The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Mergers & Acquisitions
Investindustrial to buy significant portion of TreeHouse Foods’ meal prep division
European investment group Investindustrial has agreed to acquire a significant portion of TreeHouse Foods' meal preparation business for $950m.
Alternative protein company All G Foods secures AUD 25m
All G Foods, an Australian alternative protein company, has announced it has secured AUD 25m (approximately $17.7m) in a Series A raise.
Cooke acquires Belgian shrimp processor Morubel
Canadian seafood company Cooke has acquired Belgian shrimp processor Morubel from independent investment company Bencis Capital Partners.
Premium Brands buys two protein companies for CAD 86.5m
Premium Brands Holdings has announced the acquisitions of protein companies King’s Command and Golden Valley Farms in its second-quarter results.
Lion sells UK operations to Odyssey Inns
Kirin Holdings subsidiary Lion has announced the sale of its UK operations, including the Magic Rock and Fourpure brands, to Odyssey Inns.
Boisson raises $12m in seed round
US non-alcoholic beverage retailer, Boisson, has raised a $12m seed round, which was co-led by Connect Ventures and Blue Scorpion Investments.
Katjes International buys panettone producer Paluani
Katjes International, a German confectionery company, has acquired Italian panettone producer, Paluani, after it filed for bankruptcy last year.
Snacks help drive 8.7% net sales growth for Kellogg in Q2
Kellogg Company has posted Q2 net sales growth of 8.7% to $3.86bn, driven by positive price/mix and momentum in snacks, noodles and cereal.
Afresh raises $115m in Series B funding round
US fresh food technology provider, Afresh, has raised $115m in a Series B funding round led by venture capital business, Spark Capital.
Tyson Foods breaks ground on $180m expansion project at Illinois facility
Tyson is investing $180 million to expand its Caseyville, Illinois, plant by 170,000 square feet. The expansion will also create more than 250 new jobs.
Louis Dreyfus opens soy liquid lecithin plant in Indiana
Louis Dreyfus Company Agricultural Industries has announced the opening of its new soy liquid lecithin facility in Claypool, Indiana, US.
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