MSI Express, a Food Co-Manufacturer, Undergoes Change in Ownership
MSI Express, a leading US-based food and beverage co-manufacturer, has been acquired by Nonantum Capital Partners from HCI Equity Partners (HCI). Although the financial details...
Tag : Shelf-stable
UK Flour Supplier Whitworths Acquires Edible Oils Company KTC Edibles
UK flour miller Whitworths has finalized a strategic acquisition, agreeing to purchase local edible oils and fats supplier KTC Edibles Group. This deal, which remains...
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...
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...
German Snack Brand KoRo Secures Funding from Kharis Capital
KoRo, a Germany-based manufacturer specializing in better-for-you snacks and nut butters, has successfully secured a top-up to its Series C funding round from private-equity firm...
Gimv Takes Majority Ownership of The Spice Factory
Gimv, a prominent Belgian private-equity investor, has successfully acquired a majority stake in The Spice Factory (TSF) from Gilde Equity Management and Davy De Muyer....
Ella Mills’ Plants Acquires Allplants Assets from Administration
Plants, a health-food brand based in the UK and established by Deliciously Ella founder Ella Mills, has successfully acquired the Allplants assets following the administration...
AG Olives Acquires Stake in Greek Table Olive Producer Georgoudis
Spain’s AG Olives has strategically acquired a stake in Greek table-olive producer Georgoudis to enhance its sourcing and manufacturing capabilities. Established in 1897, Georgoudis is...
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...