The move by Pip & Nut comes as the brand looks to deepen and strengthen its existing commitments to ethical and sustainable sourcing, starting with its nut-butter cups and continuing with any new chocolate product it makes UK’s fastest-growing, all-natural, nut-based butter and snack brand, Pip & Nut has announced[Read More…]
Europe
DKSH extends life science business in Portugal by acquiring Euroingredientes
Euroingredientes represents a portfolio of around 30 suppliers and offers a great opportunity for DKSH to further expand its life science business in Europe Through the acquisition of Euroingredientes, DKSH Performance Materials secures a well-established business with more than 20 years of experience as a reliable supplier, offering a unique[Read More…]
Constellation Cold Logistics enters Danish market with agreement to acquire Agri-Norcold A/S
Agri-Norcold owns and operates 10 facilities strategically positioned near major food production hubs, import/export points, and major cities ensuring efficient transportation and logistics flows Constellation Cold Logistics, a leading European cold storage and logistics provider, announced today that it has agreed to acquire Agri-Norcold A/S (Agri-Norcold). The transaction brings Constellation’s[Read More…]
FAO and EU sign 47 million euro programme to enhance food security in Eastern Africa
The programme is expected to directly benefit more than 100,000 households across Ethiopia, Kenya, Somalia, South Sudan, Sudan, Tanzania, and Uganda The Food and Agriculture Organization of the United Nations (FAO) and the European Union (EU) have signed a four-year 47 million euro programme designed to strengthen the resilience of[Read More…]
Ferrero-related company to acquire Nonni’s Bakery
Nonni’s Bakery has leveraged its premium biscotti expertise rooted in its Italian heritage to become a leading biscotti company in the US A Ferrero-related company, CTH Invest SA, announced that it has agreed to acquire Nonni’s Bakery from Vestar Capital Partners, a leading U.S. middle-market private equity firm. Founded in[Read More…]
Podravka and Fortenova group sign agreement for acquisition of Belje, PIK Vinkovci and Vupik
The transaction is valued at 333 million euros and Podravka will finance this acquisition through loans from commercial banks Following the successful conclusion of negotiations, Podravka and Fortenova group signed a sale and purchase agreement for the purchase of Fortenova group’s agricultural segment, which includes Belje, PIK Vinkovci, Vupik, Energija[Read More…]
Ireland launches £46million scheme to support agri-food and drink processors
The capital investment will assist companies in adopting greener technologies, aligning with our net-zero targets. Importantly, it also aims to boost the sector’s productivity Conor Murphy, Economy Minister of Ireland has announced the launch of a £46 million Agri-Food Investment Initiative to support local agri-food and drink processors. The initiative,[Read More…]
IFarm to develope robotic vertical farm in Switzerland
The vertical farm will have a 1,031 m² cultivation area and will produce green crops, amounting to several tonnes of ultra-fresh greens per month UAE-based, iFarm, a technology company enabling IT-driven farming in controlled environments, announced the start of the construction of a vertical farm with its technologies in Switzerland. The[Read More…]
China to investigate 3 EU pork processors’ alleged dumping practices
All three companies selected for investigation are among the largest pork processors in Europe China will be conducting detailed examinations of three major European pork processors as part of its recently announced investigation into alleged “dumping practices of pig products” on the Chinese market. The companies being investigated are Danish[Read More…]
NoPalm Ingredients secures € 5Mn to scale up palm oil alternative
The investment will accelerate the company’s mission to provide a local, circular and sustainable solution for the global palm oil market NoPalm Ingredients, the pioneering Dutch biotechnology company producing yeast oils, announced the successful closure of a € 5 million Seed funding round. The funding round was led by Rubio[Read More…]
