The fund will be used to set up a manufacturing facility for plant-based chicken in SingaporePlant-based food-tech company Shandi has closed its second seed round led by Singapore-headquartered Tolaram – one of Africa’s largest packaged food companies. Other investors in this round include A...
Angel Yeast has established itself as a leader of the industry, becoming the third-largest yeast company in the world. Angel Yeast Co., Ltd a listed high-tech yeast company in China, announces its first-half fiscal year 2021 financial and business results ending June 30, 2021.
Highlights of t...
The company ranked 474th on the 2021 "Fortune Global
500" listWH Group Limited is pleased to announce that the Company ranked 474th on the 2021 "Fortune Global 500" list. It achieved global operating income of USD 25.6 billion in 2020. The Company also ranked 65th on the "Fortune China 500" list th...
The firm will use this investment to innovate, scale and grow its operations internationallyAleph Farms, the Israel-based cultivated meat company growing steaks directly from non-genetically modified animal cells, has announced the completion of a $105 million Series B funding round.
The ...
Olam Holdings has successfully completed the annual refinancing of its European revolving credit facility aggregating US$375 millionOlam International is a leading food and agri-business supplying food, ingredients, feed and fibre to 17,300 customers worldwide
Leading global food and agri-business...
The sale of the JV farms is unconditional and requires no further regulatory approvalsNew Zealand-based Fonterra has agreed to the sale of its two joint venture farms in China.
The farms in Shandong province will be sold to Singapore-based AustAsia Investment Holdings for $115.5 million. Fonterra, ...
Next Meats sell out their stock of the world’s first plant based Japanese barbecue meats, the NEXT Yakiniku Short-Ribs.Next Meats, an alternative meat venture from Tokyo that launched their E-Commerce sho in the U.S., has just sold out their stock of the world’s first plant based ...
Better Juice will use the investment to build its first full-scale manufacturing plantBetter Juice, Ltd., the first company to reduce all sugars from natural juices, announces it has raised US$8M in seed-round investment. This new influx of support was led by iAngels, Israel and includes investors: ...
3 SQUARE is preparing for the next round of fundraising to accelerate an expansion of 300 brands in the 3 SQUARE ecosystems across Southeast and North Asia3 SQUARE - a digital foodhall network and virtual restaurant group - has announced that it has successfully raised an oversubscribed seed round o...
Youran’s IPO offering size totaled approximately HKD5.0 billion giving Youran a total market value of HKD26.5 billion (US$3.4 billion) upon listing in hong kongChina Youran Dairy Group Limited, China’s largest integrated upstream dairy player by revenue, debuted on the Hong Kong Stock ...
Eastroc Beverage recently marked a major milestone and entered a new and exciting chapter with its successful initial public offering. Eastroc Beverage (Group) Co., Ltd., a China-based company principally engaged in the R&D, production and sales of beverages, recently marked a major milesto...
Following the transaction, Primavera will have a royalty-free perpetual and exclusive license of the Mead Johnson brand in Greater ChinaPrimavera Capital Group has signed a definitive agreement with Reckitt Benckiser Group plc, a world’s leading consumer health, nutrition, and hygiene company, to ...
To produce Bear Brand liquid milk and ready-to-drink beveragesNestlé has broken ground on the construction of a new factory in Batang, Indonesia. The factory will create about 200 new jobs in the Central Java province and will produce Bear Brand liquid milk and ready-to-drink bevera...
The facility is expected to add approximately 280 full-time positionsUS based Lamb Weston Holdings, Inc. has announced an expansion of french fry processing capacity in China and the declaration of its quarterly dividend.
“The french fry category is poised for growth globally, and China conti...
The company has entered fast-growing premium and well-being cracker segmentMondelēz International has recently announced that it has entered into an agreement to acquire Gourmet Food Holdings Ptd. Ltd, a leading Australian food company with a strong position in the attractive premium biscuit and cr...
Mengniu is a leading Chinese manufacturing and distribution company of dairy productsAs part of its ongoing portfolio review, Danone has announced that it has reached an agreement with COFCO Dairy Investments Limited (CDI), to convert Danone&rsq...
This investment extends Tate & Lyle’s presence in specialty tapioca-based texturants Tate & Lyle PLC, a leading global provider of food and beverage ingredients and solutions, has signed an agreement to acquire an 85% shareholding in Chaodee Modified Starch Co., Ltd. (CMS), a well-established ...
Sold its Deep South brand and associated ice cream operations to Talley’s for an undisclosed sumNew Zealand based Dairyworks Limited, a subsidiary of Synlait Milk Limited (Synlait), has sold its Deep South brand and associated ice cream operations to Talley’s Group for an undisclosed sum, ef...
