Calavo Growers Receives Takeover Interest from Unidentified Investor
Calavo Growers, a Nasdaq-listed leader in fresh produce, has received a takeover approach from an unidentified suitor. Based in Santa Paula, California, this supplier of...
Tag : investment
Asda Commits £1.3 Million to Enhance Electric Home Delivery Fleet
Asda is expanding its fleet by adding 112 home delivery vans and charging points at various stores across the UK. This strategic move will increase...
Zito Group of Croatia Acquires Majority Stake in Pork Producer MI Ravlić
Croatia’s Žito Group has successfully acquired a majority interest in local meat producer MI Ravlić. Žito Group, based in the Slavonia region of north-east Croatia,...
Grillo’s Pickles invests $54 million in new facility in Indiana
Grillo’s Pickles, a subsidiary of Irresistible Foods Group (IFG), is advancing its operations with the construction of a new manufacturing facility in Indiana. Recently, the...
Juvela Unveils £1.5 Million Bakery and Introduces New Brand
The new bakery has opened at Juvela’s allergen-free facility in Wales, equipped with “state-of-the-art” technology. This development will support the launch of OAF, a gluten-free...
Fairfields Farm Launches Multi-Million-Pound Investment to Increase Capacity by 40%
Fairfields Farm, located in Wormingford, has announced a significant investment, which includes the installation of a second industrial fryer. This development is expected to enhance...
Lantmännen to Invest SEK 700 Million in Örebro Bakery Facility
Swedish agri-food group Lantmännen is making a substantial investment of approximately Skr700m ($73m) to establish a new production facility in Örebro. This initiative aims to...
Noble Foods Acquires Local Competitor Just Egg in the UK
UK-based egg supplier Noble Foods has strategically acquired domestic peer Just Egg to enhance its “added-value” product range. Noble Foods is purchasing the business from...
Post Holdings Acquires Full Ownership of 8th Avenue for $880 Million
Post Holdings is acquiring shares in fellow US manufacturer 8th Avenue Food & Provisions for $880 million, bringing ownership to full. This strategic move is...
David, the protein-bar brand, secures $75M to expand manufacturing capabilities.
US-based protein bar brand David has successfully raised $75 million in a Series A funding round aimed at scaling its food manufacturing capabilities. This funding...