The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Funding & Investments
Fonterra announces NZD 150m investment into facilities in Taranaki, New Zealand
Fonterra is investing a further NZD 150m into its operations, building a new cool store at its Whareroa site in Taranaki, New Zealand.
The Coca-Cola System to invest a further $1bn in Nigeria
The Coca-Cola System in Nigeria has announced plans to expand its investments in Nigeria over the next five years, with a further $1bn.
Veetee Foods to invest $36m in new North Carolina facility, creating 200 jobs
Veetee Foods, a global producer of ready-to-eat rice meals, plans to open a new production facility in Selma, North Carolina, US.
Bimbo Canada to close bakery in Québec City, affecting 141 workers
Bimbo Canada has announced the closure of its Québec City bakery by the end of the year.
Standing Ovation raises €3.75m, names new CEO
French precision-fermented protein start-up Standing Ovation has raised €3.75 million in a Series A+ funding round.
Daily Crunch secures $4m in Series A funding to expand sprouted nut snack line
Daily Crunch, a rapidly growing player in the snack food sector, has successfully closed a $4m funding round led by Launch Tennessee.
Nestlé to establish SAR 270m food plant in Saudi Arabia
The facility, to be built in Jeddah’s Third Industrial City, will represent an investment of SAR 270 million (approx. $72 million).
Elopak invests further $25m to boost capacity at new US plant
Packaging firm Elopak has revealed plans to expand its capacity at its Little Rock production plant in a bid to accelerate growth. The...
RTD cocktail brand MOTH completes £4.6m investment round
British ready-to-drink bar-strength cocktail brand MOTH has closed a £4.6 million investment round led by venture capital firm Beringea.
Cal-Maine Foods injects $6.75m into Crepini JV
Cal-Maine Foods has completed a strategic investment with Crepini, establishing a new egg products and prepared foods joint venture....
Aldi to invest £800m in the UK over the next year
Supermarket giant Aldi has announced plans to invest £800 million over the next year to accelerate its expansion across the UK.
- Page 45














