12 February 2021
Kraft Heinz agrees to sell nuts business for $3.35bn to Hormel Foods
Kraft Heinz has finalised an agreement to divest its nuts business to Hormel Foods in a $3.35bn cash deal.
Focus:
News
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11 February 2021
New Age Meats raises additional investment for plant-based meat products
US-based cultivated and plant-based meat company New Age Meats (NAM) has secured additional investment in the Seed extension round.
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11 February 2021
Tyson Foods acquires 49% stake in MFM’s poultry business
American meat company Tyson Foods has acquired a 49% stake in the poultry business of Malayan Flour Mills Berhad (MFM), a Malaysian food manufacturing company.
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11 February 2021
Barry Callabaut names PT Sinarniaga Sejahtera as Indonesian distributor
Chocolate and cocoa product manufacturer Barry Callebaut Group has appointed PT Sinarniaga Sejahtera (SNS) as its distributor for Van Houten Professional sustainable compound chocolate products in Indonesia.
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10 February 2021
Arnott’s to acquire stake in Diver Foods to create cereal and snacks unit
Australian biscuit manufacturer The Arnott’s Group reportedly signed an agreement to acquire a 75% stake in cereals and snacks manufacturer Diver Foods.
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10 February 2021
Nestlé outlines climate priorities for operations in Europe and MENA region
Swiss food company Nestlé has revealed its new climate priorities for operations in Europe and the Middle East and North Africa (MENA) region to achieve its 2050 net-zero emissions target.
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10 February 2021
Highview Capital acquires poultry and meat producer Randall Farms
Investment firm Highview Capital has purchased poultry and meat products manufacturer Randall Farms from the family of Stan Bloom.
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9 February 2021
Vietnam culls over 100,000 poultry to contain spread of bird flu
Vietnam has culled more than 100,000 poultry this year to contain the spread of bird flu.
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9 February 2021
Microbiome company Evolve raises funds through Series D round
US-based microbiome company Evolve BioSystems has raised $55m in Series D funding round that was led by food company Cargill and investment firm Manna Tree.
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9 February 2021
Rival Foods and LIVEKINDLY Collective to develop plant-based chicken product
Two plant-based food companies Rival Foods and LIVEKINDLY Collective have entered a partnership to create plant-based chicken.