8 August 2019
Canada and Nova Scotia to invest in fish and seafood sector
The Governments of Canada and the Province of Nova Scotia have agreed to finance projects in the fish and seafood sector.
Focus:
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7 August 2019
Fonterra intends to slash stake in China’s Beingmate
New Zealand-based dairy co-operative Fonterra is planning to divest its stake in the China-based baby food manufacturer Beingmate Baby & Child Food Company.
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7 August 2019
Marfrig and ADM agree to produce plant-based Burgers in Brazil
Marfrig Global Foods has signed an agreement with Archer Daniels Midland Company (ADM) to produce and sell vegetable protein-based products in Brazil.
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7 August 2019
Mondelēz to launch under 100-calorie confectionery range
Mondelēz International has announced plans to introduce chocolate and biscuit products that are under 100 calories to counter the childhood obesity crisis.
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6 August 2019
S CAP invests in two food and beverage firms
US-based venture capital firm S CAP has invested an undisclosed amount in Wild Friends Foods and Cusa Tea.
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6 August 2019
Highlander Partners acquires pork rinds producer Evans Food
US-based middle-market private investment firm Highlander Partners, through its newly-formed food platform Benestar Brands, has acquired pork rinds producer Evans Food Group from Wind Point Partners.
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6 August 2019
1-800-Flowers.com to acquire Shari’s Berries brand
US-based gourmet food and floral gift provider 1-800-Flowers.com has won a bid to acquire certain assets of the gourmet food business of FTD Companies.
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5 August 2019
Nestle to invest $100m to set up factory in Gujarat, India
Swiss multinational food and drink processing conglomerate Nestlé is planning to build a facility in India to expand the production capacity of its Maggi noodles at Sanand in Gujarat.
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2 August 2019
TreeHouse Foods divests snacks division to Atlas Holdings
US-based packaged foods manufacturer TreeHouse Foods has completed the divestiture of its snack nuts and trail mix business to Atlas Holdings for $90m.
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2 August 2019
Audax acquires stake in food products provider Stonewall Kitchen
Audax Private Equity has acquired a controlling stake in speciality food products provider Stonewall Kitchen from Centre Partners.