€40 million secured by manufacturer of alternative proteins for growth funding
Alternative proteins manufacturer Enough has raised €40 million in growth funding co-led by World Fund, a European climate tech VC, and food tech investor CPT...
Category : Finance
Swiss Company Orior Remains Committed to Plant-Based Products Despite Disappointing UK Sales
Despite “poor” first-half sales outside of its home market, Swiss food group Orior believes there is still growth potential in the plant-based category. CEO Daniel...
Vivici, the Animal-Free Dairy Protein Start-Up, Receives Support from Fonterra
Fonterra invests in Dutch start-up Vivici’s seed funding round for animal-free dairy proteins through precision fermentation. New Zealand dairy giant, Fonterra, is among the founding...
Romania and Ukraine Seal Grain Agreement
Ukraine and Romania have signed a new deal to increase the transit of grain through Romania’s territory, following Russia’s attacks on Ukraine’s ports and the...
Closure of UK fish facility by Sofina Foods
Sofina Foods, a Canada-based company in the food and beverage industry, has announced the closure of its white fish processing factory in Grimbsy, UK, effective...
Canopy Growth Sells Canada Site Back to Hershey
Hershey secures deal to repurchase Canadian facility previously sold in 2007 The renowned confectionery company Hershey has announced the acquisition of its former Hershey Drive...
Beeio, a bee-free honey startup, enters acquisition talks with Wilk, backed by Danone
Israel-based foodtech company Wilk is seeking to acquire Beeio Honey Technologies, a local bee-free honey maker, as part of its expansion plans in the food...
Tyson Foods considering selling its poultry business in China
According to unnamed sources cited by Reuters, Tyson Foods, the US-headquartered meat giant, is planning to sell its China poultry business. The company has hired...
M&A on the Horizon for Premium Brands Holdings
The food and beverage industry is witnessing a resurgence, and Premium Brands Holdings is ready to capitalize on this trend with a series of major...
British cheese company Barber’s acquires dairy exporter Somerdale International
Barber’s Group, a UK cheese business, has recently acquired Somerdale International, a local dairy exporter. The undisclosed deal will not bring about any significant changes...