Monogram Foods receives investor backing to pursue further M&A
Two investment firms have put cash into Monogram Foods, which will see its founders remain shareholders.
Foodservice strategy
Orkla dishes up more M&A with move for pizza chain New York Pizza
The Nordic FMCG group has added to its foodservice business, investing in the Dutch pizza chain.
Can dark kitchens deliver for food manufacturers?
Covid has sped up the delivery-only, or ‘dark kitchen’, part of the foodservice sector.
Kraft Heinz to buy Turkey sauces firm Assan Foods
The US giant has snapped up one of its co-manufacturers.
Airline caterer SATS takes controlling interest in Thailand’s Food City Co.
SATS in Singapore plans to take a majority stake in a Thai sauces and curry pastes maker.
US manufacturer Monogram Food Solutions to add to production
US manufacturer Monogram Food Solutions is investing in its production footprint through a new site in the east of the country. The private-label and co-manufacturing business is setting up a facility…
France’s Fleury Michon in talks to sell Canada subsidiary
France-based food manufacturer Fleury Michon is in talks over the potential sale of its subsidiary in Canada. In a stock-exchange filing, the company said it is in "exclusive negotiations" to…
Haystack Mountain Creamery bought by PE firm The Stage Fund
Haystack Mountain Creamery, a US-based cow and goat's cheese producer, has been bought by private-equity firm The Stage Fund for an undisclosed sum. Located in Longmont, Colorado, Haystack Mountain Creamery…
Fresh produce supplier Greenfood Group to build new plant in Sweden
Investor-backed Greenfood Group in Sweden, a manufacturer of fresh fruit and vegetables, sandwiches and wraps, is building a new production facility and logistics centre to support its growth in Europe. The…
Fonterra shares suspended ahead of capital structure proposals
Fonterra has suspended its shares across multiple trading platforms ahead of an announcement of proposed changes to the dairy giant's capital structure. The suspension by the world's largest dairy cooperative…
Plant-based firm Tattooed Chef to acquire Foods of New Mexico
Tattooed Chef, a plant-based food business in California, has entered an agreement to buy two local firms trading as Foods of New Mexico for US$35m. The deal comprises New Mexico…
