The European Bank for Reconstruction and Development (EBRD) has granted $ 560,000 loan to Turkmen meat producer Taze Ay, as part of its efforts to support the private small and medium-sized enterprises in the country. EBRD, along with the ...
The European Bank for Reconstruction and Development (EBRD) has offered a loan of $2.28m to Berk group, a Turkmen brewing company, to foray into salty snacks business. The new salty business is expected to complement Berk’s beer ...
Tags: Berk, EBRD, loan, salty snacks business
There were, despite continued economic uncertainty in many Western markets and concerns over slowing growth in the East, signs that M&A activity rebounded in the food sector this year. Data for the whole of 2012 has not yet been published ...
Tags: European M&A advisors, food sector, Food
Looking behind the headlines is just-food's signature dish and this year we looked at the major stories in-depth, including the possible suitors for United Biscuits' salty snacks business; the work ahead for China's Bright Food after it ...
Tags: Agriculture Food, Just Food, Bright Food, Kraft Foods
Former TescoCEO Terry Leahy will take up the post of chairman at B&M Retail after private equity firm Clayton, Dubilier & Rice acquired a majority stake in UK discount retailer. B&M, owned by the Arora family, will continue to be managed ...
Tags: Tesco, Clayton, acquisition, discount retail
Nick Bunker, the head of Kraft Foods' businesses in the UK and Ireland, is to become CEO of United Biscuits recently-separated snacks unit. United Biscuits said today (6 August) Bunker would become chief executive of KP Snacks on 1 ...
Tags: Nick Bunker, snacks unit, Kraft Foods, United Biscuits
The week's two major stories broke within hours of each other on Wednesday - Tesco admitted it was "likely" to leave the US and Germany's Intersnack snapped up United Biscuits' salty snacks business. Elsewhere, ex-Tesco CEO Terry Leahy led ...
Tags: salty snacks, Intersnack, Hula Hoops, McCoy's, Skips, dairy, pork sector
UK-based United Biscuits has completed the separation of snacks division from the rest of the operations, as a part of its plan to sell the company in parts. To lead the snacks division, United Biscuits has appointed the current president ...
Tags: snacks division, biscuits and cakes, domestic and international markets