Kraft Heinz to buy Turkey sauces firm Assan Foods
The US giant has snapped up one of its co-manufacturers.
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Foods with function – health and wellness is alive and well in US
Covid has led consumers to seek out more foods and beverages offering functional benefits.
Sweden’s Humble Group continues M&A push
The acquisitive Swedish firm has snapped up another business.
Cherkizovo to invest in new pork and poultry plants in Russia
Russian meat processor Cherkizovo is investing in its domestic production infrastructure.
Oatly takes UK’s Glebe Farm Foods to court in PureOaty trademark dispute
Swedish oat-dairy company Oatly has taken court action over an alleged trademark infringement.
UK cell-based meat firm Ivy Farm targets second round of funding
Ivy Farm Technologies, a UK cell-based meat business, is targeting a second round of funding before the end of this year to help it scale up the production of meat…
Airline caterer SATS takes controlling interest in Thailand’s Food City Co.
SATS in Singapore, a foodservice caterer to the airline industry, plans to take a majority interest in Thailand’s Food City Co., a branded and private-label manufacturer of curry pastes and…
Arbor Investments-owned Crown Bakeries snaps up Michel’s Bakery
Investor-backed US baker Crown Bakeries has acquired local sweet baked-goods firm Michel’s Bakery. The deal will expand Crown Bakeries’ range of fresh and frozen breads, bakery and dough products into…
US baby-food firm Beech-Nut dumps product line following toxic metal scare
Beech-Nut Nutrition, the US baby-food firm, is discontinuing its branded Stage 1 Single Grain Rice Cereal after a product recall linked to an arsenic scare. The voluntary recall of one…
Green Monday moves into seafood alternatives
Green Monday Group, the Hong Kong supplier of plant-based meat, is entering the market for seafood alternatives. The owner of the OmniPork meat-free brand has launched OmniSeafood, with an initial…
JBS details ransomware payment
JBS has said it paid the equivalent of US$11m in ransom to end the cyber attack that hit the Brazil-based meat behemoth last week. The ransomware attack – which the…
