Under the terms of the merger agreement, which has been unanimously approved by the board of directors of each company, Kroger will acquire all of the outstanding shares of Albertsons Companies, Inc. ("Albertsons Cos.") common and preferred...
In the center of one of the most important olive-producing areas of Greece, AMALTHIA SA, has made its first steps in the field of olive processing and exporting, utilizing one of the oldest and most valuable products...
Walkers has announced a £14 million investment in sustainable food packaging innovations that will save 250 tonnes of virgin plastic annually. As part of the move, the outer plastic packaging on millions of the snack giant’s multipacks will...
Smurfit Kappa, world leader in paper-based packaging, is investing almost USD100 million in a sustainable biomass boiler which will reduce its global Scope 1 and Scope 2 CO2 emissions by approximately 6%. The ambitious project is the...
Nature's One introduces the first organic infant formula to its Baby's Only Formula lineup. Baby's Only Organic Premium Infant Formula is designed to meet all the FDA nutrient requirements to ensure the growth and development needs of infants starting at...
Isthara, India's premium co-living brand and Smart Food Court pioneer, has raised fresh funding of $10 million led by Dubai-based Eagle Investments. The current funding round brings Isthara's total fund-raise to about $21 million. Isthara, which currently operates in the co-living and institutional...
The purchase price for the acquisition is US $1.125 billion, plus working capital, and is subject to certain price adjustments. Gavilon, headquartered in Omaha, Nebraska, originates, stores and distributes grains and oilseeds, as well as feed and...
PepsiCo has reported an 8.8% net revenue growth in its third-quarter results for 2022, and now expects its full-year organic revenue to increase by 12%. For the quarter ending 3 September 2022, the company posted net revenues...
Arla Foods has set aside up to three eurocent per kilo of milk as part of a sustainability incentive to its farmers to motivate them to reach its 2030 emission reduction target on farms. To incentivise farmers to implement...
IDF World Dairy Summit 2022 was convened in New Delhi, India. Zhang Jianqiu, CEO of Yili Group, delivered a virtual speech at the World Dairy Leaders’ Forum and attended the “Dairy in the Next 25 Years” panel...