Dr H.P. Heineken Centre opens mid-2025 HEINEKEN announces the construction of the new Dr H.P. Heineken Centre, a state-of-the-art Research & Development (R&D) Centre in Zoeterwoude, representing an investment of €45 million. The R&D Centre will focus on improving existing products and processes as well as developing new products. Opening[Read More…]
Company News
GURU Organic announces transition from distribution agreement with PepsiCo Canada
The termination occurred to the terms outlined in the agreement with PepsiCo Canada signed in June 2021 GURU Organic Energy Corp. Canada’s leading organic energy drink brand announced that its distribution agreement with The Pepsi Bottling Group (Canada), ULC, a subsidiary of PepsiCo (PepsiCo Canada), will conclude on May 22,[Read More…]
Unilever completes £40Mn investment in UK food factory
This investment follows the completion of a second state-of-the-art factory and enhancements in digital capabilities To support the growth of Unilever’s food business in the UK, a £40 million investment has doubled the total output at Unilever’s Burton food factory over the past three years. This investment follows the completion[Read More…]
Silal signs Musataha agreement with KEZAD to launch innovative AgTech projects
To establish two cutting-edge AgTech initiatives in Al Ain Industrial City focused on sustainable farming and local food production Silal, Abu Dhabi’s leading agri-food and technology company, has signed a Musataha agreement with KEZAD Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic[Read More…]
Paine Schwartz acquires Promix nutrition and supplements brand
This strategic acquisition of Promix aligns with Paine Schwartz’s Health and Wellness core investment theme Paine Schwartz Partners, a global leader in sustainable food chain investing, announced that Paine Schwartz Food Chain Fund VI has successfully acquired Promix LLC, a high-growth brand of high-quality protein mixes, nutritional supplements, vitamins, and[Read More…]
Valante Capital, through Ascend Fund II, acquires stake in American Foods
IDC Network’s Private Equity vertical establishes a strategic partnership with a leading US consumer goods distributor, expanding its reach to over 25 countries Valante Capital, the Private Equity arm of IDC Network—a multi-platform asset manager with $2.2 billion in assets under management announced the acquisition of a significant stake in American Foods,[Read More…]
Westfalia Fruit introduces laser etching on mangoes in Netherlands
The laser project was a collaboration between Westfalia’s capabilities in The Netherlands and Germany to ensure the fruit’s quality and shelf life were preserved Westfalia Fruit announces the launch of laser etching on mangoes. Driven by its Netherlands-based operations, this initiative eliminates the need for individual plastic PLU stickers. After[Read More…]
Mengniu driving development of innovative HMO nutritional ingredients
Mengniu emerge as a pioneer in developing nutritional ingredients, particularly through groundbreaking advancements in HMO technology In August 2024, Synaura Biotechnology a subsidiary of China Mengniu Dairy Company Limited, received GRAS certification from the U.S. Food and Drug Administration (FDA) for its 2′-FL (2′-Fucosyllactose), making it the first and only[Read More…]
Americana and Farm Frites to expand MENA footprint with $100Mn investment
The $100 million investment is a strategic step aligned with the Saudi Vision 2030 plans to diversify the Kingdom’s economy The Agricultural Growth and Processing Company, a subsidiary of Americana Holding for Food Ltd, is set to expand its business operation with a significant $100 million investment (SAR 375 million) in a Greenfield Frozen[Read More…]
Coca-Cola Europacific Partners announces £42.3Mn investment in Wakefield
This funding aims to improve the site’s storage capabilities by constructing a new Automated Storage Retrieval System (ASRS) warehouse Coca-Cola Europacific Partners (CCEP), the world’s largest independent bottler of Coca-Cola, has announced plans for a £42.3 million investment in its manufacturing facility in Wakefield, West Yorkshire. This funding aims to[Read More…]