US-based infant formula manufacturer Mead Johnson has agreed to acquire spray drying and finishing capabilities from Australian food group Bega Cheese for A$200m. The deal includes one of Bega Cheese's spray dryers at Tatura and an infant ...
Tags: Cheese, infant formula
ABP Food Group has been selected by the European Institute of Innovation and Technology (EIT) to lead a European consortium in a food research project. The research is said to be initiated to tackle the several challenges faced by the ...
Tags: ABP Food, food supply chain
Hilton Food Group has entered into an agreement with Sonae Modelo Continente to form a 50/50 joint venture for the supply of packaged meat products to Sonae stores in Portugal. The joint venture will supply a range of packaged beef, lamb, ...
Tags: Hilton, Meat Products
Food packing firm Hilton Food has entered into a joint venture (JV) with Portugese retailer Sonae Modelo Continente to supply its stores with a range of packaged beef, lamb, veal and pork products. As per terms of the deal, Hilton will ...
Tags: Hilton Food, Portuguese Market
The Saudi Public Investment Fund (PIF) has announced plans to buy 50% stake in Adeptio Group’s, which controls the Kuwait Food Company (Americana). However, financial details of the transaction were not disclosed. Saudi Arabia's ...
Tags: Kuwait Food, Food
St Merryn Foods, a subsidiary of The 2 Sisters Food Group, is mulling to shut down its retail packing operations at its Merthyr Tydfil meat processing site in the UK. The closure is expected to affect around 350 out of a total workforce ...
Tags: 2 Sisters, St Merryn Foods
Performance Food has announced that more than 92% of the imported and domestic farm-raised seafood volume in PFG brands is certified sustainable by the Global Aquaculture Alliance. In addition, more than 97% of the fresh and frozen, ...
Tags: Performance Food, seafood
US-based cereal maker Kellogg has entered into an agreement to acquire Ritmo Investimentos, a controlling shareholder of Brazilian food group Parati Group. The purchase price of the acquisition is about $429m and it will be an all-cash ...
Tags: Kellogg, emerging markets
The European Commission (EC) has approved the joint acquisition of Slaney Foods JV and Slaney Proteins by ABP Group and Fane Valley. The proposal for acquisition of the stake has been cleared unconditionally by Europe’s competition ...
Tags: EC, joint acquisition, ABP, Fane Valley
Turkey producer Bernard Matthews and ITV Studios Global Entertainment (ITVS GE) have struck a deal to create the latter’s first licensed frozen turkey products in the UK under the Thunderbirds Are Go brand. Set to be launched at ...
Tags: Bernard Matthews, ITVS GE, agreement
South Africa-based Rhodes Food Group has announced plans to acquire domestic food producer Pakco for R200m ($14.5m), as part of its expansion strategy. Pakco owns popular brands, including the iconic Bisto brand, Hinds, Buffalo, Southern ...
Tags: Rhodes Food Group, Pakco, acquisition
Performance Food Group Company (PFG) announced that Tom Ondrof will join PFG as executive vice president and chief financial officer, effective from 1 October Ondrof will lead PFG’s corporate finance department and oversee ...
Tags: PFG, Tom Ondrof, executive vice president and chief financial officer
UK fish products supplier Icelandic Seachill has confirmed that it will close a deli plant in Grimsby, resulting in 86 job losses. The move was taken after losing a contract with Marks and Spencer. The company plans to stop production ...
Swiss food group Orior has announced that it will acquire the Culinor Food Group to strengthen its presence in the European market. Operating out of Benelux, Culinor is a major producer of ready-made meals and meal components serving ...
Tags: Orior, Culinor Food Group, expand
The Retail Food Group (RFG) has confirmed it is not currently engaged in any discussions to acquire Eagle Boys Pizza after its head office entered into voluntary administration late last week. SV Partners were appointed as the ...
Tags: Pizza, Retail Food Group, Eagle Boys Brand