July 29, 2024 | Company News

Podravka and Fortenova group sign agreement for acquisition of Belje, PIK Vinkovci and Vupik

The transaction is valued at 333 million euros and Podravka will finance this acquisition through loans from commercial banks Following the successful conclusion of negotiations, Podravka and Fortenova group signed…

July 27, 2024 | Europe

Ireland launches £46million scheme to support agri-food and drink processors

The capital investment will assist companies in adopting greener technologies, aligning with our net-zero targets. Importantly, it also aims to boost the sector’s productivity Conor Murphy, Economy Minister of Ireland…

July 25, 2024 | Company News

BranchOut Food announces $3.925Mn CEO-led investment

The capital will be used to complete the build-out of the Company’s large-scale production facility in Peru BranchOut Food, a leading food technology company specialising in dehydrated fruit and vegetable-based…

July 17, 2024 | Australia

Pernod Ricard to sell international strategic wine brand to Australian Wine Holdco

Pernod Ricard will sell its wine division to a player of global scale, with a route to market solely dedicated to the wine industry Pernod Ricard (Paris: RI) announced the…

July 17, 2024 | Beverages

Coca-Cola HBC secures $130Mn loan to boost investment in Egypt

The loan will be complemented by a grant of $750,000 from the Global Environment Facility (GEF) to promote the implementation of advanced wastewater treatment technology and water management systems in…

July 10, 2024 | Beverages

Jayson Woodbridge acquires Madrigal Winery facility

This acquisition marks the third significant expansion in the last four years for Fortunate Son Wines Jayson Woodbridge, founder and owner of Hundred Acre Wine Group, has acquired Napa Valley’s historic Madrigal Winery. The…

July 8, 2024 | Beverages

Swiss dairy group Emmi to acquire Mademoiselle Desserts

This move will enhance Emmi’s dessert portfolio with French-inspired desserts that are widely available in bakery departments and the catering sector, creating a comprehensive range with high innovation potential The…

July 2, 2024 | Company News

Novo Holdings invests in MATR Foods expansion in plant-based fungi food

The new financing will enable MATR to scale up its production capacity to meet a growing demand from both existing and new customers Novo Holdings announced an initial investment in…

July 2, 2024 | China

RBI acquires Popeyes China plans to accelerate growth 

RBI has agreed to acquire the Popeyes China business from Tims China on a cash-free debt-free basis based on an enterprise value of $15M Restaurant Brands International Inc. announced two transactions…

June 24, 2024 | Beverages

Spanish Idilia Foods acquires 50% shares of Cacaolat

The operation will allow joint management of reference brands such as Cacaolat, Laccao, ColaCao Energy, ColaCao Shake and Okey, consolidating the solid position of both companies in the dairy shake…