Aim to become one of the largest health science companies in Asia-Pacific Japan-based Kirin Holdings Company Limited (Kirin Holdings) has decided to acquire additional shares of common stock of FANCL Corporation (FANCL) through a tender offer and share warrants under the Financial Instruments and Exchange Act to make FANCL a[Read More…]
Finance
Plant-based meat company Tender closes $11Mn series A funding
Its latest partnership with Clover Food Lab brought Tender products to all Clover locations in May 2024 Tender Food Inc., a food technology startup based in Somerville, Massachusetts, has successfully closed over $11 million in Series A funding. Led by Rhapsody Venture Partners, with existing investors Lowercarbon Capital and Safar[Read More…]
Investing in sustainable and resilient agrifood systems required for APAC: ADB
Identifying rural development and food security as an operational priority under ADB’s Strategy 2030 was appropriate given the needs of its developing member countries The Asian Development Bank (ADB) needs to prioritise building resilient and sustainable agrifood systems to achieve its objective of becoming a major contributor towards food security[Read More…]
Müller acquires Yew Tree Dairy
Müller plans to significantly invest in the capacity and capabilities of the Skelmersdale milk-drying site Müller has reached an agreement to acquire Yew Tree Dairy. Yew Tree Dairy, which is based in Skelmersdale, West Lancashire, is a family-owned dairy company producing fresh milk and cream. Following significant investment in recent[Read More…]
Nissin Foods acquires Korean Gaemi Food
The Korean confectionery brand, Kemy, will be added to the Group’s portfolio, further enriching its non-noodle business Nissin Foods Company Limited has announced that the Group, as the purchaser, and the Vendor have entered into a Share Purchase Agreement. This agreement pertains to the acquisition of 100 per cent equity[Read More…]
Mondelēz to invest $5Mn in biscuits and baked snacks category in Singapore
The Lab and Innovation Kitchen will serve as a strategic Centre of Excellence and regional hub driving creative development and innovation in the biscuits and baked snacks category Mondelēz International announced the inauguration of its Regional Biscuit and Baked Snacks Lab and Innovation Kitchen in Singapore, reaffirming its commitment to[Read More…]
Kelpi secures £4.3Mn funding to take seaweed packaging to market
The funds will be used to advance manufacturing pilots and gain regulatory approval for proprietary coatings for paper and cards as well as continue a commercial roll-out which has already seen us win R&D contracts with global leaders like L’Oréal, Diageo, and Waitrose Kelpi has secured £4.35 million in investment[Read More…]
Valeo Foods Group acquires Italian bakery Dal Colle
Dal Colle provides a highly complementary addition to Valeo’s expanding Italian platform and operations Valeo Foods Group, one of Europe’s leading producers of quality sweets, treats and snacks, has completed the process of acquiring assets of a renowned Italian producer of high-quality bakery products, Dal Colle. With a history and[Read More…]
Italy’s Newlat Food to acquire Britain’s Princes Group
Princes’ head office is based in the UK (Liverpool) supported by a presence across continental Europe, managed by The Netherlands International food and drink group Princes announces that Italian-based Newlat Food S.p.A (Newlat) intends to acquire the entire Princes Group (Group) from Mitsubishi Corporation, encompassing all current operations and brands[Read More…]
Sirio sees surging revenues driven by rapidly rising international sales
Overall turnover has risen to $508m [€469m] during 2023 – up 42.87 per cent year-on-year Sirio Pharma (SIRIO) the global nutraceutical contract development and manufacturing organisation (CDMO) announces record revenues at Vitafoods Europe with international sales reaching near parity with domestic revenues for the first time. The CDMO, which is among the largest[Read More…]
