Barry Callebaut wraps up acquisition of GKC Foods (Australia)

(adsbygoogle = window.adsbygoogle || []).push({}); Barry Callebaut acquisition of GKC Foods : Switzerland-based Barry Callebaut Group has wrapped up its previously announced acquisition of GKC Foods (Australia), a producer of chocolate, coatings and fillings, that caters to various consumer chocolate brands in Australia and New Zealand. Financial More...

by businessnewstoday | Published 1 week ago
By Soujanya Ravi On Saturday, June 27th, 2020
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Foodtech company Tovala raises $20m in Series B round for smart ovens

Tovala, a Chicago-based foodtech company, has raised $20 million in a Series B funding round led by Finistere Ventures, a venture capital firm focused on making investments in the agrifood sector. The Chicago-based More...

By Soujanya Ravi On Saturday, June 27th, 2020
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Smucker’s to roll out Jif peanut butter product in easy-to-squeeze pouch

Peanut butter brand Jif, which is owned by The J.M. Smucker Company (Smucker’s), will roll out its latest product – Jif Squeeze Creamy Peanut Butter to US retailers starting in July. Jif’s peanut More...

By businessnewstoday On Saturday, June 27th, 2020
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Borden Dairy to be sold to Capitol Peak Partners and KKR for $340m

Borden Dairy, a US dairy processor, has been approved to be sold to Capitol Peak Partners and KKR for about $340 million through a court-supervised sale process. The Texas-based dairy company will come out of bankruptcy More...

By businessnewstoday On Friday, June 19th, 2020
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Hostess Brands rolls out Strawberry Cheesecake flavored Donettes and Cream Cheese Coffee Cakes

US bakery company Hostess Brands has rolled out a couple of new breakfast products – Strawberry Cheesecake flavored Donettes and Cream Cheese Coffee Cakes across grocery stores in the US. In addition to the More...

By businessnewstoday On Tuesday, June 16th, 2020
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Orkla Foods to sell potato flatbread brand Vestlandslefsa to Baxt Lierne

Norwegian conglomerate Orkla said that its subsidiary Orkla Foods Norge has agreed to sell its potato flatbread brand Vestlandslefsa to Skagerrak-Holding and its subsidiary Baxt Lierne for an undisclosed price. Orkla More...

By businessnewstoday On Monday, June 15th, 2020
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Unilever to sell Chilean ice cream business to Carozzi

Consumer goods manufacturer Unilever has agreed to sell its Chilean ice cream business to Carozzi, a local food product manufacturer, for an undisclosed price. The sale includes Chilean ice cream brands Bresler More...

By businessnewstoday On Saturday, June 13th, 2020
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Beyond Meat, Zandbergen open co-manufacturing plant in Zoeterwoude

Beyond Meat, a US-based plant-based meat producer, has officially opened a co-manufacturing plant with Dutch meat company Zandbergen World’s Finest Meat in Zoeterwoude, the Netherlands. The Zoeterwoude plant marks More...

By businessnewstoday On Saturday, June 6th, 2020
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Collier Creek to acquire US salty snacks manufacturer Utz Quality Foods

Utz Quality Foods, a Pennsylvania-based salty snacks manufacturer has agreed to be acquired by Collier Creek, a special purpose acquisition company, to combine and form Utz Brands, a pure-play snack food platform More...

By businessnewstoday On Monday, May 25th, 2020
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Fresh Del Monte Produce begins operations at fresh cut plant in Yokohama

Fresh Del Monte Produce said that its subsidiary Fresh Del Monte Japan began operations at its newly completed $19 million fresh cut plant in Yokohama, Japan. The new fresh cut plant in Yokohama is said to have More...