Food and Beverage Business

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General News

Unilever Sells Colman’s to Address Competition Concerns in the Mustard Market

FABBMagazine
Unilever, the London-headquartered multinational, agreed in March to sell its long-established food division to US-based McCormick for £33 billion. The company is reportedly preparing to...
General News

Bakery Deal Preserves Jobs at State Fair

FAB Team
State Fayre Ltd, which took over the bakery located on Middleton Road in Crumpsall back in 2017, has recently entered creditors’ voluntary liquidation earlier this...
General News

Bernard Matthews Turkey Facility Set to Shut Down

FAB Team
The Bernard Matthews facility situated on Shaftesbury Street in Derby is set to close by the end of 2026. This announcement comes on the heels...
General News

Loch Lomond Brewery Launches Crowdfunding Campaign to Raise £250,000 in Investment.

FAB Team
Established in 2011 by Fiona and Euan MacEachern, Loch Lomond Brewery has rapidly ascended to become one of Scotland’s leading independent breweries. Their operational base...
General News

Diageo Finalizes Sale of Sheridan’s Coffee-Cream Liqueur Brand to Casa Redondo.

FAB Team
Diageo has completed the sale of another spirits brand, finalizing the transfer of Sheridan’s. This strategic move reflects the company’s focus on optimizing its portfolio...
General News

CMA Approves ABF and Hovis’s Request to Move Directly to Phase 2 of Merger Investigation

FAB Team
The CMA has accepted the joint request following an unexpected trading update from ABF. This update has resulted in a downward revision of their anticipated...
General News

AB InBev Repurchases 49.9% Stake in US Metal Container Facilities for $3 Billion

FAB Team
The AB InBev metal container plant operations encompass seven facilities across six US states, establishing them as a “strategic component” of the business. This strategic...
General News

Coca-Cola Appoints Henrique Braun as New CEO, Starting March 2026.

FAB Team
Effective March 31, 2025, Henrique Braun will transition from executive vice president (EVP) and chief operating officer (COO) to chief executive officer (CEO) of Coca-Cola....