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...
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...
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...
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...
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...
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...
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...
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...
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...
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...