Kiwi Foodservice Supplier Libelle Group Faces Closure
New Zealand-based foodservice supplier Libelle Group has entered liquidation. Robert Campbell and David Webb of Deloitte New Zealand are now appointed as liquidators for the...
Tag : Refrigerated
Brazil to Eliminate Import Taxes on Essential Food Products
Brazil’s government has decided to eliminate import taxes on essential food products to help reduce prices. The list of exempted products includes coffee, olive oil,...
Hungary to Limit Profit Margins on Food Products
Starting mid-March and continuing through the end of May, Hungary will implement restrictions on profit margins for 30 specific food items. Prime Minister Viktor Orbán...
USDA Shuts Down Two Food Safety Committees
In accordance with President Trump’s directive to streamline federal operations and cut costs, the US Department of Agriculture has officially disbanded two vital food safety...
Kettle & Fire Secures Investment from Colter Ventures
US bone-broth supplier Kettle & Fire has secured $43m in a secondary buyout led by Colter Ventures. In a statement, Kettle & Fire confirmed that...
ITC India Secures Deal for Prasuma
Indian conglomerate ITC has announced its strategic acquisition of Prasuma, aiming to strengthen its presence in the frozen, chilled, and ready-to-cook food manufacturing sectors. In...
FDA Suggests New Front-of-Package Nutrition Labels for Packaged Foods
The US Food and Drug Administration (FDA) has introduced a proposal to require a front-of-pack nutrition label for most packaged foods. This initiative aims to...
“What’s Cooking? Finalizes Sale of Savoury Business Unit”
In a strategic move, Belgian food manufacturer What’s Cooking? has divested its cold cuts business unit, Savoury, to German investment group Aurelius. The company disclosed...
Salmon Excels Amid Decline in UK Food and Drink Exports Due to Alcohol Slump
A decline in whisky shipments has negatively impacted the UK’s food and drink exports during the first nine months of the year, according to industry...
Agrial Appoints Julien Heillaut as Its New CEO
French food and beverage powerhouse Agrial has announced the promotion of Julien Heillaut to the position of CEO, effective July 1. Heillaut succeeds Ludovic Spiers,...