NETHERLANDS – Food ingredient solutions supplier Azelis has acquired Smoky Light, an established smoke ingredients distributor in the Benelux region…
Read MoreAzelis adds smoke ingredients to its portfolio with Smoky Light acquisition
Day: January 17, 2023
Multus secures funding to build First-of-its-kind growth media factory in UK
UK – Multus, a biotechnology start-up company, has received €8.9 million (US$9.6 million) in funding to build a first-of-its-kind facility…
Read MoreVall Companys attains full ownership of Spanish pork producer Embutidos Rodríguez
SPAIN – Grupo Vall Companys, has acquired full ownership of Embutidos Rodríguez, a company that specialises in pork products also…
Read MoreIreland food and drink exports jump to US$18B in 2022 propelled by dairy sector
IRELAND – 2022 was an impressive year for Ireland’s food and drinks industry with exports reporting double-digit growth thanks to…
Read MoreMitsubish yet to decide future of UK food and drink company Princes
UK – Mitsubishi Corp. has appointed an M&A adviser at Houlihan Lokey to handle a sale process for its UK…
Read MoreRichard’s Rainwater establishes third rain-capturing facility for drinking water in Louisiana
US – Richard’s Rainwater has opened the world’s largest portable rainwater collection site in Louisiana, in partnership with Faubourg Brewing…
Read MoreLucky Saint secures record-breaking US$12.2m funding to facilitate entrance into European market
UK – Alcohol-free beer brand Lucky Saint has raised over US$12.2 million in investment in a series A funding round,…
Read MoreBartek invests US$130m in constructing world’s largest malic and food-grade fumaric acid production plant
US – Food additive manufacturer, Bartek, has commenced the construction of the world’s largest and most technologically advanced malic and…
Read MoreSasini enhances liquidity position with US$6m investment in fixed income securities
KENYA – Sasini, one of Kenya’s major tea and coffee producers, has purchased fixed-income securities valued at Sh755.6 million (US$6.09m)…
Read MoreBoon for Kenyan tea farmers as tea agency disburses US$44.5m for green leaf deliveries
KENYA – Kenya Tea Development Agency (KTDA), a Kenyan-based private holding company owned by more than 600,000 small-holder tea farmers,…
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