producer Siena Alimentos
Brazilian biscuit maker Grupo Marilan has acquired local panettone producer Siena Alimentos. The financial terms of this transaction remain undisclosed. In a statement, Marilan emphasized...
Cal-Maine Acquires Breakfast Foods Company Echo Lake Foods
In a strategic move, US egg major Cal-Maine Foods has agreed to acquire Echo Lake Foods, a well-regarded breakfast foods manufacturer. In its third quarter...
IFFA 2025: Multivac Presents Customized Solutions for Sliced Products
This year at IFFA in Frankfurt, the Multivac Group will demonstrate how sliced products can be processed efficiently and cost-effectively in various output categories through...
DayDayCook Partners with Chinese Meal Company Hewen for Joint Venture
Asian cuisine business DayDayCook (DDC) has recently entered into a joint-venture agreement with China-based ready-meals producer Hewen Agricultural Technology. This binding agreement, announced on April...
Danone to Shut Down Dairy Plant in Germany
Danone is planning to shut down a dairy plant in Germany, citing high production costs and underutilization of the facility as primary factors. The Activia...
Taylors Snacks’ New Product Development Boosts Employment Opportunities
In an exciting development for the food manufacturing industry, Taylors Snacks has partnered with Marks & Spencer (M&S) to introduce the new ‘Extreme Ridge’ crisp...
Greencore Poised to Acquire Bakkavor in £1.2 Billion Transaction
The two boards of Greencore and Bakkavor have reached an agreement on the essential financial terms of a transformative deal, proposing the formation of a...
Alpro Commits to 100% British Oats Investment
In collaboration with the Navara oat mill in Kettering, Alpro is strategically sourcing most of its oats from farmers located within 80 miles of the...
Haldirams, India’s Leading Snack Producer, Sells Stake to Temasek
India-based Haldiram Snacks Food has recently agreed to sell a stake in the business to Temasek, the Singapore government-owned investment fund. However, the specifics of...