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Floura secures $1m financing to transform fibre market
JPC, an asset-based lending firm dedicated to women-led businesses, has closed a $1mn line of credit to Floura, a next-gen fibre company founded by Jeni Britton.
Starboard Value takes stake in Keurig Dr Pepper amid JDE Peet's acquisition
Activist investor Starboard Value has taken a stake in KDP, coinciding with its announcement of plans to acquire coffee maker JDE Peet's for approx. $18bn.
Carlsberg Britvic invests £20m in Rugby factory expansion, creating 34 jobs
In a move to bolster production capabilities, Carlsberg Britvic has announced a £20 million investment in a new soft drinks canning line at its Rugby factory.
Climax Foods rebrands to Bettani Farms, announces new CEO and $6.5m funding raise
Alt-dairy start-up Climax Foods has rebranded to Bettani Farms; has appointed former Califia Farms CFO, Sandeep Patel, as CEO and chairman; and has raised $6.5 million in Series A funding.
Anheuser-Busch invests $7.4m in Los Angeles brewery to fuel Michelob Ultra production
Anheuser-Busch has announced a new $7.4 million investment in its brewery in Los Angeles, California, to increase production of its Michelob Ultra beer and other brands.
The Original Baker expands production capacity with multi-million pound investment from Olidor Group
The Original Baker has announced a significant expansion at its North Malton, UK, facility, bolstered by a multi-million pound investment from Olidor Group.
Mars to invest €1bn in EU manufacturing and innovation by 2026
This investment builds on the €1.5bn that Mars has invested in EU manufacturing over the past five years, and reflects its focus on sustainability, resilience and innovation.
