Finance

Netherlands’ Dawn Foods announces acquisition of Royal Steensma

The acquisition includes four manufacturing plants in The Netherlands, a manufacturing facility in Thailand, and continued involvement with the Food Innovation Academy (FIA) education centre in The Netherlands Global bakery manufacturer and ingredients supplier Dawn Foods announced the acquisition of Royal Steensma, a renowned family-owned bakery ingredients manufacturing company headquartered in Leeuwarden, The Netherlands. Royal Steensma has[Read More…]

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Chobani acquires La Colombe

Chobani financed the acquisition through the combination of a newly issued $550 million term loan, cash on hand and the exchange of Keurig Dr Pepper’s (KDP) minority equity stake in La Colombe into Chobani equity Chobani, LLC a next-generation food and Beverage Company originally known for its high-quality Greek yogurt, announced that it has[Read More…]

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Gates Foundation announces partnership with UAE to accelerate action to strengthen food systems

Together, they made new commitments totalling $200 million in response to immediate and long-term threats to food security and nutrition caused by climate change The Bill & Melinda Gates Foundation joined the United Arab Emirates (UAE) to accelerate the development of innovations that will help smallholder farmers in sub-Saharan Africa and South Asia build resilience and[Read More…]

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Zespri unveils ZAG, innovation funding initiative for sustainable future

The $2 million annual fund will propel initiatives to help shape a thriving world through the goodness of kiwifruit Zespri, the world’s largest kiwifruit marketer with over $2.5 billion in revenue announced the establishment of an innovation funding initiative, known as ZAG. Powered by its purpose – to help people, communities and the environment around the world thrive[Read More…]

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