Funding is made through the Agriculture and Food Research Initiative, which seeks to address challenges in food and agricultural sciences through research, extension, and education opportunities. USDA’s National Institute of Food and Agriculture, an equal opportunity lender, provider and employer has announced support for Early Concept Grants for Exploratory Research[Read More…]

SuperMeat is being backed by the U.S.-based venture capital fund New Crop Capital and mission-oriented VC firm Stray Dog Capital, in addition to the strategic investment from PHW, one of Europe’s largest poultry producers. An Israeli biotech and food-tech startup, SuperMeat that develops lab-made chicken meat has raised $3 million[Read More…]

The acquisition is an important milestone in the declared growth strategy for further expanding food processing activities for the world’s leading process solutions and components group for sophisticated production processes. GEA has purchased a supplier of extrusion and milling technology for processing all kinds of fresh and dried pasta, pelleted[Read More…]

The 6 billion yen ($53.2 million) poultry processing facility is slated to debut in October in an industrial park in the central province of Saraburi. Mitsubishi Corp. intends to open a plant in Thailand to fry, steam and freeze chicken for export to Japan and elsewhere, under a joint venture with[Read More…]

Rami Levi also received a two-year option to increase its stake to 50.01 percent. Rami Levi, one of Israel’s leading supermarket chains, has agreed to buy 20 percent of coffee and snack chain Cofix Group at a company valuation of 105 million shekels ($30 million). Founded in 2013 by businessman Avi[Read More…]

The sales process is robust and the Swiss KitKat maker expects to reach a sale in the first quarter of 2018. Nestle is expected to sell its U.S. confectionery business in the first quarter of 2018, following a review launched earlier this year as part of efforts to improve performance[Read More…]

Hershey Co has plans to gain a firmer footing in the fast-growing market for healthy snacks.  Hershey Co has plans buy SkinnyPoppopcorn maker Amplify Snack Brands in a deal valued at $1.6 billion, including debt, to gain a firmer footing in the fast-growing market for healthy snacks. Amplify Snack owns brands such as SkinnyPop popcorn[Read More…]

Nestle is buying Atrium from a group of investors led by private-equity firm Permira Funds. The Swiss food and beverage giant, Nestle is planning to expand into vitamins and supplements by buying Atrium Innovations for $2.3 billion. Canada-based Atrium Innovations makes Garden of Life gummy vitamins, protein powder and protein[Read More…]

The company aims to expand the market share in Singapore first. Japanese food company Toho has bought two Southeast Asian firms, one in Singapore and the other in Malaysia, to expand its business overseas in pursuit of medium- to long-term growth. The food product wholesaler and retailer company has acquired Shimaya[Read More…]

The company is said to be driven by strong sales performance, with the gross profit increasing by 19% to HK$1,922 million. Hong Kong-listed soy milk and tofu manufacturer Vitasoy has acquired sustained growth and recorded an increase of 21% in revenue to HK$3,646 million for its interim results ended 30th[Read More…]