NETHERLANDS: Questions over future of Recipeweb.com, with funding scarce
By just-food.com editorial team | 23 January 2001
The soufflé has sunk at Dutch dotcom Recipeweb.com , after it revealed that the necessary next round of funding, totalling €2.5m, is not forthcoming, and the online recipe publisher was facing bankruptcy. Recipeweb.com organised investment commitments totalling €1.5m, but without the remaining dough the company cannot keep afloat. A deadline of 28 February was given to find the funds after a court granted temporary protection from creditors earlier this month.
just-food articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
The soufflé has sunk at Dutch dotcom Recipeweb.com , after it revealed that the necessary next round of funding, totalling €2.5m, is not forthcoming, and the online recipe publisher was facing bankruptcy. Recipeweb.com organised investment commitments totalling €1.5m, but without the remaining dough the company cannot keep afloat. A deadline of 28 February was given to find the funds after a court granted temporary protection from creditors earlier this month.
- Unlimited access to all the latest global food news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-food market research
- Plus much more
If you’re already a member, login here
More articles related to this one
USA: Nestlé USA names new chairman and CEO
Nestlé USA, part of Swiss food giant Nestlé, has announced that Brad Alford has been named chairman and chief executive officer of Nestlé USA, effective 1 January 2006.
INDIA: PepsiCo expands into Indian breakfast cereal market - report
Frito-Lay India, the Indian snacks division of US giant PepsiCo, is set to launch several Quaker breakfast cereal brands onto the Indian market by the end of the year.
USA: Nestlé introduces two new Drumstick flavours
Dreyer's Grand Ice Cream, the US ice cream unit of Swiss food giant Nestlé, has introduced two new Drumstick ice cream cone flavours - Mint and Peanut Butter Fudge.
