JBS Launches $200M Investment to Boost Beef Production in the US
Brazilian meat giant JBS has unveiled a $200 million investment plan designed to enhance beef production at its facilities in Texas and Colorado. The investment...
Tag : investment
Bakkavor Faces Ethical Trading Allegations Amid Ongoing Strike
ETI, an alliance of trade unions, NGOs, and businesses—including all leading UK supermarkets—works to “promote practical solutions to end the abuse of human rights at...
Fever-Tree Sells Stake Worth £71 Million to Molson Coors
The recent sale of an 8.5% shareholding in Fever-Tree signifies a strategic alignment between Fever-Tree and Molson Coors. Under this partnership, Molson Coors will take...
Drip Water Secures £4 Million Investment to Expand into the Middle East
Raya Holdings, spearheaded by His Highness Sheikh Mohammed Bin Sultan Bin Khalifa Al Nahyan, has made a significant investment in Drip Water, elevating the company’s...
Kellanova Increases Investment in Brazilian Production Facility
Kellanova, the U.S. snacks and cereals business acquired by Mars last year, is significantly increasing its investment in its Brazilian production plant. The company has...
Mowi Increases Ownership in Competitor Nova Sea to 95%
Norwegian salmon farming leader Mowi is set to acquire Vigner Olaisen’s 46% stake in local competitor Nova Sea for Nkr7.4bn ($655m). This acquisition will effectively...
Tate & Lyle to Secure $588 Million via Debt Offering
On 24 January, Tate & Lyle announced its plans to make notes valued at $300 million and €275 million (approximately £288 million) available in the...
Nestlé Allocates $1 Billion for Expansion of Production in Mexico
Nestlé has announced a significant investment package of $1 billion to enhance its operations in Mexico over the next two years. The Swiss food manufacturing...
Tiger Brands to Divest $240 Million Stake in Empresas Carozzi
South African food group Tiger Brands plans to sell its minority stake in Chile-based Empresas Carozzi for $240 million. Carozzi, which is already a subsidiary,...
Roc Partners Set to Acquire Fresh Produce Firm Freshmax Group
Investment manager Roc Partners has agreed to acquire Australian fresh produce maker Freshmax Group, ensuring its “long-term growth.” Previously, Freshmax was owned by a diverse...