Flowers Foods Reduces Sales and EBITDA Forecast
In a significant financial update, Flowers Foods, a prominent US bakery group, has revised its sales and earnings forecasts downward after reporting lower-than-anticipated sales in...
Tag : Foods
Century Pacific Grows Through Acquisition of Atlantic Natural Foods
Century Pacific Food has confirmed the acquisition of key assets from Atlantic Natural Foods, specifically the Loma Linda ready meals and Tuno alt-tuna brands. The...
V2Food Acquires Alt-Meat Rival Daring Foods and Forms Partnership with Ajinomoto
V2Food, an Australian alt-meat company, has successfully acquired US-based Daring Foods while also forging a strategic partnership with the renowned Japanese food giant, Ajinomoto. This...
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...
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...