The company confirmed that the long-anticipated separation of its Ice Cream division remains on track for the fourth quarter of 2025, with the new entity to be named The Magnum Ice Cream Company Unilever has reported a steady start to 2025, posting 3 per cent underlying sales growth in the[Read More…]
Finance
Baldor Specialty Foods acquires premium meat company Golden Packing
This venture will enable Baldor to provide an increased selection of center-of-plate proteins to its 14,000+ customer base Baldor Speciality Foods announced that it has acquired premium meat company Golden Packing to enhance its meat offerings. Baldor, the leading premium food distributor in the Northeast and Mid-Atlantic region, will take over[Read More…]
Lactalis reports solid growth in 2024 amid global challenges
The group invested heavily in its future, allocating over €1 billion towards enhancing its manufacturing capabilities and reducing its environmental footprint Lactalis, the world’s largest dairy group, has announced strong financial and operational results for 2024, reaffirming its resilience and leadership in a volatile global environment. The group posted revenues[Read More…]
The Alkaline Water Company finalises strategic equipment acquisition
Company strengthens its manufacturing capabilities and looks to reduce production costs and improve margins The Alkaline Water Company, a leader in the beverage industry known for its purified alkaline water, enhanced with Himalayan rock salt, announced the finalisation of its previously announced equipment acquisition with FZA Note Buyers LLC, a Florida limited[Read More…]
Australia’s Woolworths Group to acquire Beak & Johnston
The New Zealand Commerce Commission (NZCC) is also considering a clearance application from Woolworths for its proposed acquisition of B&J The ACCC will not oppose Woolworths Group Limited’s proposed acquisition of Beak & Johnston Holdings Pty Ltd (B&J). Woolworths currently holds a minority 23 per cent interest in B&J City[Read More…]
Mondelēz International invests 65Mn Swiss Francs in Toblerone facility in Switzerland
A state-of-the-art production line is scheduled to go into operation in autumn 2025 Mondelēz International has announced a significant investment of 65 million Swiss francs in its Toblerone manufacturing facility in Switzerland. With this investment, the company is creating a global center of excellence for Toblerone in Bern (Switzerland), from[Read More…]
Clasado announces divestment of Bimuno supplement range to ELEAT
This strategic move enables Clasado to focus exclusively on its core B2B prebiotic ingredients business Clasado Biosciences (Clasado), a global leader in the development of scientifically proven prebiotic ingredients and product solutions for the gut microbiome, has announced that its Bimuno consumer supplement range has been acquired by ELEAT, a challenger[Read More…]
EIB supports plant protein factory in Sweden
The first of its kind in Sweden, the factory will have an annual processing capacity of over 40,000 tonnes of peas grown by Lantmännen cooperative members The European Investment Bank (EIB) has granted a €50 million loan to Lantmännen to co-finance the construction of a new pea protein isolate factory in[Read More…]
Azelis acquires Solchem Nature S.L
The acquisition aligns with Azelis’s strategy as it focuses on a targeted business that supports growing its market share in Spain Azelis, the reference innovation service provider in the speciality chemicals and food ingredients industry, announced that it has acquired 100 per cent of the shares of Solchem Nature S.L. (Solchem),[Read More…]
Castillo Hermanos to acquire Harvest Hill Beverage Company
Centerview Capital invests as a strategic partner, helping build U.S. beverage business Castillo Hermanos, a diversified multinational business group, announced it has entered into a definitive agreement with Brynwood Partners to acquire Harvest Hill Beverage Company, a leading beverage products player in the United States, with brands such as SunnyD, Juicy[Read More…]
