Category: Food & Beverages
Food & Beverages
Minneapolis-based renowned food delivery company, Bite Squad – who has been on a buying spree for past two years – was reportedly acquired by the wealthiest restaurateurs Tilman Fertitta in a USD 321 million deal. This has been marked as one of the biggest tech …
Food & Beverages
McDonald’s, the top fast-food chain, has reportedly announced that it will no more use antibiotic drugs in its beef supplies. The move reportedly addresses the concerns of overuse or misue of antibotics that may lessen the drugs effectiveness in treating humand diseases. The restaurant chain …
Food & Beverages
In a bid to create a retail landscape, the London-based online food delivery company Deliveroo, has reportedly introduced its very first brick-and-mortar restaurant in Hong Kong. The 2 billion-dollar start-up plans global extension of the concept, subject to positive public response. Sources familiar with the …
Food & Beverages
Licious, a subsidiary of India-based processed seafood & meat brand Delightful Gourmet Pvt. Ltd., has recently made it to the headlines for raising 25 million dollars in a Series-D round that was led by Nichirei Corp., the top poultry processing company in Japan. The Bengaluru-based …
Food & Beverages
3-D Meats LLC in Dalton, Ohio, has reportedly recalled around 47 pounds of RTE (ready-to-eat) beef stick products because of being misbranded and containing of undeclared allergens. As reported by the U.S. Department of Agriculture’s FSIS (Food Safety and Inspection Service) these RTE beef snacks …
Food & Beverages
The agreements will allow Celsius expand its footprint and service new stores and customers Globally renowned fitness drink maker, Celsius Holdings, Inc., has recently secured distribution agreements with the U.S. giant Anheuser-Busch and PepsiCo’s delivery partners. As per reliable sources, John Fieldly, President and CEO, …
Food & Beverages
Reports confirm that owner of Fatburger, FAT (Fresh. Authentic. Tasty.) Brands Inc. has acquired the Los Angeles-based chain of authentic Mediterranean cuisine restaurants, Yalla Mediterranean. With this acquisition, FAT Brands franchises over 300 restaurants globally, besides having more than 300 additional restaurants under development in …
Food & Beverages
One of the largest frozen food companies Bellisio Foods Inc., has reportedly joined forces with private equity firm Swander Pace Capital in order to acquire FSI (Frozen Specialties Inc.), a top producer of frozen pizza and Pizza Bites, centered at Perrysburg in Ohio. According to …
Food & Beverages
Chinese dairy firm Yili has reportedly acquired Thailand’s famous frozen food and ice cream maker Chomthana in an effort to expand its business in the Southeast Asia. As per reliable sources, the deal is a part of Yili’s global expansion efforts. Incidentally, in 2018, the …