19 September 2023
19 September 2023
Ukraine has complained about the ban to the World Trade Organization.
The vertical-farming company said it has entered an “asset purchase agreement” with investors.
Zeder Investments has sold its controlling stake in the business to special purpose acquisition vehicle 3 Sisters.
The IPO is said to be one of three being considered by the South Korea conglomerate.
Nestlé has made a rare acquisition in chocolate. There remains, however, some speculation about its long-term plans.
Aster Développement, which also owns Heimburger, generates a turnover of around €85m ($90.9m) and employs 260 people.
CEO Jen Zeszut set up Goodles in 2021 with a host of other executives.
Prime Minister Justin Trudeau has warned of potential tax penalties.
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Per GlobalData estimates, the Eastern European food industry was valued at $180.5 billion in 2022 and is projected to grow at a CAGR of >4% by 2027. The top five companies together account for a value share of just 5.3% in 2022, with Mondelēz leading the pack. The Czech Republic, Poland, Romania, and Hungary were identified as high-potential countries, primarily due to the large size of their food industries, their high projected value growth rates, and their rising per capita expenditure.
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