Maple Leaf Foods Raises EBITDA Forecast Ahead of Pork Business Split
Maple Leaf Foods, a leading entity in Canada, has raised its full-year EBITDA guidance in anticipation of a strategic separation of its pork division into...
Tag : Foods
PE-Backed Turri’s Italian Foods Acquires Joseph’s Gourmet Pasta
Turri’s Italian Foods has successfully acquired fellow U.S. frozen food manufacturer Joseph’s Gourmet Pasta from LaSalle Capital, a U.S. private-equity firm. The financial specifics of...
Bikaji Foods Partners with Chaudhary Group for Joint Venture
India’s Bikaji Foods International (BFIL) has initiated a snacks joint venture in Nepal with the prominent local conglomerate, Chaudhary Group (CG). “The joint venture marks...
Cacique Foods Names Ex-Mondelez Executive as New CEO
Cacique Foods, a prominent US producer of Hispanic food products, has appointed Pedro Silveira as its new CEO. He previously held executive positions at Mondelez...
Valeo Foods Group Acquires Italian Panettone Producer Melegatti 1894
Valeo Foods Group has announced a strategic acquisition of Melegatti 1894, an esteemed Italian producer known for its panettone, pandoro, and croissants. While the exact...
Arla Foods Expands Investment in Danish Cheese Production Facility
Arla Foods is strategically expanding cream cheese production capacity at its Holstebro Dairy site in Denmark. This initiative comes with a significant investment of €59.4...
Hormel Foods Appoints Interim CEO, Permanent Leader Yet to Be Named
Hormel Foods recently appointed Jeffrey Ettinger, former CEO and board member, as the US group’s interim chief executive. Notably, Hormel announced that it will take...
Del Monte Foods to Shut Down Fruit Processing Plant in Washington
Del Monte Foods is poised to close a facility in Yakima, Washington this summer as part of a strategic move to align its food manufacturing...
Griffiths Family Foods Partners with Eureden in UK Egg Joint Venture
Griffiths Family Foods (GFF) and French cooperative Eureden have partnered to enhance value-added egg product sales in the UK. This collaboration links GFF with Eureden’s...
B&G Foods Sells Don Pepino and Sclafani Brands to Violet Foods
US manufacturer B&G Foods has officially sold its Don Pepino and Sclafani sauces and canned tomatoes brands to investor-backed Violet Foods. Violet Foods is a...