Mowi Increases Ownership in Competitor Nova Sea to 95%
Norwegian salmon farming leader Mowi is set to acquire Vigner Olaisen’s 46% stake in local competitor Nova Sea for Nkr7.4bn ($655m). This acquisition will effectively...
Tag : investment
Tate & Lyle to Secure $588 Million via Debt Offering
On 24 January, Tate & Lyle announced its plans to make notes valued at $300 million and €275 million (approximately £288 million) available in the...
Nestlé Allocates $1 Billion for Expansion of Production in Mexico
Nestlé has announced a significant investment package of $1 billion to enhance its operations in Mexico over the next two years. The Swiss food manufacturing...
Tiger Brands to Divest $240 Million Stake in Empresas Carozzi
South African food group Tiger Brands plans to sell its minority stake in Chile-based Empresas Carozzi for $240 million. Carozzi, which is already a subsidiary,...
Roc Partners Set to Acquire Fresh Produce Firm Freshmax Group
Investment manager Roc Partners has agreed to acquire Australian fresh produce maker Freshmax Group, ensuring its “long-term growth.” Previously, Freshmax was owned by a diverse...
Agristo to Establish Its First U.S. Production Facility in North Dakota
European frozen potato products producer Agristo is poised to expand its global footprint by establishing its first production facility in the United States, specifically in...
Valeo Finalizes Acquisition of I.D.C. Holding
Initially announced in September 2024, the acquisition of I.D.C. Holding is now complete. This strategic move will allow Valeo Foods Group to expand its footprint...
TRIBE Secures £2.4 Million in Latest Funding Round
TRIBE has successfully secured funding from Yeo Ventures, Crowdcube, and private investors, which will catalyze the company’s ongoing growth. This strategic financial support aims to...
Alfa Laval Enhances Sustainable Food Initiatives with Investment in a Food Innovation Centre
Alfa Laval’s new state-of-the-art Food Innovation Centre is set to empower clients in the food manufacturing and beverage industries. This facility will provide an opportunity...
2 Sisters Names Paul Friston as Chief Financial Officer
Paul Friston brings over 28 years of experience with M&S, where he has excelled in various financial roles. Notably, he served as the interim chief...