Focus:
Functional ingredients manufacturer BENEO has announced a €50m ($56m) investment in its Wijgmaal rice starch plant in Belgium to increase the production capacity by 50% to meet the growing demand...
Swiss meat processor Bell Food Group has unveiled its plans to increase its investment in the Dutch start-up Mosa Meat, which is engaged in the production of cultured beef.
Mother Dairy has reportedly forayed into India’s ice cream chocolate market by introducing two flavours under the Rocket brand.
US-based Animal-free dairy protein-make Perfect Day has secured $50m in additional funding to extend its Series C funding round to $300m.
Swiss multinational food and drink processing conglomerate Nestlé renamed its Garden Gourmet plant-based burger from ‘Incredible Burger’ to ‘Sensational Burger’.
GrubMarket has further strengthened its food supply chain in the US with the acquisition of Growers Produce and Cali Fresh Produce.
The Chinese Government has suspended imports from five Brazilian meat processing plants as part of its Covid-19 protective measures.
The European Bank for Reconstruction and Development (EBRD) has agreed to provide financial assistance to Ukraine’s Grain Alliance Group to support its operations affected by the Covid-19 pandemic.
UK-based Vibrant Foods has announced the acquisition of Cofresh Snack Foods (CSF), a manufacturer of Indian and healthy snacks.
Kerry Group, the Ireland-based food ingredients and branded food businesses, has appointed Nick Robinson as CEO of its consumer-facing division.
