Danone intends to sell stake in Yakult

Existing commercial partnerships, including joint-ventures in India and Vietnam remain in placeIn accordance with its continued focus on capital allocation discipline and balance sheet strength, Danone has launched the sale via an accelerated bookbuilding process of its remaining 6.61% stake in Yaku...

Urban Tea acquires 80% equity interests in Guokui Management

Has entered into a share purchase agreementUrban Tea Inc. (MYT), a premier retailer of specialty teas and baked goods based in Hunan, China, has announced that it has entered into a share purchase agreement, pursuant to which the Company agreed to pay $400,000 in cash to acquire 80% o...

World’s first edible insect protein company to launch IPO

Ento is an early stage alternative protein company specializing in farming, food technology and distributing edible insects (crickets and larvae) for human consumptionEnto, a Malaysia-based alternative protein company has announced the launch of its equity crowdfunding campaign (ECF) via Fundne...

Amber Beverage acquires 100% of Australian distributor

ABG has taken over full ownership of the company as part of its strategy to become a multinational beverage companyEuropean firm Amber Beverage Group (ABG) has acquired 100% of Think Spirits, Australia’s leading family spirits distribution business, which has, despite the challenges of Covid-1...

SilverConnect to launch dysphagia friendly meals online

Dysphagia, or the difficulty to swallow, is more common in older people and often results from nerve or muscle problemsSilverConnect, a medical nutrition startup creating specialized food solutions for people with dysphagia, announced that it closed a Seed financing round led by Heritas Capital Mana...

Califia Farms completes Iconic $ 225 million financing

This funding provides Califia Farms, a leading plant-based beverage and food company, with long-term capital and global support to continue its rapid expansion and disruption in the ready-to-eat dairy and coffee markets worth $ 1,000 billionCalifia Farms ®, a leading independent plant-based...

World Bank raises awareness for food loss in Japan

More than 800 million people around the world are suffering from hungerThe World Bank (International Bank for Reconstruction and Development, IBRD rated Aaa/AAA) has launched Sustainable Development Bonds totaling $500 million. The Norinchukin Bank, a national-level financial institution for agricul...

SATS gains full ownership of JV with BRF for S$17M

This acquisition is in line with SATS’ vision to feed and connect AsiaSATS Ltd., Asia’s leading provider of Food Solutions and Gateway Services, has announced that it has acquired the remaining 49% shareholding in joint venture company, SATS BRF Food Pte. Ltd. (SBRF) from BRF GmbH (BRF) for ...

Yum China to acquire controlling stake in Huang Ji Huang Group

Expanding its Chinese Dining BusinessYum China Holdings, Inc. has announced that it has entered into a definitive agreement to acquire a controlling interest in the Huang Ji Huang group, a leading Chinese-style casual dining franchise business. Subject to the satisfaction of closing conditions ...

A-Labs announces successful closing of the round of finance

The Company has developed a novel plant-based baby food formula as an alternative to dairy based products that take up the vast majority of the $83 billion-dollar global market.A-Labs has announced the successful closing of the round of finance in collaboration with Canaccord Genuity Inc. for E...

Sino Agro Food files to offer new preferred shares

Company also files for shareholder option to exchange common shares for new preferred sharesSino Agro Food, a company focused on high protein food including seafood and cattle ("SIAF"), has filed forms S-1 and S-4 with the SEC relating to the offering of a new class of preferred shares. The transact...

Yokogawa, Sensire collaborate for Cold Chain monitoring

Sensire Ltd. offers a full range of specialized temperature monitoring solutions mainly for the cold chain.Yokogawa Electric Corporation and Finland-based Sensire Ltd. announce that they have reached an agreement for Yokogawa to take a €6 million stake in Sensire and to begin collaborating...

Atlantic Natural Foods formalizes distribution agreement with Freedom Foods Group Limited

The announcement comes just days after one of the UK’s top five supermarkets, Morrisons, became the first major retailer in the United Kingdom to stock TUNO, the brand’s plant-based, canned seafood alternative.One of the world’s leading producers of plant-based protein products, Atlantic N...

NZ Coastal Seafoods to list on ASX

Coastal Seafoods has grown revenues and EBITDA since its founding.Coastal Seafoods, a New Zealand-based processor, distributor and exporter of premium seafood products, is seeking to list on the Australian Securities Exchange by way of a reverse takeover of xTV Networks Limited. ...

Aleph Farms secures US$12M

The injection of capital will allow Aleph Farms to accelerate product development of its slaughter-free meat and to transform Aleph’s prototype (released last December) into a commercial product. Aleph Farms, co-founded by The Kitchen Hub, the first company to grow real meat cuts directly from cat...

Planet Green enters into an agreement to acquire Xianning Bozhuang Tea Products

Pursuant to the Share Exchange Agreement, the Company will issue an aggregate of 1,080,000 shares of common stock of the Company to the Sellers in exchange for the transfer of all of the equity interest of the Target to the Subsidiary. Planet Green Holdings Corp. has announced that the Company ...

AAK Invests in its China facility to expand its nutrition, bakery sector

The investments, estimated at approximately SEK 300 millionEighteen months after inaugurating its production facility in Zhangjiagang, China, AAK has decided on some significant add-on investments to increase capacity and support volume growth for, in particular, its Special Nutrition and Baker...

Thailand biotech firm raises Pre-Series A funding from 500 Startups

JuiceInnov8 has closed a pre-Series A funding led by 500 Startups, making the total amount raised (including Seed Round and grants) at US$1.2M to dateThailand based JuiceInnov8, a Bangkok based deeptech startup in food biotechnology space, has closed a pre-Series A funding led by 500 Startups (500 D...

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