Category : Finance
Clever Carnivore, a US cultivated-meat start-up, to scale up after securing funding expansion
Cleaver Carnivore, a US-based cultivated-meat business, has successfully secured $7m in a funding round. The plan is to utilize this capital to enhance its operations...
Investor from Sweden acquires UK oat-drink producer Framptons
A Swedish investor has successfully acquired the UK oat-drink maker Framptons. This acquisition comes at a time when the food and beverage industry trends are...
Nestlé announces increased investment in Brazil
Nestlé has announced a substantial investment of 6bn reais ($1.2bn) in Brazil’s food and drink production. The Swiss multinational plans to make these investments between...
Saputo dairy plants sale to Coles approved by Australian regulator
The Australian Competition and Consumer Commission (ACCC) has approved the acquisition of two milk processing plants owned by Canadian dairy giant Saputo by national retailer...
Pfeifer & Langen, a German company, acquires majority stake in Rügenwalder Mühle, expanding into plant-based market.
German food conglomerate Pfeifer & Langen has acquired a majority stake in local sausage and plant-based meat business Rügenwalder Mühle. Both companies have expanded their...
Carlsberg Marston’s Brewing Company Makes Over £10 Million Investment in Northampton Brewery
Carlsberg Marston’s Brewing Company has announced plans to invest over £10m to upgrade equipment at its Northampton Brewery, with a focus on increasing capacity for...
DP World says raising frozen food temperatures can cut carbon emissions at COP28
New research from Dubai-based international logistics group, DP World, suggests that storing frozen food at higher temperatures could have a significant positive impact on the...
Local Baker Country Style Foods Acquires Nestlé Confectionery Site in UK
The recent sale of Nestlé’s confectionery facility in Fawdon, UK has been confirmed, just weeks before it was scheduled to close. The local bakery business,...
Montague, an Australian fruit supplier, merges with local counterpart Pomona Valley.
In a strategic move, Canada-based investment fund Ontario Teachers’ Pension Plan (Ontario Teachers’) and its Australian agri-food subsidiary AustOn Corporation (AustOn) have announced a new...