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Class Action Lawsuit Filed Against PepsiCo for Failure to Pay Overtime Wages after Kronos Hack

On Wednesday, two workers filed a collective action complaint in the Central District of California against PepsiCo, Inc., Naked Juice Co., and Tropicana

Investing in the Future of Food: Minority investments in smaller brands will characterize M&A in food in 2022

The temporary freeze on mergers and acquisitions in the food and beverage space seen in the early days of the coronavirus outbreak is long gone as deal making in the segment rebounded in 2021 to levels rivaling pre-pandemic – but many of the companies targeted and the deals offered are notably smaller than those of the past decade.

Scoop: Wingreens Farms acquires Raw Pressery at a fifth of its 2018 valuation

Scoop: Wingreens Farms acquires Raw Pressery at a fifth of its 2018 valuation SECTIONS Share Synopsis The Wingreens-Raw Pressery deal, done at a valuation of Rs 100-110 crore, is a share swap for investors and a far cry from the juice maker’s valuation in 2018. ETtech Raw Pressery founders are cashing out in the Wingreens-Raw Pressery deal. (Illustration: Rahul Awasthi/ETtech) Mumbai: Dips and sauces maker Wingreens Farms has acquired cash-strapped cold-pressed juices startup Raw Pressery, sources close to the development said, heralding a significant consolidation move in the consumer brands sector. The Wingreens-Raw Pressery deal, done at a valuation of Rs 100-Rs 110 crore, is a share swap for investors, with the founders cashing out, they said, without providing additional details.

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