The British Government announced that a whole host of companies have signed up to a "responsibility pledge" to cut the saturated fat their products contain.
Wind Point Partners, a US-based private equity firm, is looking at options to sell its portfolio company Hearthside Food Solutions in a deal which reportedly could fetch more than $1bn.
Siemer Milling, a US-based flour milling firm, has teamed up with Nagel & Son to open a $37.4m wheat facility in West Harrison, Indiana, while creating 35 new jobs by 2016.
Private equity firm Wind Point Partners is exploring a sale of Hearthside Food Solutions LLC, the largest food contract manufacturer and largest privately held bakery in the United States.
Private equity firm Arbor Investments has recapitalised British Columbia-based PBF Pita Bread Factory, marking its first transaction in the Canadian market.
Nestlé has invested CHF 26 million (200 million Egyptian pounds) to extend its ice cream factory in Egypt, one of the company’s biggest ice cream markets in the world.
Canada Bread Co said on Thursday it agreed to sell its Olivieri Foods fresh pasta and sauce business to Spanish food processing company Ebro Foods SA for about C$120 million ($115.5 million).
