3 February 2021
Snacks brand PeaTos raises funds through Series B round
US-based snacks brand PeaTos has raised $12.5m through Series B round led by cereals and egg supplier Post Holdings.
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3 February 2021
Hormel Foods closer to deal to acquire Kraft Heinz snack business Planters
Hormel Foods is reportedly closer to a deal to acquire Kraft Heinz’s 100-year-old snack brand Planters for about $3bn, as the former intends to diversify its product portfolio through acquisitions.
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2 February 2021
Future Meat Technologies secures fresh funding to scale up production
Israel-based biotechnology company Future Meat Technologies has secured additional funding of $26.75m from its strategic partners.
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2 February 2021
SunOpta to expand plant-based capacity; close frozen fruit processing unit
Canadian speciality foods company SunOpta is making an undisclosed additional capital investment in a plant-based manufacturing unit in Allentown, Pennsylvania, US, to expand its capacity.
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2 February 2021
Barilla finalises purchase of Catelli dry pasta business in Canada
Italian food company Barilla has strengthened its presence in North America by completing the acquisition of Canada’s Catelli dry pasta business.
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1 February 2021
IFF to conclude merger with DuPont’s Nutrition and Biosciences business
US-based International Flavors & Fragrances (IFF) has announced that it will conclude the merger with DuPont’s Nutrition & Biosciences (N&B) business.
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1 February 2021
Huon Aquaculture secures licence to begin operations in Western Australia
Australia’s aquaculture and food processing company Huon Aquaculture has received a permit to begin aquaculture operations in Western Australia’s (WA’s) Mid-West Aquaculture Development Zone.
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1 February 2021
Smithfield Foods to reduce sugar and sodium by 10% across portfolio by 2025
Smithfield Foods, a US-based pork producer and food-processing company, is aiming to lower sugar and sodium levels by 10% across its product portfolio and embrace clean labelling by 2025.
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29 January 2021
Nestlé expands Aero range with Aero Dark & Milk
Nestlé has expanded its Aero range with the addition of Aero Dark & Milk chocolate in the UK.
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29 January 2021
Manulife Investment concludes stake acquisition in fruit exporter DDC
Manulife Investment Management’s Hancock Natural Resource Group (HNRG) has wrapped up the acquisition of a majority stake in Chilean fruit exporter David Del Curto (DDC), on behalf of its third-party...