16 February 2021
Kerry intends to acquire Spanish biotechnology company Biosearch Life
Global taste and nutrition company Kerry has unveiled its intention to acquire Spanish company Biosearch Life.
Focus:
Deal News
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16 February 2021
Alternative meat company Redefine Meat raises funds through Series A round
Israeli alternative meat company Redefine Meat has raised $29m through a Series A funding round led by Happiness Capital and Hanaco Ventures.
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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.
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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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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
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
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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5 February 2021
Frontier Nutrition raises funds through Series B round
Bangladesh-based fortified snacks company Frontier Nutrition has raised $6m in Series B financing led by Adjuvant Capital.
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5 February 2021
Tovala raises fresh investment to grow meal delivery business
Meal service provider Tovala has raised $30m in a Series C funding round to accelerate the growth of the meal delivery and food technology business.