US investment fund acquires Australian poultry grower ProTen
US investment firm KKR is acquiring ProTen, one of Australia's leading broiler chicken growers, from Aware Super. The deal, which is part of KKR’s...
Del Monte Foods files for bankruptcy after debt restructuring challenges
Del Monte Foods, a leading canned fruit producer, has filed for bankruptcy following a difficult year marked by financial restructuring issues. The company initiated...
Arla makes €59.4m investment to expand cream cheese capacities
Arla Foods is investing €59.4m in expanding the cream cheese capacity in Holstebro Dairy, Denmark to address global cream cheese growth.
Arla Foods already has...
Sofina Foods expands footprint with acquisition of Finnebrogue
Sofina Foods has strengthened its market position by acquiring Finnebrogue, a family-owned food manufacturing company based in Northern Ireland.
Founded in 1991, Finnebrogue employs approximately...
Latin America and Caribbean focus on sustainable aquaculture development
A recent workshop organised by the Food and Agriculture Organization (FAO) in collaboration with the European Union saw 50 aquaculture and fisheries experts from...
Campari Group sells Cinzano vermouth and sparkling wines to Caffo Group...
Campari Group has reached an agreement to sell Cinzano vermouth and sparkling wines to the private Italian spirits company Caffo Group 1915, the owner...
Innovate UK’s new funding propels agri-tech and food-tech in Wales
A new funding initiative from Innovate UK is helping agri-tech and food-tech businesses in Mid and North Wales tackle industry challenges. Thirteen companies have...
Hydrite revamps food ingredient solutions to drive innovation
Hydrite® is reimagining its approach to food ingredients, aiming to better serve the evolving needs of food manufacturers. The updated program focuses on providing...
Hardeman Egg Group makes acquisition to create fully integrated leader in...
The Hardeman Egg Group has acquired Bumble Hole Foods to form a fully integrated leader in the UK egg products market.
This strategic move represents...
Diageo India to acquire NAO Spirits
Diageo India (United Spirits Limited) has taken a majority controlling stake in NAO Spirits for $15.2m, with NAO Spirits becoming a subsidiary of the...
