18 September 2020
Infarm raises $170m in funding round to expand vertical farming network
Germany-based startup Infarm has raised $170m in a Series C funding round to expand its urban vertical farming network across the world.
Focus:
Deal News
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18 September 2020
Peak Rock affiliate acquires bars and snacks manufacturer Halo Foods
US-based private equity firm Peak Rock Capital’s affiliate has completed the acquisition of healthy bars and snacks manufacturer Halo Foods, headquartered in Newport, Wales, UK.
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17 September 2020
Cargill wins judicial action to acquire soy processing facility in China
Global food company Cargill has reportedly acquired a Chinese soy processing facility via a judicial auction by placing a final bid of CNY421m ($62.1m).
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17 September 2020
Phytolon secures funding for natural food colour technology
Israel based company Phytolon has raised $4.1m in a funding round for its fermentation-based technology to manufacture plant-based food colours.
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16 September 2020
GrubMarket completes acquisition of Fresh Tex Produce
GrubMarket has accelerated its expansion strategy in the US with the purchase of Texas-based fresh fruits and vegetable provider Fresh Tex Produce.
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16 September 2020
Kraft Heinz to divest natural cheese business for $3.2bn
US-based food company Kraft Heinz has entered a definitive agreement with a US affiliate of Groupe Lactalis to divest its natural, grated, cultured and speciality cheese businesses for $3.2bn.
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15 September 2020
Bettera Brands acquires assets of soft chew supplier Nutravail
Highlander Partners’ portfolio company Bettera Brands has announced the acquisition of all the assets of US-based soft chew supplier Nutravail.
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14 September 2020
Meat-Tech to acquire cultured fat products developer
Bioprinting-based industrial-scale cultivated meat production technologies developer Meat-Tech 3D has signed a letter of intent (LoI) to acquire 100% of an undisclosed company that develops cultured fat products.
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10 September 2020
Pure Foods Tasmania to acquire Daly Potato Company in Australia
Australia’s Pure Foods Tasmania (PFT) has signed a heads of agreement (HOA) to acquire the business and assets of Daly Potato Company.
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9 September 2020
Universal Corporation to acquire vegetable and fruit processor Silva
Agri-products supplier Universal Corporation has signed a definitive agreement to acquire US-based speciality dehydrated vegetable, fruit and herb processing company Silva International in a $170m deal.