Ingredion appoints Tiffany Willis as VP Investor Relations & Corporate Communications Officer

USA – Global ingredient solutions provider, Ingredion has named Tiffany Willis as the company’s Vice President, Investor Relations And Corporate Communications Officer. In this capacity, Willis will be responsible for developing, implementing and executing an […]

Amber Beverage Group secures US$29m in financing to support expansion

EUROPE – Luxembourg-based spirits producer and distributor, Amber Beverage Group (ABG), has secured a €27 million (US$29.99 million) credit facility from Swiss bank, Credit Suisse AG. Amber Beverage said that the proceeds will used to […]

DSM names long serving CEO Feike Sijbesma as Honorary Chairman

NETHERLANDS – Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, has appointed its Chief executive Officer Feike Sijbesma as Honorary Chairman of the company. Feike Sijbesma is DSM’s longest serving CEO […]

Soft Robotics raises US$23m to accelerate growth in core packaging markets

USA – Soft Robotics, an innovative robotics start-up, has raised US$23 million from investors including its most recent partner, FUNAC Corp., to expand its robotics food packaging and manufacturing solutions. The Series B funding round […]

hempSMART partners with MCTC to launch new line of CBD beverage products

USA – hempSMART, a wholly owned subsidiary of California-based Marijuana Company of America (MCOA) has signed a definitive sales agreement to purchase ultra-clean label CBD beverage products from MCTC Holdings Inc. MCTC Holdings is a science […]

Zomato acquires Uber’s food delivery business in India to accelerate growth

INDIA – Zomato, the food delivery company backed by Alibaba’s Ant Financial, has acquired Uber Eats India in an all-stock transaction which will give Uber a 9.99% stake in Zomato. The companies did not disclose […]

Yogurtland moves into the plant-based category, partners with Bear Naked Granola

USA – Frozen yogurt brand, Yogurtland has launch of the brand’s first ever 100% vegan, plant-based chocolate flavor: Salted Chocolate Souffle, which will be available across the US. The brand has also announced a partnership […]

Coca-Cola to invest US$1.11bn in France over the next five years

FRANCE – The Coca-Cola Company and Coca-Cola European Partners (CCEP), the primary bottling partner in the France, have unveiled plans of investing upto €1 billion (USS$1.11bn) in the country’s economic ecosystem over the next five […]

KKR-backed Upfield Group acquires Violife brand owner Arivia

NETHERLANDS – Upfield Group, a plant-based butter and spreads producer owned by private equity giant, KKR, has completed the acquisition of Violife brand owner, Arivia. Following the acquisition, which was first announced in October 2019, […]

TurtleTree Labs secures funding to champion its breakthrough cell-based milk technology

SINGAPORE – TurtleTree Labs, the world’s first company using technology to create milk from animal cells has closed its pre-seed funding round that will enable the company expand its team and create additional prototypes Co-founded […]