Nestlé bolsters North American coffee business with acquisition of Seattle’s Best Coffee This transaction is part of Nestlé’s focus on driving sustained profitable growth in the coffee category and strengthens the Global Coffee Alliance by allowing both companies to focus on their core strengths. Seattle’s Best Coffee’s approachable line of[Read More…]
Mergers & Acquisition
Pizza Hut Partners with Beyond Meat™ to Launched Plant-Based Meat Pizza in Asia
Pizza Hut Singapore, the nation’s leading pizza restaurant, is once again breaking new ground with the launch of Cheesy 7 Beyond™ Supreme, a plant-based version of one of its best-selling creations – the Cheesy 7 Pizza. Pizza Hut partnership with Beyond Meat™, a leader in plant-based meat, the Cheesy 7 Beyond™[Read More…]
Equinom, AGT Foods collaborate to create plant-based protein ingredients
Equinom and AGT Foods reached an agreement to accelerate the development, validation and commercialization of co-branded functional ingredients produced from Equinom ultra-high protein yellow pea varieties. Equinom, the food tech company on a mission to cultivate better food from the ground up, and AGT Food and Ingredients Inc. (AGT), one[Read More…]
NewFish with Sophie’s Bionutrients to Accelerate Innovation in Microalgae
This collaboration will span global value chains, including shared research and development, co-development of microalgae strains, ingredients supply for manufacturing, and commercializing new food and alternative dairy solutions. Sophie’s Bionutrients and NewFish®, two pioneers in the field of microalgae protein fermentation, with the support of New Zealand-based marine research powerhouse, Cawthron[Read More…]
McCain acquires Netherlands-based frozen foods brand Scelta Products
Scelta Products’ plant assets will be integrated into McCain’s product network, creating increased production capacity to accelerate global prepared appetizer growth throughout European and international markets. McCain continues to look for opportunities to grow and invest with acquisitions that align with its business values and global leadership position. Scelta Products[Read More…]
Fonterra tail off their India Joint Venture
Fonterra and Future Consumer Limited have agreed to wind down their 50:50 India joint venture – Fonterra Future Dairy. The joint venture was established in 2018 and has 22 employees, all of which will receive appropriate entitlements. Despite this, the joint venture has delivered some important initiatives, including the launch[Read More…]
