Ferrero partners Loop, Carrefour to explore reusable cans for its Nutella brand
FRANCE – Italian manufacturer of branded chocolate and confectionery products, Ferrero has partnered with Carrefour…
WORLD NEWS
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Israeli animal-free dairy company Remilk raises US$11.3m to support global expansion drive
ISRAEL – Remilk, an Isreali animal free startup, has raised US$11.3 million in a funding…
Indian bread & biscuits maker Mrs Bectors Food raises over US$73m in successful IPO listing
INDIA – Mrs Bectors Food Specialities Limited, a leading supplier of bread and biscuits in…
US Food and Drugs Administration approves first genome-altered animal for human consumption
US – The US Food and Drug Administration (FDA) has approved genome-altered pigs for human…
Chinese e-commerce giant JD.com invests US$700m in online grocery platform Xingsheng
CHINA – Chinese ecommerce giant JD.com is investing US$700 million in acquisition of additional stake…
Michael Foods to buy hard-boiled, peeled eggs supplier Almark Foods for undisclosed sum
US – Michael Foods, a subsidiary of Post Holdings, has entered into an agreement to…
GrubMarket acquires Leo’s Apples as it seeks to strengthen position in US food delivery market
US – Farm-to-table food delivery service GrubMarket has acquired New York-based fresh fruits provider, Leo’s…
Coca-Cola European Partners collaborates with Lavit in development of multi-beverage dispensing machines
UK – Britain based multinational bottling company Coca-Cola European Partners (CCEP) has invested in Lavit,…
TPG, Northstar acquire majority stake in Indonesia’s largest dairy business PT Green Fields
INDONESIA – American investment company TPG and Singaporean private equity firm Northstar Group have jointly…
Burger King plans massive expansion in India, to open 700 restaurants before 2026
INDIA – Burger King India Ltd has announced plans to open around 700 restaurants, including…
Abu Dhabi Investment Office invests US$41m in 3 agri-tech firms to promote desert agriculture
UAE – The Abu Dhabi Investment Office (ADIO) has invested US$41 million in India- based…
Yonghui Fresh Food raises US$153m in round backed by Chinese tech giant Tencent
CHINA – Yonghui Fresh Food, a produce-based B2B subsidiary of leading Chinese supermarket group Yonghui…
Hydroponic leafy greens producer Gotham Greens raises US$87M to fuel expansion plans
US – Gotham Greens, a US based hydroponic leafy greens produce, has raised an additional…
Fortis acquires pressure-sensitive labels and flexible packaging manufacture Kala
US – Fortis Solutions Group, a portfolio company of private equity firm Main Post Partners,…
Nestlé Waters North America invests start-up developing plastic degradation technology
US – Nestlé Waters North America (NWNA) in recognition of the fact that it’s a…
Packaging boards manufacture Storo Enso invests US$97m in Finland factory upgrade
FINLAND – Finnish manufacturer of pulp, paper and other forest products Stora Enso is palnning…
Kerry joins pro-climate club, unveils plans to achieve 100% transition to renewable energy by 2025
IRELAND – Irish food company Kerry Group has become the latest major food company to…
DuPont launches new yogurt enzyme range as it continues commitment to open innovation strategy
USA – Nutrition and biosciences company Dupont has launched a new range of enzymes dubbed…
Nestlé launches reusable containers, invests in renewable energy expansion
FRANCE – In an effort to create a better, sustainable world, Swiss manufacturing giant Nestlé…
Nature’s Fynd raises US$45m to accelerate commercialization of meat protein alternative
US – Nature’s Fynd, a food-tech company that develops microbe-based proteins for meat has raised…
Brazilian meat company BRF unveils new 10-year plan, plans to invest US$10.7B in market expansion by 2030
BRAZIL – BRF, a leading Brazil meat company has unveiled a new 10-year plan christened…
Arytza sells US frozen pizza business to Brynwood Partners
US – Zurich based food business group Arytza has sold its North America’s take-and-bake pizza…
US packaging company PaperTech acquired by May River Capital
US – PaperTech, a leading US manufacturer of paperboard packaging products for the frozen food…
Nestlé’s pet care subsidiary, Purina to invest US$550m to expand US pet food factory
US – Purina PetCare, a subsidiary of swiss food conglomerate giant Nestlé has announced plans…