Freedom Foods has reported a Net profit of $55.2 million for the first half of the 2015 financial year. However, the Net Profit figure was boosted by the inclusion of a post-tax fair value gain of $52.2 million from the gain on ...
Tags: Freedom Foods, Agriculture
Quintessential Brands has acquired French spirits producer Lafragette & Legier (L&L) from French American Vintners. The acquisition marks an important step in the company's growth as an international drinks business. This ...
Tags: spirits, Quintessential Brands
SunOpta has signed a definitive agreement to acquire Citrusource, a move that will expand the company's healthy beverages range. The acquisition is in line with the company's core integrated two-touch strategy and leverages the vertically ...
Tags: SunOpta, Organic Juice
Flavors producer McCormick has agreed to acquire 100% of Italy-based spice producer Drogheria & Alimentari (D&A) for around €85m (($97m). The company has signed an agreement to this effect which is expected to be closed in May ...
ASIA APPAREL EXPO to be held at Messe Berlin,from 15-17 February 2015,will bring together over 250 experienced suppliers from the world's largest clothing producing countries and regions,including Bangladesh,China, Hong Kong,India ...
Tags: Footprints
Ronnoco Coffee, the portfolio company of Huron Capital Partners, has acquired US Roasterie, a private label manufacturer of coffee. This forms a part of the company's strategy to grow in terms of geographic presence and market share. ...
Tags: Ronnoco Coffee, Roasterie
For the first fiscal quarter ended December 27, 2014, net loss climbed to $4.2 million or $0.53 per diluted share from a net loss for the prior year quarter of $1.6 million or $0.20 per share at Delta Apparel. “While lower sales ...
Tags: Delta Apparel, apparel marketer
France-based rice producer Marbour has agreed to acquire 100% stake in Canadian establishment MRRM. Both the companies have entered into a definitive agreement to this effect. MRRM mills, bags, packages, cans, processes, and sells ...
Tags: rice, Marbour, MRRM mills
Consumer confidence in Australia is fuelling the rise of ‘savvy shopping’, according to findings from market research organisation Nielsen. Nielsen said Australian consumers were optimistic about their buying habits over the ...
St. Louis-based Post Holdings has posted results for the first quarter of 2015, recording net sales of $1,073.9m, an increase by 261.6%, compared to the previous year. Gross profit of the company increased $134.6m to $249.1m for the first ...
Tags: Post Holdings, potato products
Healthy lifestyles, “clean” ingredients, at-home gourmands, value consciousness and e-commerce speciality products are set to be key food and drink trends for 2015, according to market research organisation Mintel. It’s ...
Tags: Key Trends, Food, Drinks
The huge meat market in the US is projected to grow steadily over the next years, driven by the increasing popularity of private label and frozen meat products. However, new brands must establish themselves as being trustworthy and ...
Tags: Meat Market, meat products
The Asia Apparel expo, the sourcing tradeshow for apparel production and the only business event in Europe exclusively for Asian clothing manufacturers and fabric suppliers to connect with European brands, will open its fourth edition of ...
Tags: clothing, fabric, Asia Apparel Expo
Crocs Inc. announced its Gregg Ribatt will start working as its new CEO Jan. 28 and that Jason Giordano, managing director of Blackstone's Private Equity Group, has joined its board of directors. Ribatt, who was named at Crocs newest CEO ...
Tags: footwear, apparel, Sporting Goods
Melbourne-based confectionery company Betta Foods has entered into administration, in an attempt to save the business by selling it. Established in 1954, Betta Foods produces liquorice and marshmallow products under the Capricorn and ...