Nestlé to sell US ice cream business to Froneri for $4bn

(adsbygoogle = window.adsbygoogle || []).push({}); Nestlé has agreed to sell its US ice cream business to Froneri, its ice cream manufacturing joint venture with PAI Partners, for $4 billion, as per the latest food acquisition news. The ice cream business being divested by Nestlé in the US manufactures ice cream brands such as Häagen-Dazs, More...

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By businessnewstoday On Tuesday, December 3rd, 2019
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PepsiCo to acquire PopCorners snacks owner BFY Brands

PepsiCo acquisition of BFY Brands : Soft drinks and snacks giant PepsiCo has agreed to acquire BFY Brands, the owner of PopCorners snacks for an undisclosed price as per the latest food acquisition news. BFY Brands, More...

By businessnewstoday On Friday, November 22nd, 2019
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Lamb Weston rolls out Waffled Hash Browns in US

Lamb Weston, a US potato processing company, has launched Waffled Hash Browns, which is now available to foodservice operators. Waffled Hash Browns is said to be inspired by Belgian-style waffles. The new savory More...

By businessnewstoday On Thursday, November 21st, 2019
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Cal-Maine Foods acquires Mahard Egg Farm assets

US fresh egg producer Cal-Maine Foods has wrapped up its previously announced acquisition of certain assets of Mahard Egg Farm, pertaining to the latter’s commercial shell egg production, processing, distribution More...

By businessnewstoday On Tuesday, November 19th, 2019
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Confectionery giant Ferrero opens new distribution center in Jonestown

Global confectionery company Ferrero has inaugurated its new distribution center in Jonestown, Pennsylvania to support its organic growth and integration of new brands. The 730,000 square-foot facility, which is More...

By businessnewstoday On Friday, November 15th, 2019
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Avansya fermentation facility begins EverSweet stevia sweetener production

The Netherlands-based Avansya has started production at its new $50 million fermentation facility in Blair, Nebraska of EverSweet – a non-artificial, zero-calorie stevia sweetener. The Avansya fermentation facility More...

By businessnewstoday On Monday, November 11th, 2019
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Givaudan to acquire New Jersey-based Ungerer

Givaudan acquisition of Ungerer : Givaudan has agreed to acquire Ungerer & Company, a US-based flavour, fragrance, and specialty ingredients company, for an undisclosed price. Ungerer, which is headquartered More...

By businessnewstoday On Thursday, October 31st, 2019
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BRF to build $120m chicken processing plant in Saudi Arabia

BRF is set to invest about $120 million in a new chicken processing plant in Saudi Arabia in a move to expand and strengthen its footprint in the Saudi market, as per the latest meat processing news. In this connection, More...

By businessnewstoday On Friday, October 25th, 2019
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Arla Foods opens cheese production plant in Manama, Bahrain

Danish dairy company Arla Foods has opened a cheese production plant in Manama, Bahrain to address the growing demands for dairy in the Middle East and North Africa (MENA) region, according to the latest dairy industry More...

By businessnewstoday On Friday, October 18th, 2019
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Campbell Soup wraps up sale of European chips business to Valeo Foods

Campbell Soup Company has wrapped up the previously announced £66 million sale of its European chips business to Valeo Foods, an Irish food company backed by CapVest Partners. The transaction was announced in September More...