usdas-national-institute-of-food-and-agriculture-announces-support-to-speed-up-the-development-of-crop-varieties

January 12, 2018 | Finance

USDA’s National Institute of Food and Agriculture announces support to speed up the development of crop varieties

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…
lab-made-meat-startup-supermeat-raises-3-million-in-seed-funding

January 8, 2018 | Finance

Lab-made meat startup SuperMeat raises $3 million in seed funding

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…
gea-acquires-italian-pavan-group

January 8, 2018 | Finance

GEA acquires Italian Pavan Group

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.…
mitsubishi-to-enter-in-a-jv-with-local-food-company

January 5, 2018 | Finance

Mitsubishi to enter in a JV with local food company

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…
rami-levi-to-acquire-20-of-cofix-coffee

January 2, 2018 | Finance

Rami Levi to acquire 20% of Cofix coffee

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…
nestle-to-sell-us-chocolate-biz

December 22, 2017 | Finance

Nestle to sell US chocolate biz

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…
hershey-to-acquire-amplify-snack

December 19, 2017 | Finance

Hershey to acquire Amplify Snack

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,…
nestle-to-expand-into-vitamins-and-supplements

December 6, 2017 | Finance

Nestle to expand into vitamins and supplements

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…
toho-buys-two-southeast-asian-firms

December 4, 2017 | Finance

Toho buys two Southeast Asian firms

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…
revenues-rise-for-hong-kong-based-vitasoy

December 1, 2017 | Finance

Revenues rise for Hong Kong based Vitasoy

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…