Sauer Brands appoints former Sovos executive as CEO
Sauer Brands, known for its condiments and seasonings, has appointed E Yuri Hermida as CEO, effective 12 March. The Richmond,…
All articles by Shivam Mishra
Shivam Mishra
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Celsius to snap up Alani Nutrition in $1.8bn deal
Celsius Holdings has revealed plans to acquire health and wellness drinks and snacks maker Alani Nutrition (Alani Nu) in a…
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Belgian PE investor Gimv acquires majority stake in The Spice Factory
Gimv, a Belgian private-equity investor, has acquired a majority stake in The Spice Factory (TSF) from Gilde Equity Management and…
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China Mengniu Dairy issues profit warning amid revenue and impairment challenges
China Mengniu Dairy has issued a profit warning for 2024, pointing to falling sales and impairments on business units. The…
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Colgate-Palmolive enters fresh pet food with Prime100 acquisition
Colgate-Palmolive has agreed to acquire Australia-based Care TopCo, which owns the Prime100 fresh pet-food brand. The US consumer goods company…
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UK PE firm signs deal to invest in Ethiopia dairy sector
UK private-equity firm Asset Green has partnered with Ethiopia's government to invest $600m in dairy farming and processing initiative in…
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Vion Food agrees sale of another meat asset in Germany
Dutch meat business Vion Food Group is to sell its cattle marketing operations in Germany to ZNVG. Vion said the…
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OSI expands UK presence through Karnova Food Group acquisition
US meat major OSI Group has acquired UK peer Karnova Food Group from private-equity firm Endless. Financial terms of the…
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Spain’s Reina Group acquires Vital Sandwiches
Spanish bakery and dessert company Reina Group has acquired local sandwich-maker Vital Sandwiches. Financial terms of the transaction were not disclosed. In…
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SPC Global acts to reassure investors amid share price pressure
SPC Global managing director Robert Iervasi has moved to reassure investors after a recent decline in the Australian food and…