Bega Group Sells Peanut Assets to Preserve 30 Jobs
Australia’s Bega Group has successfully found a buyer for its peanut processing assets; however, it will proceed with the business closure. Bega announced in July...
Tag : Group
Lantmännen Unibake Acquires Dutch Bakery Group Boboli Benelux
European bakery group Lantmännen Unibake has strategically acquired Boboli Benelux, a Dutch producer known for its savoury baked goods. While the financial terms of the...
Veganz Group Welcomes Investors for Spun-Off Subsidiaries
Shareholders in Veganz Group have endorsed the German plant-based company’s strategic move to separate its subsidiaries. Veganz Group plans to restructure its operations by creating...
Veganz Group Announces New CEO Appointment
Veganz Group founder Jan Bredack is stepping down as CEO of the loss-making vegan food producer and retailer. Rayan Tegtmeier, a seasoned financial expert, will...
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...
Premium Food Group Challenges Ruling on Vion Deal in Germany
Germany’s Premium Food Group is currently seeking to overturn the rejection of its proposal to purchase factory assets from the meat industry giant Vion. Last...
The Compleat Food Group Acquires Freshpak
UK-based The Compleat Food Group has recently expanded its portfolio by acquiring local sandwich-filling manufacturer Freshpak for an undisclosed sum. Since 2016, Freshpak, owned by...
Italian Investment Fund Buys Stake in Santangelo Bakery Group
Fondo Italiano d’Investimento recently acquired a 70% stake in Santangelo Group, a distinguished bakery business based in Italy. This transaction marks the fifth deal completed...
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...
EPR Regulations Face Criticism as Government Reveals New Fees
The introduction of new fees associated with Extended Producer Responsibility (EPR) regulations has sparked significant debate. As the government unveils these fees, industry stakeholders express...