Focus:
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.
Australian biscuit manufacturer The Arnott’s Group reportedly signed an agreement to acquire a 75% stake in cereals and snacks manufacturer Diver Foods.
Swiss food company Nestlé has revealed its new climate priorities for operations in Europe and the Middle East and North Africa (MENA) region to achieve its 2050 net-zero emissions target.
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.
Food ingredients distributor Azelis has opened its new extraction and distillation plant to produce smoke flavours.
Canada’s pork and poultry meat processor Olymel has decided to make an investment in the Ange-Gardien pork processing plant in Montérégie-Est, Quebec, to expand its production capacity.
Snack and confectionery manufacturer Mondelēz International has unveiled plans to invest £15m ($20.5m) into its Bournville site in the UK.
Bangladesh-based fortified snacks company Frontier Nutrition has raised $6m in Series B financing led by Adjuvant Capital.
Israel-based biotechnology company Future Meat Technologies has secured additional funding of $26.75m from its strategic partners.
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.
