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…]
Finance
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…]
SALIC acquires Ukraine’s poultry producer MHP
MHP announced that SALIC purchased 13.51 million of its global depository receipts (GDRs) in the market Saudi Agricultural and Livestock Investment Co. (SALIC), a wholly-owned subsidiary of the Public Investment Fund (PIF), has acquired a 12.6 per cent stake in Ukraine-based poultry producer MHP. MHP announced that SALIC purchased 13.51[Read More…]
Hero Group acquires Deliciously Ella
Deliciously Ella founders Ella Mills and Matthew Mills, who is CEO, will remain with the company as they lead the next stage of growth The Hero Group, which is on a mission to delight consumers by conserving the goodness of nature, announces the addition of an important member to its[Read More…]
Agroberries and BerryWorld Group merge operations
The combined company will annually market approximately 150,000 tonnes of blueberries, strawberries, raspberries, and blackberries Agroberries, a prominent producer, marketer, and distributor of berries, has announced the acquisition of BerryWorld Group Holdings Limited, the largest marketer of berries in Europe. This transaction is a significant milestone in the industry and[Read More…]
