Danone Divests Lifeway Stake Following Unsuccessful Acquisition Bid
Danone is divesting its stake in Lifeway Foods, a US-based kefir manufacturer, by offloading its entire 22.7% interest in a deal estimated at around $67...
Tag : investment
£5 Million Secured for Deploying Robots to Address Labour Gaps in UK Food Factories
OAL, a specialist in robotics and automation, has successfully obtained a £5 million Innovation Loan from Innovate UK aimed at implementing over 1,000 robotic systems...
Meatly Secures £10.4 Million to Boost Cultivated Meat Production
Meatly, a cultivated meat enterprise headquartered in London, has garnered £10.4 million in Series A financing as it gears up to establish what it claims...
Kingsland Drinks Group Secures £65 Million Funding Deal
The company announced that the funding will support its future growth initiatives under the guidance of former Purity Soft Drinks CEO Sarah Baldwin, who took...
Clean Food Group Raises £5.2 Million to Expand Fermentation Facility
Clean Food Group (CFG), a leading innovator in the UK biotech sector, has successfully completed a £4.5 million funding round spearheaded by Clean Growth Fund...
M&S Pours £2.1 Billion into British Red Meat Sector
Investment in British lamb and beef reaches £2.1 billion as M&S Food announces a ten-year partnership with red meat suppliers ABP and Dunbia. The retailer...
Oxford Biotech Fermtech Raises £2.5 Million to Expand Cocoa Alternative Production
Fermtech, a biotechnology company focused on enhancing crop value through fermentation, has successfully secured £2.5 million in seed funding to expand the production of Koji...
RSSL Allocates £1.2 Million for Nutritional Testing Laboratory Investment
Reading Scientific Services Ltd (RSSL), an esteemed food contract research organisation (CRO), has enhanced its analytical capabilities by introducing a specialized nutritional testing service. With...
OneThird Secures €1M Investment to Enhance Spectral Imaging Technology
OneThird, a startup dedicated to combating food waste, has secured a €1 million innovation credit from the Netherlands Enterprise Agency (RVO). This funding is dedicated...
Conagra Brands Expands Operations with Investment in US Poultry Plant
Conagra Brands is making a significant investment to enhance its manufacturing capabilities at its Fayetteville, Arkansas site The US-based frozen foods and snacks leader has...