Reina Group Purchases Vital Sandwiches
Reina Group, a notable Spanish bakery and dessert company, has successfully acquired the local sandwich-maker, Vital Sandwiches. The financial terms of this strategic transaction remain...
Tag : Food Industry
Nestlé Halts Production at Dairy Facility in Argentina
Nestlé is set to temporarily suspend production at one of its powdered milk and dairy product facilities in Argentina, starting in March. The Swiss multinational...
Migros Sells SoFine Tofu Brand to The New Originals
Elsa Group, a member of the Swiss retail co-op Migros Group, has strategically divested its Dutch tofu operation, SoFine, to The New Originals Company (NOC),...
Scandi Standard Acquires Tyson Foods’ Dutch Operations
Poultry group Scandi Standard has acquired a set of manufacturing assets from Tyson Foods in the Netherlands. Based in Sweden, Scandi Standard confirmed that the...
The UK Halal Market Poised for Significant Expansion
The global halal market is projected to soar, reaching over $3.27 trillion by 2028, up from $2.09 trillion in 2021. This upward trend presents significant...
Pete & Gerry’s Organics Purchases Farmers Hen House
Pete & Gerry’s Organics, a prominent player in the US free-range egg sector, has successfully acquired the local company Farmers Hen House for an undisclosed...
Plukon Food Group Acquires Spanish Competitor Grupo AvÃcola Hidalgo
The Netherlands-based poultry giant Plukon Food Group has successfully acquired Grupo AvÃcola Hidalgo, marking its most recent investment in Spain. Grupo AvÃcola Hidalgo, a family-owned...
Nestlé Discontinues Vegan KitKat Due to Decreased Demand
KitKat V, the vegan-friendly chocolate bar manufactured by Nestlé, is set to be removed from store shelves worldwide. However, a limited quantity will remain available...
Cargill to Shut Down Turkey Processing Facility in the U.S.
Cargill will close a turkey-processing site in the US this August. The agri-food giant plans to shut down its facility in Springdale, Arkansas, at the...
Nestlé Allocates $1 Billion for Expansion of Production in Mexico
Nestlé has announced a significant investment package of $1 billion to enhance its operations in Mexico over the next two years. The Swiss food manufacturing...