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 European Bank for Reconstruction and Development (EBRD) is supporting the development of Mongolia’s agribusiness sector, which employs almost one-third of the[Read More…]
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 LLC have signed a $20 million (equivalent in Mongolian togrog) loan to support nomadic herders by integrating them into the[Read More…]
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 has doubled the total output at Unilever’s Burton food factory over the past three years. This investment follows the completion[Read More…]
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 Food Chain Fund VI has successfully acquired Promix LLC, a high-growth brand of high-quality protein mixes, nutritional supplements, vitamins, and[Read More…]
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 IDC Network—a multi-platform asset manager with $2.2 billion in assets under management announced the acquisition of a significant stake in American Foods,[Read More…]
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 of Sadia, Perdigão and Qualy brands, announces the acquisition of a modern processed foods plant in Henan province, China. The[Read More…]
PepsiCo to acquire full ownership of Sabra and Obela
Enables PepsiCo to accelerate innovation in refrigerated fresh dips and spreads to meet growing consumer demand PepsiCo announced its agreement to acquire the remaining 50 per cent interest in Sabra Dipping Company, LLC (Sabra) and PepsiCo-Strauss Fresh Dips & Spreads International GmbH (Obela) and become the sole owner of these companies, which[Read More…]
Circus SE to extend AI-solutions with acquisition of Campo Group
This planned acquisition aims to further extend Circus’s AI and automation capabilities by fully integrating the Campo technology into Circus’s AI-based operating system Circus, a leading technology company in AI and autonomous robotics for the food service sector, announces the signing of a term sheet for the acquisition of Campo[Read More…]
Arnott’s Group acquires New Zealand’s three food brands
The newly acquired brands are well-known in New Zealand’s nutritional snack market, providing a variety of products such as muesli bars, baked slices, nuts, and snack mixes The Arnott’s Group announced it acquired three well-known New Zealand brands—Mother Earth, Flemings, and VP—from food manufacturer Prolife Foods Limited. The newly acquired[Read More…]
Meatable welcomes strategic investment from Thailand’s Betagro
This partnership is a landmark achievement as Betagro becomes the first meat company in Asia to invest in Meatable Meatable, the pioneering cultivated meat technology company dedicated to creating sustainable, real meat without harming animals announced a strategic investment from Betagro Ventures, the corporate venture capital arm of one of[Read More…]
