LT Foods to Establish New Rice Processing Facility
India’s LT Foods is set to establish a new rice processing facility in its home market, signaling a strategic move in the competitive food and...
Author : FAB Team
Saudi Arabia Unveils Its Largest Meat Processing Facility
Waleem Meat Factory has proudly opened Saudi Arabia’s largest and most advanced meat processing facility in Al-Qassim. Boasting a production capacity of 60 tons per...
Mosa Meat Raises Additional Funding
Mosa Meat has successfully secured additional funding as European cell-cultivated protein companies Meatable and Believer Meats have announced their closure. Based in Maastricht, Netherlands, Mosa...
Mlinar Secures Equity Financing to Expand Bakery Operations
Croatian baked goods producer Mlinar has secured up to €50 million ($58 million) in equity financing from Europe’s foremost development bank to facilitate its expansion...
French Dairy Giant Savencia Acquires Brazil’s Quatá Alimentos
In a significant move within the dairy industry, French dairy group Savencia Fromage & Dairy has recently reached an agreement to acquire its Brazilian counterpart,...
Co-op Introduces New GLP-1 Friendly Ready Meals
Co-op is launching its latest series of “GLP-1 friendly” meals, specifically tailored for individuals using GLP-1 weight-loss medications like Ozempic and Wegovy. This aligns with...
AeroFarms Shuts Down Virginia Vertical Farm Amid Funding Shortages
In a troubling turn of events, AeroFarms, a prominent player in vertical farming, finds itself at a critical juncture. Just two years after emerging from...
Mission Produce Appoints New CEO as Annual Revenue Increases
Mission Produce has elevated John Pawlowski to the position of CEO, overseeing the US-based avocado and mango supplier. Currently serving as president and chief operating...
McCain Sells Vegetable Business in South Africa
McCain Foods is divesting its vegetable manufacturing operations in South Africa to US-based Enduring Ventures. This strategic sale aligns with current trends in the food...
TasFoods Receives Bids for Nichols Poultry
TasFoods is currently evaluating its Nichols poultry business, having received two proposals as part of this reassessment process. In a statement released on December 18,...