February 7, 2024 | Company News

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…

February 7, 2024 | Company News

UK’s Complete Food acquires SK Foods and Zorba Foods

The two food businesses are category leaders in private-label chilled party foods and dips and deli fillings, with a combined turnover of over £160m and over 1,150 employees The Complete…

February 6, 2024 | Company News

Ingredion completes sale of business in South Korea

The Company will work closely with the Sajo Group to ensure a smooth transition for all stakeholders Ingredion Incorporated, a leading global provider of ingredient solutions to the food and…

December 26, 2023 | Company News

Finnest invests $65 Mn in Kitchens@  

Kitchens@ has played a pivotal role in shaping the landscape of the cloud kitchen segment in India Kitchens@, a leading powerhouse in the dynamic cloud kitchen industry, announced the successful acquisition…

December 20, 2023 | Company News

FGen AG gets funding for sustainable milk protein production project

The EIC has tapped FGen and partners to work on developing a sustainable, alternative approach to milk production using only CO2 and electricity FGen AG, a subsidiary of Ginkgo Bioworks, based in Switzerland,…

December 18, 2023 | Company News

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…

December 15, 2023 | Finance

ADB supports Lao’s response to food security challenges

ADB supported the Ministry of Agriculture and Forestry in raising $10 million in grant financing from the global agriculture and food security program The Asian Development Bank (ADB) signed a…

December 12, 2023 | Company News

Union Bank of Philippines and S&R launch Co-branded credit card

A co-branded credit card that will make grocery shopping, dining, and lifestyle spending more rewarding Union Bank of the Philippines (UnionBank) has teamed up with S&R, the largest membership-only grocery chain in…

December 4, 2023 | Finance

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…

November 21, 2023 | Company News

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…