Aleph Farms achieves the first global authorization for lab-grown beef
In January, Aleph Farms, an Israeli company, received regulatory approval from the Ministry of Health to produce and sell cultivated beef in Israel, making it...
Category : Finance
The Morato Group of Italy acquires majority share of gluten-free Massimo Zero
The acquisition of a majority stake in gluten-free manufacturer Massimo Zero by Italian baked goods company Morato Group is a significant move in the food...
Calavo Growers, a US avocado specialist, is in discussions to sell their fresh-cut business.
Calavo Growers, the US-based fresh-produce supplier, is currently engaged in negotiations to sell its pre-prepped fresh-cut fruit and veg operation to local peer F&S Fresh...
MPearlRock obtains Nutpods, a non-dairy creamer brand based in the US
MPearlRock, a New York-based asset manager, has acquired US alternative dairy and coffee creamer brand Nutpods. The financial terms of the deal were not disclosed....
Mars Announces Investment in New Nature’s Bakery Plant in the US
Mars, Incorporated announced a new $237 million cutting-edge baking facility for Nature’s Bakery in Salt Lake City, Utah. The facility, spanning 339,000 square feet, will create over...
Bramble Foods of the UK acquires The Bay Tree Food Company, a chutney group
British fine foods producer Bramble Foods has acquired local chutney and preserves maker The Bay Tree Food Company, but financial details are not yet disclosed....
Poultry group LDC in discussions to purchase fellow meat business Groupe Routhiau
LDC, a poultry group, is in exclusive negotiations to acquire Groupe Routhiau, a meat and plant-based business in France. Groupe Routhiau has been operating for...
Investment Group Acquires US-Based Patriot Pickle
Recently, Patriot Pickle, a US pickled-foods manufacturer, was purchased by a subsidiary of the Miami-based investment group H.I.G. Capital for an undisclosed fee. The company...
Tata Consumer Products Acquires Capital Foods and Organic India
Tata Consumer Products has recently acquired two Indian food companies, Capital Foods and Organic India, for a combined fee of Rs70bn ($845m). This strategic move...
Executive Reshuffle at TasFoods Results in Appointment of Josh Fletcher as CEO
TasFoods, the Australian poultry, cheese, and pet-food business, is set to undergo an executive reshuffle as CEO Scott Hadley announced his resignation, to pursue new...