Dutch cell-grown meat startup Mosa Meat raises US$8.8m in funding

USA - Mosa Meat, a Dutch food technology company, has raised US$8.8 million in funding from German drugmaker Merck KGaA and leading Swiss meat manufacturer Bell Food Group, according to Wall Street Journal. The clean meat company making slaughter-free beef from cattle cells, was founded by Dr. Mark Post (now their Chief Scientific Officer), a professor of…

Cargill and Seoul-based AG Meat partner to offer a U.S beef brand ‘Excel’

USA - Cargill and Seoul-based AG Meat, a specialty import meat distributor are partnering to offer premium U.S. beef brand, Excel, in a new concept meat store called ‘It’s Meat.’ According to Cargill, the new meat concept will ensure that its Korean consumers can now purchase high-quality, premium Excel beef at competitive prices. Cargill Protein…

Kerry celebrates US$28.6m expansion of new facility in Minnesota

USA - Taste & Nutrition Company, Kerry, is celebrating the US$28.6 million expansion of its facility in Rochester, Minnesota, a project which increases manufacturing capacity at the state-of-the-art facility. FoodingredientsFirst also reported that the expansion includes the addition of a new spray dryer and two 10,000 gallon dryer feed tanks. Kerry’s Rochester facility produces naturally-derived…

South Africa’s Wiese cuts stake in grocer Shoprite after Steinhoff hit

SOUTH AFRICA - South Africa’s tycoon Christo Wiese has sold part of his stake in one of Africa’s biggest supermarket chain, Shoprite to raise US$264 million, boosting his finances after being dented by links to scandal-hit Steinhoff, according to a Reuters article. He raised the funding through his company, Titan which sold 17 million shares,…

Tiger Brands plans expansion into North Africa

SOUTH AFRICA - The packaged goods company, Tiger Brands is eying expansion into North Africa, outside its home market South Africa. According to a Bloomberg report, plan to expand outside SA, its biggest market was hampered by the listeriosis outbreak in the past months, claimed to have originated from one of its meat processing facilities.…

BRF to close down turkey meat production line in Mineiros

BRAZIL – BRF, one of the largets food companies in Brazil, has made plans to close down its turkey meat production line in Mineiros (GO) due to lack of market for the products. According to Business Insider, Jorge Luiz de Lima, the global vice president of the Brazilian food company's corporate efficiency, made the statement.…

Brazil’s food giant BRF names new chief executive officer

BRAZIL – BRF, one of the biggest food companies in the world, has named Pedro Parente as the new chief executive officer with the hope that the new CEO will give a successful turnaround. According to SeekingAlpha, the government commission; which approved the appointment, said the nomination of the new CEO faces no conflict of…

Aleph Farms calls on USDA to promote clean meat to improve food safety

ISRAEL - Aleph Farms, Israeli food technology start-up company, has called on the US Department of Agriculture (USDA) to promote clean meat for its compelling safety advantages, such as being antibiotic free and pathogen free. Alepha Farms made the request in response to the US Cattlemen's Association's (USCA) petition to the USDA to restrict the…

East Africa eyes Southeast Asia’s meat market through Hong Kong

ETHIOPIA - East African countries have declared an interest in entering the Southeast Asia’s meat and live animals market via Hong Kong under the Intergovernmental Authority on Development (IGAD). In a statement, IGAD said penetrating the market through Hong could possibly eliminate the challenges its member countries are facing while exporting their products to MENA…

Tanzania lifts ban on some meat products from South Africa

TANZANIA - Tanzania has formally lifted the ban on meat product imports from some specific processing facilities in South Africa following the outbreak of listeriosis declared in the country by the Minister of Health early last year. A statement from the Tanzania Food and Drugs Authority (TFDA) however indicated that imports from some factories associated…