December 9, 2024 | Beverages

SHS Drinks expands portfolio with acquisition of Shandy Shack

This new partnership promises to step-change Shandy Shack’s already strong current growth, helping it to better reach the 40 per cent of adults seeking to moderate their alcohol consumption with…

December 9, 2024 | Finance

EDB reveals AED 1.12 billion in financing to cultivate UAE’s food security

EDB’s participation underscores its dedication to empowering agritech businesses and driving sustainable food production in line with the UAE’s National Food Security Strategy 2051 Emirates Development Bank (EDB), the key…

December 3, 2024 | Beverages

TreeHouse Foods acquires Harris Tea

The acquisition includes Harris Tea’s manufacturing facilities in Moorestown, NJ and Marietta, GA TreeHouse Foods announced that it has signed a definitive agreement to acquire certain subsidiaries that operate the…

December 3, 2024 | Beverages

Carlsberg completes acquisition of remaining shares in Carlsberg South Asia

The total purchase price for the acquired shareholdings in CSAPL and GBPL amounts to $ 744 million, of which approximately $ 50 million will be settled through a set-off Carlsberg…

December 3, 2024 | Beverages

EBRD supports expansion of Mongolia’s APU Dairy

As part of the project, APU Dairy will work to improve the climate change resilience of more than 1,700 local farmers who are supplying raw milk to the company The…

November 29, 2024 | Finance

ADB, APU Dairy sign $20 Mn loan to strengthen Mongolia’s dairy sector

The project will boost Mongolia’s dairy supply and strengthen its food security through domestic milk sourcing and domestic processing of dairy products The Asian Development Bank (ADB) and APU Dairy…

November 29, 2024 | Company News

Unilever completes £40Mn investment in UK food factory

This investment follows the completion of a second state-of-the-art factory and enhancements in digital capabilities To support the growth of Unilever’s food business in the UK, a £40 million investment…

November 28, 2024 | Company News

Paine Schwartz acquires Promix nutrition and supplements brand

This strategic acquisition of Promix aligns with Paine Schwartz’s Health and Wellness core investment theme Paine Schwartz Partners, a global leader in sustainable food chain investing, announced that Paine Schwartz…

November 28, 2024 | Company News

Valante Capital, through Ascend Fund II, acquires stake in American Foods

IDC Network’s Private Equity vertical establishes a strategic partnership with a leading US consumer goods distributor, expanding its reach to over 25 countries Valante Capital, the Private Equity arm of…

November 25, 2024 | China

BRF acquires processed foods plant in China

The new production unit is scheduled to begin operations under BRF management in the first quarter of 2025 BRF, one of the largest food companies in the world and owner…