Category: Food Industry News

Royal DSM to acquire Norwegian ingredient manufacturer Vestkorn Milling

businessnewstoday- November 30, 2021 0

Dutch science-based company Royal DSM has agreed to acquire Vestkorn Milling, a Norwegian producer of pea- and bean-derived ingredients for plant-based protein products, for €65 ... Read More

General Mills to divest European dough businesses to Cérélia

businessnewstoday- November 28, 2021 0

US food company General Mills has agreed to divest its European dough businesses to Cérélia, a provider of ready-to-bake dough solutions, for an undisclosed price. ... Read More

Estonia-based Gelatex raises €1.2m for cell-cultured meat technology

businessnewstoday- November 27, 2021 0

Gelatex Technologies, an Estonia-based producer of nanofiber materials, has secured €1.2 million in a seed round for developing cell-cultured meat. The seed round was led ... Read More

US food tech company GrubMarket bags $200m in Series E round

businessnewstoday- November 17, 2021 0

American food tech company GrubMarket has bagged $200 million in a Series E funding round that has taken its valuation to more than $1.2 billion. ... Read More

Hershey’s to buy Dot’s Pretzels and pretzel manufacturer Pretzels

businessnewstoday- November 15, 2021 0

US confectionery giant Hershey Company (Hershey's) has agreed to acquire Dot's Pretzels, the owner of Dot's Homestyle Pretzels, and its partner manufacturer and distributor — ... Read More

PlantPlus Foods to acquire plant-based food firms Sol Cuisine and Hilary’s

businessnewstoday- November 15, 2021 0

PlantPlus Foods, a US-based provider of plant-based protein products, has signed separate agreements to acquire Sol Cuisine and DEW Drink Eat Well (Hilary’s). Sol Cuisine ... Read More

Ireland-based Nomadic Dairy to be acquired by BiaVest and Development Capital

businessnewstoday- November 13, 2021 0

BiaVest, a specialist food investment group, and Development Capital have agreed to jointly acquire Nomadic Dairy based in Ireland in a deal worth up to ... Read More

George Weston to sell Weston Foods fresh and frozen bakery businesses to FGF Brands

businessnewstoday- November 13, 2021 0

George Weston, a Canadian food processing company, has agreed to divest the fresh and frozen bakery businesses of Weston Foods for CAD 1.2 billion ($956 ... Read More

GS Foods acquires Connecticut-based food distributor Thurston Foods

businessnewstoday- November 13, 2021 0

GS Foods Group, a US-based specialized food distributor owned by affiliates of Highview Capital and A&M Capital Partners, has acquired Thurston Foods for an undisclosed ... Read More

Canada-based Above Food to acquire Atlantic Natural Foods for $30m

businessnewstoday- November 13, 2021 0

Above Food Corp., a Canadian plant-based food company, has agreed to acquire Atlantic Natural Foods for over $30m in an all-cash deal, as per an ... Read More