Technology
Hatching new ideas – Big Food’s incubator and accelerator programmes
As with in-house venture capital funds, for big food companies looking to gain exposure to new, exciting, potentially faster-growing categories,…
Peru’s Agrícola Chapi expands avocado and table grape production with cash injection
Peruvian agricultural export company Agrícola Chapi has received $130m in funding to expand its table-grape and avocado production. The funding,…
Big Food’s stake in the future – in-house venture-capital funds’ investments
For Big Food companies looking to gain exposure to new, exciting, potentially faster-growing categories, M&A remains a popular route. But…
Bel Group invests in plant-based cheese business Climax Foods
French cheese producer Bel Group has announced a partnership with AI-powered start-up Climax Foods to develop plant-based versions of its…
Hackers access Dole employee data in ransomware attack
A ransomware attack on Dole last month gave hackers access to employee data, the fruit-and-veg giant has confirmed. Dole said…
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Tyson Foods jobs to go at US poultry plants under 2021 automation programme
Tyson Foods could shed more than 1,600 jobs as the US meat major plans to shut two poultry facilities. Scheduled…
Tech leaves food industry more exposed to cybersecurity threat
Last month, fruit-and-veg giant Dole revealed it had been a victim of a ransomware attack. The company claimed the impact…
HKScan to slash jobs as Finnish poultry firm ups automation
Finland-based food group HKScan is to cut 45 jobs at a domestic poultry plant as it invests in automation at…
“The pandemic brought urgency to automation” – Tyson Foods’ Chetan Kapoor on the meat giant’s push on production technology
The world’s largest meat processors, already using tech in areas like packing, are investing in ways to make their production…
What were the top FDI themes in 2022?
While the foreign direct investment (FDI) world still revolves around sectors and sub-sectors, themes are becoming ever more prominent. Themes…