Newly Weds Foods has announced the acquisition of Mullins Food Products. Newly Weds Foods, Inc. has announced the acquisition of Mullins Food Products, a leading sauce supplier in the U.S. The company was established in 1934 and currently operates out of its facility in Broadview, Illinois. Mullins Food Products manufactures[Read More…]

Tyson, through its venture capital group, said its investment in Tovala opens the door to new ways of meeting consumer demand. Terms of the deal were not disclosed. Tyson Foods has announced that they have invested in Tovala, the maker of smart steam ovens that pair with ready-to-cook home delivered[Read More…]

The decision to significantly increase investments was approved at a meeting in London by Arla Foods’ board of directors, which consists mainly of elected farmer owners. The company will invest in expanded and improved production capacity as well as innovative technology. To meet the growing global demand for its products,[Read More…]

This is Ripple’s largest capital infusion and brings the two-year-old company’s total funding to $110 million. Goldman Sachs Group Inc recently participated in a $65 million investment in Ripple Foods Inc. The startup is involved in making a milk-like drink from yellow peas. The investment, which was led by Euclidean Capital, includes[Read More…]

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…]