Lantmännen to Invest SEK 700 Million in Örebro Bakery Facility
Swedish agri-food group Lantmännen is making a substantial investment of approximately Skr700m ($73m) to establish a new production facility in Örebro. This initiative aims to...
Tag : investment
Noble Foods Acquires Local Competitor Just Egg in the UK
UK-based egg supplier Noble Foods has strategically acquired domestic peer Just Egg to enhance its “added-value” product range. Noble Foods is purchasing the business from...
Post Holdings Acquires Full Ownership of 8th Avenue for $880 Million
Post Holdings is acquiring shares in fellow US manufacturer 8th Avenue Food & Provisions for $880 million, bringing ownership to full. This strategic move is...
David, the protein-bar brand, secures $75M to expand manufacturing capabilities.
US-based protein bar brand David has successfully raised $75 million in a Series A funding round aimed at scaling its food manufacturing capabilities. This funding...
JBS to Pour $135 Million into New Sausage Manufacturing Facility in the U.S.
In a significant move for the food manufacturing sector, meat giant JBS plans to invest $135 million in a new sausage plant in Iowa through...
Fazer Bakery Announces Plans to Boost Production in Finland
Fazer Group has announced an €11m ($12.5m) investment aimed at expanding its rye bread production capacity at the Lahti facility. This strategic move aligns with...
KFC to Invest £1.49 Billion in the UK and Ireland
KFC proudly marks 60 years in the UK and Ireland (UK&I) with a significant announcement that underpins its future growth strategy. This milestone is not...
Italpizza Enhances Production Capabilities with Strategic Investment
Italpizza has successfully secured financing from several local banks, aiming to enhance production capacity at three of its Italian manufacturing plants. The financing package, worth...
Drake Meat Processors Obtains Funding for New Facility in Canada
Recently, Canada’s Drake Meat Processors secured vital financing from a local venture-capital fund to construct a new plant, a project anticipated to create 200 new...
PepsiCo to Increase Investment at Kazakhstan Snack Facility Twofold
PepsiCo is set to double its investment and more than triple the output capacity at a new salty snacks plant currently under construction in Kazakhstan....