SWEDEN – Noquo Foods has raised €3.25 million (US$3.7 million) in a seed funding to help the Swedish startup accelerate its R&D efforts towards developing plant-based cheese. Founded by Sorosh Tavakoli and Anja Leissner, Noquo […]
TUNISIA – Maghreb Private Equity Fund IV (MPEF IV) has acquired 1.8 million new shares, representing 16.20% of the capital of the Tunisian agrifood firm Land’Or. This acquisition allows the private equity fund dedicated to […]
DENMARK – Arla Foods will be investing €80 million (US$88.15 million) in expanding production capacity of its Branderup Dairy mozzarella production plant in Denmark. The expansion project is scheduled to begin early 2020. It will […]
BAHRAIN – Danish dairy company, Arla Foods has inaugurated a state-of-the-art cheese production site in the Kingdom of Bahrain to enable the company meet the increasing demands for dairy in the Middle East and North […]
USA – New Culture, maker of animal-free dairy cheese has closed a US$3.5 million seed funding round led by Evolv Ventures, the Kraft Heinz’s US$100 million venture fund. New Culture, which was founded in late […]
EGYPT – Lactalis, French giant dairy group has acquired Greenland Group for Food Industries, an Egyptian cheese maker and subsidiary of Middle East food company Americana Group. The move for Greenland was conducted through Lactalis’ […]
NETHERLANDS – Royal DSM has developed a new range of cheese cultures, Delvo Cheese CT-500 Castellano, a cheese culture for creating Spanish Castellano-type cheese. The new culture was especially developed to create the highly specific […]
EGYPT– The European Bank for Reconstruction and Development (EBRD) has announced that it is providing a US$7 million loan to support the expansion plan of Obour Land, the leading Egyptian white cheese, UHT packaged milk […]
USA – The Food and Drug Administration (FDA) of the United States is reviewing the use of dairy food names like ‘milk’, ‘cheese’, ‘yogurt’ in the labeling of plant-based food and beverages. The FDA is […]
UK – Dairygold Food Ingredients (DFI), a supplier of premium cheeses & dairy nutritionals made from milk whey & casein, has launched a new exciting range of added value cheeses. The new range, according to […]
