Plant-based seafood startup, Hooked, secures more than $1 million in funding
Swedish seafood alternative brand, Hooked Foods, has successfully raised over $1m in its latest round of funding. The company plans to enter the German market...
Category : Finance
Whole Earth Brands Targeted for Complete Takeover by Investor Martin Franklin
The US food and beverage industry is buzzing with news of a potential takeover bid for Whole Earth Brands. The bid comes from Sir Martin...
Fruit Supplier Acquires TasFoods’ Shima Wasabi Unit in Australia
Australian food group TasFoods has sold its Shima Wasabi spices unit to local fruit business Hillwood Berries. In an announcement to the Australian Securities Exchange...
Mara Seaweed forced into administration following withdrawal of funding
Mara Seaweed, a UK supplier of seaweed-based seasonings, has entered administration. The company, based in Glenrothes in Scotland, faced severe working capital issues after the...
Funding secured for Bluu Seafood, a German start-up specializing in cultivated fish
Bluu Seafood, a Germany-based start-up specializing in lab-grown fish, has raised €16m ($17.47m) in Series A funding with the objective of launching its products in...
Competition Authority Urges Opening up of Canada’s Grocery Market
Canada’s competition watchdog has emphasized the need for increased competition in the food and beverage industry, stating that it could help control inflation. The Competition...
Oscar Mayer announces new CEO following ownership transition
UK-based ready meal manufacturer Oscar Mayer has announced the appointment of a new CEO and chairman, following recent changes in the company’s ownership.Ian Toal, formerly...
Brooklyn Brands, a US dessert manufacturer, acquired by Japanese baker Taguchi
US-based baked-goods producer Brooklyn Brands has been acquired by Japanese bakery Taguchi for an undisclosed amount. The deal marks the first significant acquisition of a...
Beston Global Food Co. Streamlines Focus on Dairy, Shuts Down Meat Division
Australia’s Beston Global Food Co. is divesting its meat and plant-based business in order to focus on its dairy produce. The decision comes as a...
Israeli Faux Meat Start-Up to Collaborate with Nestlé’s Vegan Brand
Food Packaging: Nestlé’s Israel food unit Tivall has formed a partnership with Tel Aviv-based vegan meat analogues manufacturer More Foods. The collaboration aims to develop...