Unilever Foods Reaches €6.3 Billion in Food Revenue for H1
The company reported an increase in its underlying operating margin, which reached 20.3%. The underlying operating profit hit €5.2 billion, reflecting a year-on-year rise of...
Tag : Foods
ClonBio Foods to Launch Facility for High-Quality Prebiotic Fiber Production
ClonBio Foods has unveiled its intention to establish a large-scale production facility for its innovative prebiotic dietary fibre, FibAX, representing a significant achievement after eight...
Autopack Develops Fully Automated Sauce Production Line for P&B Foods
The project features five advanced machines that seamlessly integrate into P&B (Foods)’s sauce production operation, installed and commissioned to enhance automation in the manufacturing process....
Unilever and McCormick Reach $44.8 Billion Food Merger Agreement
Unilever has reached a pivotal agreement to merge its Foods division with McCormick, creating a global flavor powerhouse with projected revenues of $20 billion. This...
Pure Foods Tasmania Acquires Ice Cream Brand Elato
Pure Foods Tasmania has successfully finalized its acquisition of Elato, a prominent premium ice cream brand in Australia. As part of this agreement, Pure Foods...
Delenco Foods Joins Red Sky Food Group as Its Newest Acquisition
UK sausage manufacturer Delenco Foods has been acquired by Red Sky Food Group, an investor-backed venture established this year to focus on protein companies. This...
McCain Foods Expands Footprint with Acquisition of US Competitor Penobscot McCrum
McCain Foods, the Canadian leader in frozen potato products, has acquired US competitor Penobscot McCrum. Although financial terms remain undisclosed, this acquisition signifies a strategic...
Cerealto Makes U.S. Debut by Acquiring Stake in Fresca Foods
Cerealto has successfully acquired a majority stake in Fresca Foods, signaling a significant expansion for the Spanish co-manufacturer into the US market. According to investor-backed...
Taylor Farms Acquires Nature’s Way Foods
While financial details of the deal remain undisclosed, Taylor Farms emphasized that the acquisition would significantly expand its “global footprint.” Natures Way Foods specializes in...
Asian Flavors Fuel Growth Surge in US Food Industry
Where ‘Asian’ once referred to a limited selection of soy sauce, ramen, and teriyaki, entire sections now showcase products inspired by Japanese, Korean, Thai, Chinese,...