Del Monte Foods expands its snacking portfolio with launch of dairy-free parfaits

USA – Del Monte Foods has launched a new line of non-dairy parfaits dubbed Fruit Crunch Parfaits available in four different flavors as it continues to expand its snacking category. The new snacking innovation comes […]

Nestlé opens new US$22m juice manufacturing plant in Pakistan

PAKISTAN – Nestlé has inaugurated a new juice production plant in in Sheikhupura, Pakistan with an investment of US$22 million. The Nestle Fruita Vitals plant has a capacity of 24,000 units per hour and will […]

Indian frozen snacks maker Foods & Inns acquires Kusum Spices

INDIA – Foods & Inn, an Indian-based fruits processor and frozen snacks manufacturer has acquired Kusum Spices based in Mumbai for US$1.97 million (Rs 13.99 crore). Under the transaction, Foods & Inns will enter into […]

Paine Schwartz Partners closes US$1.4bn food and agribusiness focused fund

USA – Paine Schwartz Partners, a private equity firm focused on sustainable food chain investments, has closed its food and agribusiness-focused Fund V at US$1.425 billion, exceeding its original target. The Paine Schwartz Food Chain […]

Stonewall Kitchen completes acquisition of Vermont Village

USA – Specialty food manufacturer, Stonewall Kitchen has completed acquisition of the organic apple sauce and raw apple cider vinegars producer, Vermont Village brand from parent company Village Cannery of Vermont. The deal, whose financial terms were […]

World’s largest fresh produce market pledges support to Zambian farmers

ZAMBIA -Zambian local farmers to partner with the world largest wholesale fresh produce market, Rungis International in the southern suburbs of France through the Lusaka City Council (LCC). Rungis Market is a member of the […]

Global coalition pledges over US$650m to help smallholder farmers adapt to climate change

USA – A coalition of donors, aid institutions and philanthropy have committed to invest more than US$650 million in the CGIAT System Organization to help 300 million smallholder farmers adapt to the impacts of climate […]

Mark & Spencer partners with infarm in promoting sustainable urban farming

UK – Marks & Spencer is partnering with urban farming platform infarm to deliver a range of fresh produce grown and harvested in some of its stores. The retailer in planning to launch the first […]