Duke Food Productions has acquired a new 110,000ft2 manufacturing facility in Texas, marking its first expansion outside its home state of South Carolina. Over the next five years, the food manufacturer expects to invest $10m in the plant ...
Tags: Duke, expansion, investment
British grocery chain Tesco has announced that it will offload its Euphorium bakery chain to refocus on core supermarket business. The move is in line with a strategy initiated by its chief executive Dave Lewis to revive the ...
Tags: Tesco, Euphorium bakery chain
Paul Leibinger, a German company that provides integrated solutions for industrial marking technology and the printing industry, has developed new short printhead for JET3up inkjet coding machines. The Elbow printhead has been designed to ...
UK-based potato crisps producer Tyrrells has announced plans to expand its brand in the Australian and Asia-Pacific markets. The investment comes less than a year after the company acquired Australian snack foods maker Yarra Valley Snack ...
Australian food manufacturing firm Patties Foods has accepted a $232m acquisition bid made by a private equity firm. Earlier this week, the company said it was approached by Pacific Equity Partners (PEP) with a takeover offer of $1.65 per ...
US-based food manufacturer Hormel Foods has entered into a definitive agreement to acquire Justin’s, a nut butter-based snacking brand for $286m. Justin's four nut butter-based snack lines include spreads, squeeze packs, peanut ...
Tags: Snacking Brand, Hormel Foods
UK-based snacks manufacturer Tyrrells Potato Crisps has acquired German organic food manufacturer Aroma Snacks for an undisclosed sum. The deal marks Tyrrells' second acquisition in nine months after the purchase of Yarra Valley Snack ...
Tags: Aroma Snacks, Potato Crisps
UK-based food manufacturer Premier Foods has rejected a bid offer worth a £495m from US-based food giant McCormick. The company has rejected the offer saying that the offer from McCormick significantly undervalued Premier Foods ...
Tags: Premier Foods, McCormick, Bid Offer
Brazilian food manufacturer BRF has completed the acquisition of UK based food company, Universal Meats for £34m. This deal will enable BRF to expand in local markets in the UK. The negotiations for the takeover began in December ...
Tags: Universal Meats, UK markets
Swiss food company Nestle is planning to acquire the remaining stake of 36.3% in Israel-based food manufacturer Osem for $840m. Nestle had originally invested in Osem around two decades ago, when it had taken 63.7% stake in the company, ...
The United Nations have declared 2016 to be the Year of Pulses or as Australians refer to them, legumes. Australia is amongst 40 countries participating in the initiative which will launch globally on 6 January 2016. Australia’s ...
2 Sisters Food Group plans to invest £150m into its poultry unit, an announcement that comes a few days after the Birmingham-based company stated that it intends to invest £55m into its ready meals business. The investment ...
Tags: Poultry Business, poultry unit
Bunge North America, the North American operating arm of Bunge Limited, has acquired Whole Harvest Foods, a refiner and packager of expeller pressed commercial cooking oil. Whole Harvest Foods products, which including frying oils, pan ...
Tags: Bunge, frying oils, cottonseed, soy oils
UK-based food manufacturer Premier Foods has recalled thousands of its Bisto gravy products from supermarkets across the country over concerns that the tubs may be contaminated with metal shards. The food company has recalled 50,000 ...
Tags: Bisto gravy products, metal shards, tubs
Food manufacturer Cargill is planning to introduce SonoSteam technology in its main chicken processing facility in the UK, as part of the farm-to-fork strategy to tackle campylobacter. SonoSteam is an innovative technology developed by ...