This planned acquisition aims to further extend Circus’s AI and automation capabilities by fully integrating the Campo technology into Circus’s AI-based operating system Circus, a leading technology company in AI and autonomous robotics for the food service sector, announces the signing of a term sheet for the acquisition of Campo[Read More…]
Finance
Arnott’s Group acquires New Zealand’s three food brands
The newly acquired brands are well-known in New Zealand’s nutritional snack market, providing a variety of products such as muesli bars, baked slices, nuts, and snack mixes The Arnott’s Group announced it acquired three well-known New Zealand brands—Mother Earth, Flemings, and VP—from food manufacturer Prolife Foods Limited. The newly acquired[Read More…]
Meatable welcomes strategic investment from Thailand’s Betagro
This partnership is a landmark achievement as Betagro becomes the first meat company in Asia to invest in Meatable Meatable, the pioneering cultivated meat technology company dedicated to creating sustainable, real meat without harming animals announced a strategic investment from Betagro Ventures, the corporate venture capital arm of one of[Read More…]
Arla Foods acquires Volac Whey Nutrition business
The acquisition gives Arla Foods Ingredients a significant additional quantity of whey, helping it meet a growing market need Arla Foods Ingredients is moving forward with its acquisition of Volac’s Whey Nutrition business after it was approved by the UK’s Competition and Markets Authority. The regulator’s go-ahead followed an agreement[Read More…]
Refresco acquires Frías, enhancing plant-based beverage portfolio
This acquisition complements Refresco’s existing operations in Spain and significantly expands its capabilities in the plant-based drinks sector Refresco, the global independent beverage solutions provider for retailers and global, national, and emerging (GNE) brands in Europe, North America, and Australia, announces the successful closing of its acquisition of Frías Nutrición[Read More…]
ADB, Araz sign $10.5Mn deal to sustain food security in Azerbaijan
The loan will enable Araz to expand its dry warehouse and open new stores in and around Baku, including in underserved areas The Asian Development Bank (ADB) and Araz Supermarket LLC, a member of the Veyseloglu group, have signed a financial package of up to $10.5 million to help the[Read More…]
Israel’s Phytolon secures investment from Rich Products Ventures
The funds will be used to further commercialise and scale Phytolon’s natural, precision-fermented food colourants Phytolon, an Israeli biotech/food tech startup that produces natural food colours using precision fermentation, recently secured an investment from Rich Products Ventures (RPV), the corporate venture capital fund of global, family-owned food company Rich Products (Rich’s), to help drive[Read More…]
Lakeview Farms expands into yoghurt category
Lakeview acquires the noosa yoghurt brand from Campbell Soup Company Lakeview Farms, a portfolio company of CapVest Partners LLP (CapVest) announced it has entered into a definitive agreement to acquire the noosa yoghurt brand from Campbell Soup Company. noosa is a leading manufacturer and marketer of premium whole-milk, Australian-style yoghurt[Read More…]
Kerry Group sells consumer dairy business to Kerry Co-Operative Creameries
Kerry Dairy Ireland consists of Dairy Consumer Products, with its leading range of well-loved brands across cheese, cheese snacks, dairy snacks Kerry Group announces that it has agreed with Kerry Co-Operative Creameries Limited to sell Kerry Dairy Holdings (Ireland) Limited (Kerry Dairy Ireland) to the Co-Op (the Disposal) for a[Read More…]
Thai Union to achieve $7Bn revenue and double earnings in six years
Strategy 2030 is pivotal to the Company’s vision of becoming the world’s leading marine health and nutrition company Thai Union Group PCL, announced Strategy 2030, its ambitious roadmap to achieve significant growth. This includes boosting net sales growth to $7.0 billion by 2030 from $3.9 billion in 2024, and increasing[Read More…]
