Food features in five-year tariff suspension agreed by US, EU over aircraft subsidies
The US and the EU have come to an agreement over a long-running dispute.
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US government backs meatpacking industry probe
The US administration is concerned about food security risks in an industry dominated by large...
UK claims “protection” for farmers as Australia trade deal unveiled
Agri-food businesses are awaiting the finer details of a formally acknowledged free-trade deal between the...
Princes plants in Mauritius pause operations amid Covid cases
The UK-based canned-food group says there are “no immediate supply concerns”.
US-based FoodPharma sells majority stake to New Harbor Capital
The Chicago-based investment firm said the deal will help FoodPharma expand into new product areas.
UK-Australia trade deal announcement imminent
The UK government is expected to announce it has agreed a trade deal with Australia this morning (15 June). The two countries have been talking about a tariff-free agreement for…
US-based GenTech buys better-for-you bars business NxtBar
GenTech Holdings, a US business operating in the functional food and coffee categories, has bought local better-for you food firm NxtBar. The deal, for an undisclosed sum, will see NxtBar…
Flowers “begun Koffee Kup Bakery takeover talks in April”
Flowers Foods, which has stunned a rival with its move to buy Koffee Kup Bakery, said its talks to buy the closed Vermont baker started two months ago. Last Monday…
Meat-free bacon start-up Hooray Foods secures additional seed funds
Meat-free bacon start-up Hooray Foods in San Francisco has secured additional seed financing to scale up production. The US$2m investment was led by New York-based venture-capital fund Evolution VC Partners,…
Haribo invests in UK confectionery plant
Privately-owned confectionery maker Haribo is investing in one of its two UK facilities in West Yorkshire. The Germany-headquartered business is ploughing GBP22m (US$30.9m) into its plant in the town of…
India ice-cream maker Walko gets investment
Walko Food, the India-based ice-cream business, has agreed on investment from local private-equity firm JM Financial Private Equity. The company, based in Pune in western India, has announced financial backing…
