Rustica Foods in Canada Secures New Investment
Rustica Foods, a prominent Canadian manufacturer of fresh and frozen pizzas, has secured vital investments from Fonds de solidarité FTQ and Export Development Canada (EDC)....
Tag : investment
Mondelez to Allocate $77 Million for Investment in Swiss Toblerone Factory
Mondelez International has unveiled plans to invest SFr65m ($77m) in its iconic Toblerone factory located in Bern, Switzerland. This significant investment will roll out a...
Groupe St-Hubert of Canada Unveils Capital Expenditure Plans
Groupe St-Hubert, based in Canada, is making significant investments in its food manufacturing division. On April 9, the company outlined its capital expenditure (capex) plans,...
Food Robotics Company Secures $43.1 Million to Advance AI-Powered Meal Assembly Systems
Chef Robotics has secured substantial funding, comprising $20.6 million in equity and $22.5 million in equipment financing debt. This financial infusion will be utilized to...
Alpro Commits to 100% British Oats Investment
In collaboration with the Navara oat mill in Kettering, Alpro is strategically sourcing most of its oats from farmers located within 80 miles of the...
Haldirams, India’s Leading Snack Producer, Sells Stake to Temasek
India-based Haldiram Snacks Food has recently agreed to sell a stake in the business to Temasek, the Singapore government-owned investment fund. However, the specifics of...
£1.4 Million New Fermentation Innovation Center
The Food Standards Agency (FSA) is set to enhance its efforts in the food manufacturing sector by establishing a hub that integrates its ongoing work...
Sainsbury’s and Cranswick to Allocate £61 Million for Enhanced Pig Standards
Sainsbury’s and Cranswick have announced a significant partnership aimed at advancing animal welfare standards for the ‘by Sainsbury’s’ British pork range. This collaboration not only...
General Mills Boosts Investments to Revive Organic Growth
As “value-seeking” behavior remains persistent, General Mills is proactively investing in marketing and innovation to drive sales growth. Admittedly, General Mills reported third-quarter sales that...
Agristo, the Potato Products Group, Expands Investment Plans in India
Agristo Masa, a joint venture between Masa Global and Agristo, a leading producer of frozen potato products, plans to invest an additional €80m ($87.23m) in...