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 UK and Australia.
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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
A deal has been discussed for some time but is not without its critics.
US-based GenTech buys better-for-you bars business NxtBar
The keto-bar maker will be added to GenTech's portfolio of healthier food products.
Flowers “begun Koffee Kup Bakery takeover talks in April”
The acquisition by the US giant has frustrated a rival that thought it was set...
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…
Greenyard sells prepared foods division in Netherlands to European investors
Greenyard has agreed to sell its prepared foods division in the Netherlands, a plan announced in 2019 when the company launched a transformation programme in a bid to improve sales…
Kraft Heinz to buy Turkey sauces firm Assan Foods
Kraft Heinz has acquired Assan Foods, a Turkey-based condiments supplier that has been one of the US giant’s co-manufacturers. Assan Foods, set up in 1998, has worked with Kraft Heinz…
Swedish unfair trading law to “strengthen competition”, food manufacturers argue
The body representing food manufacturers in Sweden has welcomed a decision by the country’s parliament to introduce a law governing unfair trading practices in the supply chain. Riksdag members delivered…
