Dole divests Progressive Produce unit to Arable Capital Partners
Dole, a leading fresh produce company, has announced plans to sell its 65% stake in North American Progressive Produce to agri-food investor Arable Capital Partners...
Category : Finance
Rich Products to increase production capacity in the United States
Rich Products, a US-based food and beverage company, is set to invest $27m in expanding its production facility in Tennessee. This expansion project in Morristown...
UK’s This launches final crowdfunding campaign ever
The UK-based meat-alternative company, This, is gearing up to launch a crowdfunding campaign, which it anticipates will be its “last ever crowdfund,” as stated on...
Pulmuone from South Korea forms partnership with Germany’s Infinite Roots
In a move to cater to the local consumers’ preferences in the South Korean market, German plant-based food business Infinite Roots has collaborated with South...
Iceland reduces prices of Nestlé baby formula products as part of UK market probe
In a move to address the scrutiny on the cost of infant formula in the UK, UK retailer Iceland Foods is reducing the price of...
Study reveals UK plant-based cheese has highest salt content
In a new study released by UK research group Action on Salt, it was found that plant-based cheese contains more salt than its conventional equivalents...
The Vegan Food Group from the UK acquires Tofutown in Germany
In a strategic move within the food and beverage industry, UK-based The Vegan Food Group (VFG) has expanded its reach in Europe by acquiring German...
Oishii secures $134 million to expand their vertical strawberry farming business
Oishii, a US-based vertical farming group, recently closed a $134m Series B round, with Japanese telecommunications group NTT leading the investment. The company plans to...
Marc Werner announced as new CEO of Costa Group
Costa Group, the Australian fresh produce company recently acquired by an investor consortium, has appointed Marc Werner as its new chief executive officer (CEO). Werner...
Gobarto of Poland Proposes Acquisition of Local Meat Company Albo
Polish pork giant Gobarto has submitted plans to acquire local pork and poultry manufacturer Albo, seeking approval from the Office of Competition and Consumer Protection...