Flowers “begun Koffee Kup Bakery takeover talks in April”
The acquisition by the US giant has frustrated a rival that thought it was set to buy the closed Vermont baker.
News
Is the consumer sector seeing the start of an AI investment boom?
M&A and investment linked to AI has been buoyant in recent years, as have job...
Haribo invests in UK confectionery plant
Germany-headquartered Haribo has revealed plans for investment in the UK.
India ice-cream maker Walko gets investment
The owner of the NIC ice-cream brand believes backing will help it grow market share.
Greenyard sells prepared foods division in Netherlands to European investors
The Belgium-based veg business has sold its prepared foods division to an investor group.
Kraft Heinz to buy Turkey sauces firm Assan Foods
Kraft Heinz has acquired Assan Foods, a Turkey-based condiments supplier that has been one of the US giant’s co-manufacturers. Assan Foods, set up in 1998, has worked with Kraft Heinz…
Swedish unfair trading law to “strengthen competition”, food manufacturers argue
The body representing food manufacturers in Sweden has welcomed a decision by the country’s parliament to introduce a law governing unfair trading practices in the supply chain. Riksdag members delivered…
Sweden’s Humble Group continues M&A push
Sweden’s Humble Group has announced yet another acquisition, striking a deal to buy local confectioner Wellibites. Humble, which has snapped up a number of businesses offering reduced-sugar foods in the…
Cherkizovo to invest in new pork and poultry plants in Russia
Cherkizovo plans to invest RUB80bn (US$1.1bn) to expand its domestic manufacturing network as Russia’s largest meat company seeks to increase production over the next two to three years. Agreements were…
Oatly takes UK’s Glebe Farm Foods to court in PureOaty trademark dispute
Oatly, the oat-based dairy-alternative business headquartered in Sweden, has taken legal action against the UK's Glebe Farm Foods over an alleged trademark infringement. Investor and celebrity-backed Oatly, which went public…
UK cell-based meat firm Ivy Farm targets second round of funding
Ivy Farm Technologies, a UK cell-based meat business, is targeting a second round of funding before the end of this year to help it scale up the production of meat…
