30 March 2021
Ebro Foods to divest dry pasta brand Ronzoni to 8th Avenue Foods
Ebro Group’s Riviana Foods has agreed to sell its dry pasta brand Ronzoni to 8th Avenue Foods & Provisions for a $95m consideration.
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30 March 2021
LIVEKINDLY Collective raises $335m to fund global growth
Plant-based food company LIVEKINDLY Collective has raised $335m to support its business expansion in the US and China.
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30 March 2021
Nomad Foods to acquire Fortenova’s frozen food business for $723m
UK-based Nomad Foods has agreed to acquire Fortenova Group’s Frozen Food Business Group (FFBG) for a $723m (€615m) aggregate consideration on a debt-free, cash-free basis.
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29 March 2021
Agrana acquires fruit preparations business from Japan-based Taiyo Kagaku
Austrian food company Agrana has expanded its presence in the Asian market with the acquisition of fruit preparations business from Japan-based Taiyo Kagaku Co.
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29 March 2021
Australia provides manufacturing fund for food and beverage sectors
The Australian Government has announced that the $993m (A$1.3bn) Modern Manufacturing Initiative (MMI) is now open to support the local food and beverage manufacturers.
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26 March 2021
Lamb Weston to build $250m french fry processing facility in China
Frozen potato products producer Lamb Weston will make a $250m investment to expand its french fry processing capacity in China.
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25 March 2021
Louis Dreyfus to divest business and asset of Imperial Sugar
Louis Dreyfus Company (LDC) has signed a definitive agreement to sell the business and assets of Imperial Sugar to Florida-based agri-business U S Sugar.
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24 March 2021
Dutch cultivated meat producer Meatable raises $47m in fresh funding
Cultivated meat producer Meatable has raised $47m in a Series A funding round to enhance its portfolio with beef products and support its next phase of growth.
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24 March 2021
General Mills to sell European Yoplait business stake to Sodiaal
General Mills has agreed to sell its 51% stake in its European Yoplait operations to French dairy cooperative Sodiaal in exchange for full ownership of the Canadian Yoplait business.
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24 March 2021
Eat Just raises $200m to boost capacity and drive R&D
Plant-based eggs and cultured meat product producer Eat Just has secured $200m in a new funding round led by the Qatar Investment Authority (QIA).