March 4, 2024 | Australia

Nestlé’s factory in Australia to get $32Mn boost for Milo

The investment will upgrade the Milo manufacturing line introducing state-of-the-art manufacturing technology to the factory and supporting an increased production capacity  Nestlé Australia has announced a $32 million investment in its Smithtown…

February 29, 2024 | Company News

Vegan Food acquires German Tofutown

The latest acquisition is Vegan Food Group’s first since it was rebranded as a new development out of its initial company, VFC Foods Vegan Food Group has agreed to acquire Tofutown,…

February 28, 2024 | Company News

Oishii raises $134Mn series B to expand distribution network

Oishii aims to make vertical farming mainstream in the United States and is the only vertical farm in the country that sells strawberries year-round Vertical farming startup Oishii has raised…

February 26, 2024 | Europe

ADB, Credo sign deal to promote food security in Georgia

ADB’s financing will provide long-term local currency funding to support Credo The Asian Development Bank (ADB) and Credo Bank have signed a loan of 65 million lari ($25 million). The…

February 20, 2024 | Australia

Fonterra plans to merge New Zealand and Australian brands

The integration will take effect on May 1, 2024. René Dedoncker, Fonterra Australia’s managing director, will lead the new Fonterra Oceania team Fonterra, the dairy cooperative, plans to merge its…

February 19, 2024 | Beverages

Turkish Coca-Cola to acquire Coca-Cola Bangladesh Beverages

The acquisition will involve CCI acquiring all CCBB shares at a net value of $130 million, or over Tk 1,400 crore Turkish beverage company Coca-Cola Icecek (CCI) has recently signed…

February 12, 2024 | Company News

BRITA SE Germany acquires innovative hydration company LARQ 

Experts in drinking water optimization continue international expansion into North American consumer business under the LARQ brand BRITA SE, one of the world’s leading companies in the field of drinking…

February 12, 2024 | Company News

Nestlé announces sell of Nordic premium culinary brands to Solina

The transaction is expected to close end of March following an information process with employees where required Nestlé announces an agreement to sell its Nordic Professional Premium Culinary business, which…

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…