China alt-meat business Starfield raises US$100m in funding
The investors in the Series B round include Alibaba’s chief strategy officer.
Emerging markets
Aussie plant-based meat firm All G Foods plans China foray
The company, which closed a seed funding round in September, expects to look to raise more finance by May.
Companies are rethinking FDI strategies but are cautiously optimistic – survey
Investment Monitor's Corporate Outlook Survey 2021 reveals what business leaders think about the current global business environment.
Russian meat giant Cherkizovo gobbles down turkey rival
Cherkizovo is to acquire Krasnobor, Russia’s third largest turkey producer.
India’s ITC enters plant-based meat
The market for plant-based meat products in India remains in its nascent stage but ITC is looking for an “early-mover” advantage.
Colombia’s Alpina buys majority stake in US dairy firm Clover Sonoma
Alpina, one of Latin America’s largest dairy groups, has snapped up 70% of US dairy business Clover Sonoma. Already present in the US, Alpina has reportedly paid around US$136m for…
“We see much more explosive growth next year” – Green Monday Group CEO David Yeung talks Asia plant-based meat firm’s prospects
Just Food: How has the pandemic affected Green Monday Group’s growth plans? David Yeung: Number one, I think as a whole the pandemic no doubt has heightened awareness of ESG…
Three key trends that will shape foreign investment in 2022
It has been a particularly dramatic year in 2021, with the world enduring another 12 months dominated by Covid-19. The pandemic has brought new challenges and opportunities that business leaders…
Grupo Sura rejects offer for minority holding in Colombia’s Nutresa
Grupo Sura, the joint minority shareholder in Colombian food firm Grupo Nutresa, has reportedly opted not to accept an offer for the shares. Nugil, an investment vehicle owned by billionaire…
Tiger Brands ‘suspends staff amid procurement probe’
Tiger Brands has reportedly suspended three employees as South Africa’s biggest manufacturer investigates allegations of irregularities around procurement. South African business news publication Fin24 has described one of the three…
Investcorp backs China noodle maker Mo Xiaoxian
Private-equity firm Investcorp has continued its deal-making in Asia with backing for China-based noodle supplier Mo Xiaoxian. Based in Shanghai, Mo Xiaoxian markets products including a “self-heated” hotpot and rice…
