Food business news : General Mills and Mondelez have partnered to come up with new sour and sweet candy-flavored yogurt tubes in the United States starting this month. The new yogurt product range combines the Yoplait Go-Gurt yogurt of General Mills with the Sour Patch Kids candy of Mondelez, and will join the Yoplait Go-Gurt […]
IKEA news 2018 : Home furnishing retail chain IKEA has taken an additional warehouse space in Staten Island, New York State to serve as the IKEA fulfillment center. IKEA Fulfillment Center in Staten Island, NY The new IKEA fulfillment center is expected to complement the home furnishings retailer’s seven other regional distribution centers that are […]
Food acquisition news : Maine-based specialty food manufacturer Stonewall Kitchen has completed its acquisition of Tillen Farms, a cocktail garnishes brand for an undisclosed price. Tillen Farms’ products include uniquely-crisp pickled vegetables and Pacific Northwest cherries. The brand, which was launched in 2004, boasts of a dozen cocktail garnishes supplied to grocery stores, specialty stores, […]
Natural Grocers store openings : Specialty retail chain Natural Grocers by Vitamin Cottage has announced its plans to open two new stores in the early part of this year in the Dallas-Fort Worth area. The US specialty retailer currently has 21 stores in Texas which will see the addition of the two new stores at […]
Japanese pharmaceutical giant Takeda Pharmaceutical has announced a proposal to acquire TiGenix, a Belgium-based cell therapy company, for €520 million. This acquisition is aimed at expanding Takeda’s late-stage gastroenterology portfolio and enhancing its presence in the American specialty care market. TiGenix, established in 2000, specializes in the development of novel treatments for serious medical conditions […]
Allergan, globally recognized for its Botox cosmetic injections, has revealed plans to eliminate more than 1,000 jobs across its operations. This move is part of a broader cost-cutting measure aimed at restructuring the company’s workforce in response to significant market challenges. The announcement was made through a filing with the U.S. Securities and Exchange Commission. […]
Lactalis acquisition of siggi’s : French dairy giant Lactalis has struck a deal to acquire siggi’s, a yogurt manufacturer in USA for an undisclosed price as per the latest food acquisition news. Headquartered in New York City, siggi’s is the maker of Icelandic style skyr yogurts which it says are prepared using simple ingredients with […]
Food acquisition news : Norwegian seafood company Marine Harvest has struck a deal to acquire Canadian salmon producer Northern Harvest Sea Farm for CAD 315 million ($251.2 million). The acquisition of the farmed salmon producer in Atlantic Canada is to help Marine Harvest implement its long term strategy of becoming a leading global integrated producer […]
Retail industry news : Home furnishings retailer IKEA has revealed its plans to open its second furniture store in Atlanta, Georgia for which it has selected a location in Marietta. The furniture store retailer is yet to work out on the construction schedule and opening of the new home furnishings shop in Atlanta. IKEA though […]
Retail industry news : US discount store retailer Dollar General will construct a new retail distribution center in Longview in Texas to serve nearly thousand stores in the state and the southeast region. Then new Dollar General distribution center in Longview, which will break ground in early 2018, is likely to create around 400 new […]