Close of Campbell Soup’s Sovos Brands acquisition delayed by antitrust review
Campbell Soup now expects the transaction to close in mid-2024 instead of this year.
24 October 2023
24 October 2023
Campbell Soup now expects the transaction to close in mid-2024 instead of this year.
The new brand launch is part of a "major strategic reset", the company said.
Spain’s Flor de Doñana, AG Group in Morocco and Portugal-based Solana Fruits have all been snapped up.
Hepponstall resigned from High Liner Foods in August after more than five years as its CEO.
Vita's products include the Virginia brand Vidalia Onion Vinaigrette.
The French group has been looking to sell the factory since March.
The company is planning to close its convenience foods plant in Großostheim, putting 220 jobs at risk.
About 700,000 metric tonnes of grain have been exported through the Black Sea export corridor since it began operating in August.
There are well established use cases for robotics within the consumer goods and packaging industries. Both sectors have used caged industrial robots, industrial cobots, and logistics robots to automate production lines and logistics operations for some time now. Robotics do not fit as easily into the foodservice business model. Robots improve profitability in the long term but have high up-front costs, so investing in robotics is not without risks.
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