Vishnu Priyan

The closure of the production front of the facility, scheduled for 2 January 2025, will affect 40 employees.

The facility in Europe will be located in Hungary, CJ CheilJedang said. South Korean food giant CJ CheilJedang will invest Won800bn ($571.4m) in new production facilities in Europe and the US.

The delay is intended to accommodate the “evolving supply chain needs of the business”.

The Mexican bakery giant alleged “fraudulent and negligent misrepresentation” during the Canada Bread transaction.

As part of the acquisition, Overhex Wines' production transitions to Origin Wine's facilities in Stellenbosch.

The UK government has announced the new Remediation Acceleration Plan to address the issue of unsafe cladding on buildings in England by 2029.

Saint-Gobain has completed the divestment of its pipes subsidiary, PAM Building, to investment entity Aldebaran, with a minority stake from the French public investment bank Bpifrance.

To try to prevent the further spread of the virus, around 80,000 layer hens across two sheds will be humanely culled using CO2 gas. December 3, 2024

The deal will see Baltika Breweries transfer its shares in Carlsberg Azerbaijan and Carlsberg Kazakhstan to the Danish brewer.

The funding will support the establishment of an Eggs & Rounds production line, expected to be operational by next year. December 20, 2024