J.M. Smucker to close Indianapolis manufacturing facility
The J.M. Smucker Co. has announced plans to close its Indianapolis manufacturing facility, which manufactures products from the company's Hostess brand, and consolidate operations...
General Mills begins $130 million global restructuring
General Mills is launching a multi-year global restructuring effort expected to cost $130 million by 2028, with the bulk of the financial impact hitting...
Artisanal gelato and pastry ingredients company, Casa Optima to be sold...
Charterhouse Capital Partners has entered into an agreement to sell Casa Optima, a global player in the artisanal gelato and pastry ingredients market, to...
Craft beer crisis as 43 UK breweries collapse in a year
43 UK breweries have become insolvent in the last year, says national accountancy group UHY Hacker Young, many of which are small, independent craft...
Aarti Sweet Centre gobbles up Sangam Paneer
Aarti Sweet Centre has acquired Sangam Paneer, a manufacturer of paneer, supported by a seven-figure funding package from HSBC UK.
The acquisition will allow Aarti...
Loch Lomond Group acquires The New York Distilling Company
Loch Lomond Group (LLG) has acquired The New York Distilling Company (NYDC) based in Brooklyn, with a view to further investing in the distillation,...
Kraft Heinz signals shakeup as profits lag
Kraft Heinz is exploring a portfolio overhaul as it responds to declining performance in its core markets. While the company has yet to confirm...
Cranswick acquires sausage manufacturer
Blakemans, the manufacturers of sausages for the foodservice industry, has been sold to Yorkshire food producer Cranswick.
Headquartered in Staffordshire, Blakemans is a family business...
Two hundred year old brewing company turns to solar to power...
Independent Yorkshire brewery, T&R Theakston has received funding from North Yorkshire Council for the installation of solar panels to provide energy to the near...
Delhi launches food and tech incubation drive to support startups
The Delhi government is investing in new infrastructure to support food and technology-based startups, aiming to strengthen the state's entrepreneurial ecosystem. Two new food...