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The French group said its move for Liverpool-based Protein Works “marks a new step” in its strategy.
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London-listed Applied Nutrition said the acquisition “significantly enhances” the group’s footprint in North America.
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Spices and seasonings maker McCormick is in the throes of combining with Unilever’s food assets.
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“We think that maintaining our current outlook is the right approach at this stage of the year and appropriately reflects near-term dynamics” – interim CEO Jeffrey Ettinger.
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In a stock exchange filing, the Ukrainian food group said it will buy 70% of Nitsiakos in three stages.
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The £2m ($2.69m) funding was raised in a Series A round led by British investment firm Guinness Ventures.
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Is the EU prepared to slide back on packaging laws that have been heralded as world-leading?
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The Fresh Produce Consortium said cost burdens will switch to non-EU goods imports with an estimated extra impact of £300m ($402.5m).
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