19 October 2023
19 October 2023
The food giant operates seven facilities in Israel, according to its 2022 annual report.
The Trolli and Black Forest brands owner has snapped up its fellow US confectioner.
“We run the plant sustainably, but nutrition is our goal” – co-founder discusses “mission” goals with Just Food.
Nestlé is planning to transfer production to two existing factories – one in Suzhou in China and another in Konolfingen in Switzerland.
FTI Consulting is seeking a buyer or restructuring for Sara Lee, sold by McCain Foods in 2021.
The news comes less than five months after the company announced its intention to close a factory in Wales.
The fruit industry has been a hive of activity of late with a number of M&A deals and mergers.
In a post on LinkedIn, Moon pointed to “a life-changing accident earlier this year, closer to death than I would have liked. It made me re-evaluate my life goals”.
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Rising urbanization coupled with the increasingly busy lifestyles of consumers have resulted in the increasing demand for RTD beverages that are easy to carry and quick to consume. Further, the pandemic has created a huge surge in demand for non-alcoholic beverages with functional benefits and value addition, including low sugar, added proteins, probiotics, and plant-based ingredients. The beverage manufacturers have been capitalizing on the trends by focusing on both value addition and convenience associated with the packaging of RTD beverages.
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