The two parties committed to a smooth transition for the benefit of all stakeholders Trident Seafoods and Pacific Seafood jointly announced that they have reached an agreement in principle for Pacific to acquire Trident’s Kodiak processing operations. The companies are currently completing the due diligence process and expect to finalise[Read More…]
Finance
Mondi completes €95 Mn investment to boost efficiency at Świecie mill
The completion of this project marks a milestone for Mondi Świecie Mondi, a global leader in sustainable packaging and paper, has recently completed a €95 million investment at its Świecie containerboard mill, which will increase kraft liner capacity by 55,000 tonnes. The upgrade comprises an extensive rebuild of PM2 and[Read More…]
Mondi to acquire Western Europe packaging assets of Schumacher Packaging
The Acquisition comprises seven corrugated converting plants, two solid board mills and four solid board converting plants Mondi plc, announced that it has agreed to acquire the German, Benelux and UK corrugated converting and solid board operations of Schumacher Packaging. This Acquisition will expand Mondi’s corrugated footprint in Western Europe[Read More…]
Aldi plans to invest £30Mn in dairy farming
The investment will enable Aldi to support Arla’s FarmAhead Customer Partnership, a new initiative aimed at supporting farmers’ ongoing efforts to drive reductions in on-farm emissions Aldi has announced plans to invest over £30 million in dairy farmers over the next three and a half years, through an enhanced partnership with[Read More…]
Lesaffre acquires Biorigin
This deal aims to leverage Lesaffre’s and Biorigin’s complementary capabilities to enable enhanced yeast derivative and savoury ingredient solutions for customers worldwide Lesaffre, an independent key global player in fermentation and microorganisms, announced the acquisition of a majority stake in Biorigin, a business unit of Zilor, a multinational company producing[Read More…]
Future Salad secures series A funding from DL Securities
Future Salad’s innovative approach to nutrition and sustainability aligns perfectly with our investment strategy Hong Kong-based, Future Salad, a leading food technology company, recently announced the successful completion of its Series A funding round in September 2024. The company raised $5 million, bringing its valuation to $50 million. The investment[Read More…]
Nissin Foods plans to acquire 100% equity in ABC Pastry in Australia
The announcement stated that the acquisition provides the group with a prime opportunity to enter the Australian frozen food market Nissin Foods announced the company (as the buyer) entered into a share purchase agreement with the sellers (Gaoyang Family and Min Investments). Under the share purchase agreement, the sellers conditionally[Read More…]
AB Kauno Grūdai increases investment in breadcrumb factory
The investment was planned as early as 2022 and has since grown 1.5 times AB Kauno Grūdai, a subsidiary of AB Akola Group, has increased its investment in the breadcrumb factory, which it plans to build in Kėdainiai. The company, which has one breadcrumb coatings factory in the Kaunas region,[Read More…]
Evolution Capital Partners acquires Crandall Corporate Dietitians
This acquisition aligns with Evolution Capital Partners’ mission to enhance its portfolio companies’ capabilities and market reach Evolution Capital Partners announced the latest milestone in its growth strategy with the acquisition of Crandall Corporate Dietitians by its portfolio company, DiningRD. This strategic acquisition marks a significant expansion for DiningRD and[Read More…]
Mondelēz to acquire Evirth in China
Evirth, a leading manufacturer of cakes and pastries in China Mondelēz International announced that it has signed an agreement to acquire a significant majority stake in Evirth, a leading manufacturer of cakes and pastries in China, subject to customary closing conditions, including regulatory approval. The move represents an important step[Read More…]
