Proposed remedy to competition concerns to be accepted in Greencore’s purchase...
The UK's Competition and Markets Authority (CMA) has accepted, in principle, a proposed remedy to competition concerns for Greencore’s acquisition of Bakkavor, which aims...
Every secures $55m to expand precision-fermented egg protein production
The Every Company has raised $55 million in Series D funding to expand production and commercialisation of its precision-fermented egg proteins. The investment, led...
ABF reviews potential Primark and food business split
Associated British Foods (ABF) is considering separating its Primark retail arm from its food operations following a structural review aimed at maximising long-term value....
Kraft Heinz ramps up US promotions amid weaker consumer demand
Kraft Heinz is increasing its promotional spending in the United States by about $300 million as it faces softer consumer demand and persistent inflation....
Fonterra invests $75m to expand butter production
Fonterra is making a $75m investment to expand butter production at its Clandeboye site in South Canterbury, New Zealand.
The investment will enable construction of...
B&G Foods to sell the Green Giant brand in Canada to...
B&G Foods has entered into an agreement to sell the Green Giant and Le Sieur frozen and shelf-stable vegetable product lines in Canada to Nortera Foods.
B&G Foods expects the sale to...
UK food-tech firm secures £3.5 million to scale broccoli-based protein innovation
Upcycled Plant Power (UPP), a British food technology company turning surplus broccoli crops into protein and fibre ingredients, has raised £3.5 million to accelerate...
Bezos Earth Fund backs AI-driven protein innovation with $2 million grant
The Bezos Earth Fund has committed more than $2 million to Food System Innovations (FSI) to advance artificial intelligence tools for developing sustainable proteins....
Granarolo strengthens footprint in UK with acquisition of West Horsley Dairy
Granarolo has acquired West Horsley Dairy to strengthen the company's footprint in the United Kingdom and boost customer reach, particularly across the London market.
West...
CMA flags competition risk in Greencore-Bakkavor merger
The UK’s Competition and Markets Authority (CMA) has identified competition concerns in the chilled sauces sector following Greencore’s proposed acquisition of Bakkavor. The regulator...
