Borealis Foods warns about future sustainability
The future viability of Canada-based ramen noodles supplier Borealis Foods is in jeopardy unless the company secures new funds, as reported in a filing with...
Tag : Shelf-stable
Prinsen Berning, a sports-nutrition group, secures new funding
Prinsen Berning, a sports-nutrition group, has recently secured a “long-term” financing agreement with Eurazeo, a European investment group. The financial details of this agreement have...
Purchase the GoodWheat product line for Quality Food
Above Food Corp. is acquiring the better-for-you wheat products brand GoodWheat from Arcadia Biosciences, a move signaling a shift in the food and beverage industry...
Encouragement for the Food Industry to Embrace Plant-Based Options
In today’s rapidly changing food and beverage industry landscape, it is crucial for European food manufacturers to actively engage with consumers. This engagement not only...
Bolthouse Farms divides into two separate businesses, one focusing on food and the other on drinks
The private-equity owners of Bolthouse Farms have restructured the US business into two separate companies to drive accelerated growth. Butterfly Equity, which acquired California-based Bolthouse...
Australia Investigating for Possible Contamination of Everest and MDH Indian Spices
Australia’s national food standards agency is currently investigating the potential contamination of spices produced by Indian brands Everest and MDH. The Food Standards Australia New...
Ventura Foods, a US foodservice supplier, to acquire fellow company DYMA Brands
Ventura Foods, a California-based manufacturer, has announced the acquisition of DYMA Brands, a fellow US foodservice supplier, for an undisclosed sum. This strategic move will...
German government calls for further recipe adjustments to reduce sugar, fat, and salt in processed food and drinks
Germany’s Federal Ministry of Food and Agriculture (BMEL) recently revealed new data showing that levels of fats, sugars, and salt in some processed food and...
Interoliva, a local olives producer, acquired by Spain’s Grupo Alimentario IAN
Grupo Alimentario IAN, a Spanish canned vegetables and ready meals maker acquired Interoliva, a local prepared olives processor. The deal amount remains undisclosed. Grupo Alimentario...
Private equity owner of Chosen Foods considering selling US group
The owner of US-based avocado products maker Chosen Foods is reportedly considering selling the business for over $600m. Los Angeles-based private-equity firm Butterfly Equity, which...