Bell Food’s Eisberg Divests Three Plants in Eastern Europe
Bell Food Group’s Eisberg unit has announced the sale of three production sites in Poland, Romania, and Hungary. This strategic move aims to refocus its...
Tag : Food Industry
Greencore and Bakkavor Reach Agreement on £1.2 Billion Merger
Bakkavor has accepted Greencore’s provisional acquisition offer of approximately £1.2 billion, equating to 85p per Bakkavor share plus 0.604 in new Greencore shares. This offer...
Verde Valle Foods Acquires U.S. Seasonings Company A Dozen Cousins
Verde Valle Foods has finalized a deal to acquire A Dozen Cousins, a U.S.-based food business specializing in beans, rice, and seasoning products rooted in...
Danone Acquires Majority Stake in Plant-Based Nutrition Company Kate Farms
Danone has recently secured a deal to acquire a majority stake in Kate Farms, a U.S.-based company specializing in plant-based and organic nutrition products. Founded...
John Tyson, Former CFO of Tyson Foods, Named Director
John R. Tyson, the former CFO of Tyson Foods, has now been appointed as a director of this prominent US meat giant, following his suspension...
Tesco Reassesses Ambitious 300% Growth Target for Plant-Based Meat
Tesco has expressed uncertainty regarding its ambition to achieve a 300% growth target for plant-based meat as sales in this category “slow”. The UK’s largest...
Beyond Meat Navigates a Risky Landscape Amid Economic Uncertainty
One must wonder how much longer loss-making Beyond Meat can navigate the challenges posed by muted demand for plant-based proteins, especially as economic uncertainty in...
IDAK Food Group Acquires Pizza Company Sorrento Sapori e Tradizioni
Switzerland’s IDAK Food Group recently acquired Italian pizza maker Sorrento Sapori e Tradizioni for an undisclosed amount, as announced on May 5. Headquartered in Eboli,...
Bakkavor Extends Greencore’s ‘Put Up or Shut Up’ Deadline for the Second Time
The ‘put up or shut up’ (PUSU) deadline was initially extended to 5 PM on 9 May, following the realization that a comprehensive agreement would...
Gay Lea Foods Sells Notre Dame Creamery
Canadian dairy producer Gay Lea Foods Co-operative has sold Notre Dame Creamery to local peer Fromagerie Chaeban. The financial terms of the deal remain undisclosed....