The investment will enable Aldi to support Arla’s FarmAhead Customer Partnership, a new initiative aimed at supporting farmers’ ongoing efforts to drive reductions in on-farm emissions Aldi has announced plans to invest over £30 million in dairy farmers over the next three and a half years, through an enhanced partnership with[Read More…]
Tag: investment
Eurofins Scientific expands with acquisition and innovations in 2024
The acquisition of Infinity enhances Eurofins’ portfolio in BioPharma Product Testing and Medical Device Testing services Eurofins Scientific (EUFI.PA) recently acquired Infinity Laboratories, Inc. (Infinity). Infinity operates eight state-of-the-art laboratories across the United States and employs approximately 100 staff. The company offers microbiology, chemistry, sterilisation, and package testing to pharmaceutical,[Read More…]
Valio invests over EUR 60 Mn in Finland plant
Construction work will begin in the summer of 2024, and the new production line is expected to be commissioned in the spring of 2026 Food company Valio is investing over EUR 60 million in the cheese production process at the Lapinlahti plant in Finland. The investment includes an expansion of[Read More…]
Reef Saudi invests in honey sector aims to increase honey production
The program has set an ambitious target of producing 7,500 tonnes of honey each year by 2026 The Sustainable Agricultural Rural Development Program “Reef Saudi” has made a significant investment in the honey sector of Saudi Arabia. Since 2020, the program has allocated SAR140 million in support, which has benefited[Read More…]
Australia’s CSIRO invests $20 million to drive SME innovation
The funding will allow CSIRO’s SME Connect team to support up to 750 SMEs through a range of programs and initiatives that provide facilitation, training, dollar-matched funding and support to start-ups and SMEs seeking to engage in company-led research projects Australia’s national science agency, CSIRO, has announced a $20 million[Read More…]
Singapore’s Apical invests $1 Bn to expand palm oil products in Dumai, Riau
This move is expected to expand the company’s distribution network and contribute to the growth of the Indonesian economy Singapore-based Apical, a leading vegetable oils processor with an expanding global footprint, has announced that it has invested $1 billion in Dumai, Riau to boost the production of its value-added products in Indonesia. The investment, which commenced[Read More…]
Primient commits $700Mn investment for plant-based future
Primient’s investment strategy is already working to drive purposeful modernisation in critical production assets and processes, ensuring the highest quality, most reliable production for decades to come Primient, a leader in plant-based food and industrial ingredient production has announced capital investment exceeding $700 million across the company’s operational footprint. Celebrated[Read More…]
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 factory, which manufactures Milo – bringing investment in the site to approximately $80 million in the last decade. The investment will upgrade[Read More…]
Indian FMCG brand Dabur makes additional investment of Rs 9.68 B in Nepal
For capacity enhancement and diversification of products Indian fast-moving consumer goods (FMCF) company Dabur has decided to make an additional investment of Rs 9.68 billion in Nepal. The Investment Board Nepal and Dabur Nepal have signed a Memorandum of Understanding for the construction, operation, and management of capacity building and[Read More…]
Korean firm CJ CheilJedang strategically invests in US-based startup Aqua Cultured Foods
Global plant-based seafood market is projected to reach $1.3 billion by 2031 US-based food tech startup Aqua Cultured Foods has raised $5.5 million in seed funding to bring its ultra-realistic seafood alternatives to market. The round was led by Stray Dog Capital, a venture capital fund specialising in alternative protein[Read More…]
