Focus:
Saudi-based dairy conglomerate Almarai has signed a sales purchase agreement with Alamar Foods to acquire 100% of Premier Foods shares for SAR108m ($28.7m).
Global health and nutrition company Royal DSM has agreed to increase its stake in China’s speciality food ingredient manufacturer Andre Pectin from 29% to 75%.
US-based spices and seasoning manufacturer McCormick is collaborating with information technology company International Business Machines (IBM) to use artificial intelligence (AI) for developing new flavour and food products.
Hedge fund firm Paulson & Co has increased its total interest in UK-based Premier Foods from 7% to 11.9%.
Agrifoods International Cooperative’s subsidiary Organic Meadow Limited Partnership has acquired GreenSpace Brands’ Rolling Meadow Dairy brand excluding the egg business.
US-based company MycoTechnology has secured $30m in a Series C funding round from a group of investors to fuel growth.
US-based Church Brothers Farms has acquired Growers Express’ commodity vegetable business for an undisclosed sum.
US-based Dole Food has completed the sale of two Saba Fresh Cuts businesses, fulfilling a condition put by the European Commission (EC) for Irish fresh fruit and veg producer Total...
Swiss food and drink company Nestlé has acquired FERRI PRO technology, which is developed by New Zealand scientists to allow the company to address iron deficiency.
US-based Tomi Environmental Solutions has entered a global co-marketing and supply agreement with Arkema to develop the market for Tomi’s Fogging Technology, SteraMist, for food safety applications.
