Focus:
Pairwise has closed its $90m Series B funding round led by Pontifax Global Food and Agriculture Technology Fund, as well as existing investor Deerfield Management Company.
India-based Tata Consumer Products Limited (TCPL) has signed a definitive agreement to acquire 100% equity in Kottaram Agro Foods (KAF), which owns Soulfull, for Rs1.5bn ($28.8m).
Kerry, an Ireland-based taste and nutrition company, has acquired Jining Nature Group, a China-based manufacturer of savoury flavours, seasonings and prepared food markets, for an undisclosed amount.
US-based snacks brand PeaTos has raised $12.5m through Series B round led by cereals and egg supplier Post Holdings.
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.
Israel-based biotechnology company Future Meat Technologies has secured additional funding of $26.75m from its strategic partners.
Italian food company Barilla has strengthened its presence in North America by completing the acquisition of Canada’s Catelli dry pasta business.
US-based International Flavors & Fragrances (IFF) has announced that it will conclude the merger with DuPont’s Nutrition & Biosciences (N&B) business.
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...
US-based diversified food company Flagship Food Group has acquired a majority stake in La Tortilla Factory (LTF), which produces tortillas and authentic Mexican foods.
