News
Livekindly Collective buys German plant-based peer Greenforce
2+ hour, 29+ min ago (350+ words) In a statement, US-based Livekindly said the deal would help it "consolidate its position as one of the leading international players in the plant-based nutrition segment. Livekindly CEO David Suarez said: "The integration of Greenforce is another important step in…...
UK dog-food firm Years eyes Europe after PE backing
1+ day, 2+ hour ago (430+ words) The Nottingham-based business is also looking to build its presence in bricks-and-mortar retail. UK business Years, which sells fresh and "minimally processed" food for dogs, is looking across the English Channel after securing investment. Equity investor Verlinvest and VC firm…...
Fini backs PE takeover of US candy firm Yum Earth
1+ day, 3+ hour ago (311+ words) Fini has acquired an unspecified stake in Yum Earth, which markets organic confectionery in the US. Private-equity firm Acon Investments has bought a controlling stake in US confectionery company Yum Earth. In a statement yesterday (30 June), Acon said the transaction…...
German vegan firm Planethic files for self-administration
1+ day, 4+ hour ago (328+ words) The Ludwigsfelde-based company, formerly called Veganz, said the move aims to protect its "long-term competitiveness. In a stock-exchange filing, Planethic, formerly called Veganz, said the move would help the business "continue the restructuring measures already initiated and to secure the…...
Lactalis to invest in quark production in Germany
2+ day, 16+ min ago (285+ words) The French dairy giant is investing around "50m ($57m) at its site in Neuburg in Bavaria to add quark to the facility's output. Lactalis is investing in quark production at a manufacturing site in Germany. Lactalis is aiming for the facility to…...
Cooke nets Mowi salmon farms in Canada
2+ day, 2+ hour ago (440+ words) Mowi said the sale will allow it to "focus even more on core farming geographies". Seafood processor Cooke has struck a deal to acquire Norwegian rival Mowi's salmon farming business in eastern Canada. Publicly listed Mowi said today (30 June) it…...
Italy's La Doria buys B2 B tomato supplier Solana
2+ day, 2+ hour ago (259+ words) La Doria pointed to the sales benefits of the acquisition. La Doria has snapped up fellow Italian food group Solana, a supplier of tomato products to manufacturing and foodservice customers. In a statement, La Doria, which manufactures a range of…...
US criminal probe into Abbott infant-formula plant closed
2+ day, 1+ hour ago (213+ words) Abbott Laboratories has reached a proposed settlement that will see civil penalties paid under the US False Claims Act. The US Department of Justice has ended a criminal investigation into Abbott Laboratories and bacterial contamination at its plant in Michigan....
Five existential questions food company leaders should be asking
2+ day, 3+ hour ago (42+ words) Global Food Industry News Unlock Free Access to Premium Content Get ahead with exclusive forecasts, expert insights and deep dives into the global food industry. With a free Just Food profile, you can:...
Hormel Foods sells Brazil business
2+ day, 4+ hour ago (343+ words) Domestic food producer Zanchetta Alimentos is acquiring the business operating under the Ceratti brand. Hormel Foods is to offload its business in Brazil to domestic food producer Zanchetta Alimentos as the US group looks to "simplify and streamline its portfolio....