Focus:
Canadian plant-based meat manufacturer Modern Meat has signed a distribution co-manufacturing agreement with the California-based Real Vision Foods (Real Vision) to further expand its product presence in the US market.
Italian confectionery group Ferrero has decided to build its first North American chocolate manufacturing plant in Bloomington, Illinois.
Anglo-Dutch consumer giant Unilever has set a target of €1bn ($1.18bn) in annual sales from plant-based meat and dairy alternatives over the next five to seven years.
US-based craft ice cream manufacturer High Road has reached an agreement to acquire the former Three Twins plant in Sheboygan, Wisconsin.
Confectionery company Mars has finalised an agreement to purchase KIND North America, the manufacturer of Kind snacking bars.
Kraft Heinz Canada has announced that it will restart production of Heinz Ketchup at its Mont Royal factory in Montreal.
Canadian plant-based food manufacturer Modern Meat has completed the acquisition of vegan snack brands from JDW Distributors in a $450,000 deal.
Bahraini investment company Investcorp has agreed to acquire a majority stake in instant cereal and beverage company Viz Branz Holdings from its existing shareholder and CEO Ben Chng.
Swedish vegetable oils and fats producer AAK has unveiled plans to build a new Plant-based Foods Global Center of Excellence within company’s premises in Zaandijk, the Netherlands.
Utz Brands subsidiaries Utz Quality Foods and Heron Holding have signed an agreement with Insignia Capital to acquire snack producer Truco Enterprises for a $480m consideration.
