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.
News
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.
Meat-free bacon start-up Hooray Foods secures additional seed funds
Hooray Foods' new financing takes the US start-up's funding to date to US$4m.
Haribo invests in UK confectionery plant
Germany-headquartered Haribo has revealed plans for investment in the UK.
India ice-cream maker Walko gets investment
The owner of the NIC ice-cream brand believes backing will help it grow market share.
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…
Sweden’s Humble Group continues M&A push
Sweden’s Humble Group has announced yet another acquisition, striking a deal to buy local confectioner Wellibites. Humble, which has snapped up a number of businesses offering reduced-sugar foods in the…
Cherkizovo to invest in new pork and poultry plants in Russia
Cherkizovo plans to invest RUB80bn (US$1.1bn) to expand its domestic manufacturing network as Russia’s largest meat company seeks to increase production over the next two to three years. Agreements were…
Oatly takes UK’s Glebe Farm Foods to court in PureOaty trademark dispute
Oatly, the oat-based dairy-alternative business headquartered in Sweden, has taken legal action against the UK's Glebe Farm Foods over an alleged trademark infringement. Investor and celebrity-backed Oatly, which went public…
