Production ramp-up of robotic hamburger cooking solution ‘Alpha Grill’ to begin in early 2024 Aniai, a fast-growing robotic company and global leader in innovative kitchen solutions, has successfully secured a $12 million pre-Series A funding round. Led by InterVest, one of the largest venture capital firms in South Korea, the round includes investments[Read More…]
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Ayana Bio and Wooree Green Science partner to develop plant-cell-derived saffron
New 7-figure joint development agreement will overcome agricultural supply chain constraints and make key ingredients more accessible Ayana Bio, the plant cell technology company dedicated to creating sustainable bioactive for consumer products, announced a seven-figure joint development agreement with Wooree Green Science, a subsidiary of Wooree Bio, to develop plant cell-derived saffron[Read More…]
CELSIUS expands to Canada, UK and Ireland
CELSIUS and PepsiCo expand distribution arrangement to include Canada Celsius Holdings, Inc., maker of energy drink brand CELSIUS®, announced its expansion into new international markets, growing the company’s global sales and distribution footprint to provide energy to more consumers in Canada, the United Kingdom and Ireland. “We’re pleased to grow CELSIUS in new markets[Read More…]
Plukon Food acquires Spanish poultry firm Redondo
Plukon and Redondo both have a strong focus on quality and performance Plukon Food Group B.V. (Plukon) has reached an agreement for the 100 per cent acquisition of Redondo, an integrated poultry company located in the region of Madrid. Redondo is a second-generation family-owned business that has been active in[Read More…]
IFF and Bellona partners to restore Norwegian seaweed forests
The collaboration on the Norwegian Marine Restoration (NoMaRe) project aims to restore 5,000 square kilometres of seaweed forest by managing invasive sea urchin predation IFF a global leader in food and beverage, home and personal care and health, announced its partnership with environmental non-governmental organisation (NGO) Bellona in a long-term[Read More…]
Korean kimchi exports hit record-high up by 7% in 2023
An agricultural ministry official stated that kimchi exports experienced a significant surge, primarily because of the increased popularity of K-content South Korea set a new record for kimchi exports in 2023. This increase can be attributed to the rising popularity of Korean entertainment content worldwide. According to data from the[Read More…]
Vietnam’s rice exports reach a record 8.3 million tonnes in 2023
ASEAN and China remain the two largest markets for Vietnamese rice According to data from Vietnam’s Ministry of Agriculture and Rural Development, the national rice production in 2023 reached 43.5 million tonnes, a 1.9 per cent increase. This was attributed to a 10,600-hectare expansion (0.1 per cent increase) and a[Read More…]
QuantaSing unveils private label Chinese baijiu brand YUNTING
Craft liquor fermented through ancient methods locks in rich taste; available online just in time for Chinese New Year QuantaSing Group Limited a leading online learning service provider in China, announced the introduction of its first private-label Chinese Baijiu brand, YUNTING. YUNTING is crafted in a core production facility located in[Read More…]
Mikkeller and Carlsberg announce distribution partnership
In this partnership agreement, Carlsberg will acquire 20 per cent of Mikkeller, while Founder and CEO Mikkel Bjergsø will maintain the controlling interest and continue in his role as CEO Mikkeller and Carlsberg announced that they have entered into a distribution partnership to increase the availability of Mikkeller’s beer in[Read More…]
Duas Rodas acquires German company for expansion in Europe
The transaction is part of a new growth cycle for Duas Rodas, a company that is about to celebrate its 100th anniversary, with headquarters in Jaraguá do Sul, Brazil Duas Rodas, a Brazilian multinational producer of flavours, botanical extracts and ingredients for the food and beverage industry, has just acquired 100 per cent[Read More…]
