Full commercial launch of Aqua Cultured Foods still years away
Aqua Cultured Foods, a start-up in the food and beverage industry, is currently focused on a pilot programme as it prepares for a full commercial...
Category : Finance
Grupo Bimbo highlights strong pipeline for mergers and acquisitions
Grupo Bimbo, the world’s largest bakery products supplier, is actively pursuing mergers and acquisitions (M&A) opportunities after successfully acquiring three businesses in 2023. During a...
Freshcut Foods acquires majority share from Flywheel Partners
London-based private investment firm, Flywheel Partners, has announced its majority stake in UK plant-based ingredient provider, Freshcut Foods. This acquisition comes after another private equity...
Dori Alimentos, a Brazilian Sweets Maker, to Be Acquired by Ferrero’s Ferrara Candy
Ferrero US subsidiary Ferrara Candy Co. has acquired Brazilian snacks business Dori Alimentos. Ferrara, which was bought by privately-owned Italian giant Ferrero in 2017, sees...
Clean-label cereal brand, Seven Sundays, secures $6 million in funding
US-based breakfast food brand Seven Sundays has secured $6m in growth capital during its latest round of funding. The company, known for its gluten-free and/or...
Danone Defends Ownership of Seized Russian Business
Danone, a leading player in the food and beverage industry, has asserted its legal ownership over assets seized by Russia two weeks ago, amidst ongoing...
Australia Dairy Code breaches result in penalties for Lactalis
Lactalis, a major dairy processor in Australia, has been fined A$950,000 ($644,000) for breaching Australia’s dairy code of conduct during the 2020-21 milk season. The...
New funding secured by UK-based gum business Milliways, championing plastic-free products
UK plastic-free gum company Milliways has successfully raised £3m ($3.85m) in a recent funding round to expand its distribution across the UK. Founded in 2021,...
AppHarvest Joins AeroFarms in Chapter 11 Proceedings for Indoor Farming
AppHarvest, a leading US indoor-farming company in the food and beverage industry, has recently filed for Chapter 11 bankruptcy protection. This move comes after AeroFarms,...
JLM Global Foods Unveils Massive Expansion Worth One Million Pounds.
Darlington-based JLM Global Foods has secured funding from asset-based lending solutions firm Leumi ABL to support a planned expansion in the business. JLM Global Foods...