November 3, 2023 | Company News

Britannia registers strong profit growth in Q2’24

The sales growth over last year is 1 per cent, the 24-month growth is 23 per cent. Britannia’s Operating Profit stood at Rs 801 Crs, growing 21 per cent over…

November 2, 2023 | Beverages

TCPL earns Rs359 crore net revenue in Q2, revenue up by 11%

Starbucks, the globally renowned beverage brand owned by Tata, reported a robust revenue growth of 14 per cent for the quarter Tata Consumer Products Ltd. (TCPL) recorded a net profit…

October 13, 2023 | Australia

Breakthrough Victoria to invest in Australia’s Eden Brew animal-free dairy

Breakthrough Victoria’s investment is part of a $24.4 million Series A investment round, which includes Main Sequence Ventures, Orkla, Digitalis Ventures, Possible Ventures and Radar Ventures Breakthrough Victoria will invest…

October 11, 2023 | Africa

IFC and OCP launch an agri-finance platform for sustainable food systems

The new platform will build and support sustainable food production and distribution systems in Africa IFC and OCP Group, the world’s largest phosphate-based fertiliser producer launched an agri-finance platform to…

October 10, 2023 | Company News

Wanda Fish raises $7M in seed funding for pilot production of cultivated bluefin tuna

Netherlands-based aquaculture investment fund Aqua-Spark led the round, joined by additional investors The Kitchen Hub, Peregrine Ventures, PICO Venture Partners, MOREVC, and CPT Capital Israel-based FoodTech start-up Wanda Fish Technologies, Ltd.,…

August 29, 2023 | Beverages

Aboitiz Equity Ventures to acquire Coca-Cola Philippines

The proposed deal will strengthen CCEP’s global presence as the largest Coca-Cola bottler in terms of revenue and volume, following its recent expansion into Australia, Pacific & Indonesia Coca-Cola Europacific…

August 25, 2023 | Company News

Subway announces sale to Roark Capital

The transaction combines Subway’s global presence and brand strength with Roark’s deep expertise in restaurant and franchise businesses Subway announced that it has entered into a definitive agreement to be acquired…

August 23, 2023 | Company News

Abe Yus Malaysia advances with expansion via Pre-Franchise Program

Abe Yus Malaysia has garnered renown for its delectable ‘Kari Puffs’ from grab-and-go food carts, establishing itself as a frontrunner in the Malaysian F&B landscape Abe Yus Malaysia, a distinguished…

August 8, 2023 | Australia

Grants open for wine and cider producers in Australia

The program provides funding of up to $100,000 to wineries and cellar door operators who grow and promote agri-tourism Applications for the fifth round of Australia’s Wine Tourism and Cellar…

August 7, 2023 | Beverages

Nestlé announces organic growth of 8.7%

Nestlé reports half-year results for 2023 In its half-year market report for 2023, Nestlé announced impressive organic growth of 8.7 per cent, with pricing alone accounting for 9.5 per cent…