Seven years after first investing in Michel et Augustin, Danone is in ‘exclusive’ negotiations with potential buyer Ferrero-related company CTH Invest.
Mars Inc. plans to purchase British chocolate retailer Hotel Chocolat for £534m. Although under Mars initial focus will remain on the UK market, both parties have hinted to potential international expansion.
At Rethink Events’ Future Food Tech Summit in London last month, investors discussed the challenges of the past, present and future of food tech investment
Mycoprotein and fungal proteins hope to offer a solution to the negative impact to the environment associated with industrial farming, heard FoodNavigator’s recent Climate Smart Food digital summit.
Research by financial advisory firm Oghma Partners reveals an uptick in mergers and acquisitions in the UK food and beverage sector in 2023’s second tertial (period of four months) being the highest since 2019. But there were fewer large deals, indicating...
In a wide range of areas as diverse as transportation, education and plastic collection, Danone has teamed up with a range of companies across the private sector in its new ‘Partner for Growth’ initiative. The initiative will begin with a joint business...
A new whitepaper explores the instability in the current macro environment and the risks and opportunities this will bring for the beverage industry over the next few years.
The abilities of AI are numerous, and one of its key abilities is discovery. In a new partnership between Israeli companies Agrematch and ICL, it will be used to discover new compounds and biostimulants for crop nutrition, compounds that can optimise...
In a squeezed investment climate, we spoke to Fiona Choppe-Magal, Partner, Foodtech and Agritech, at Israel-based Cukierman Investment House, who reveals some crucial advice for Europe’s agrifood tech entrepreneurs to maximize their chances in dealings...
At peak production, Nomad Foods-owned Birds Eye UK can produce 48 tonnes of frozen peas per hour. FoodNavigator visits its Yorkshire operation to see how ‘sweet and tender’ peas are produced for the masses within just 150 minutes, from field to freezer.
Russian authorities have placed Danone’s Russian subsidiary under ‘temporary external administration’. Baltika Breweries, in which Carslberg owns a stake, is now also under Putin’s control.
German ingredients company Döhler has announced plans to acquire SVZ, a Dutch supplier of fruit and vegetable ingredients, from Royal Cosun. The move is expected to buildout Döhler’s portfolio, notably in red fruit and vegetable ingredients.
Nestlé’s Garden Gourmet brand sells meat imitations (think plant-based chorizo or vegan tuna) as well as more plant-forward or ‘vegetable-based’ offerings, such as broccoli patties. Marjolijn Niggebrugge, business head plant-based meal solutions Europe...
Administrators of the troubled contract plant-based meat manufacturer have sold its manufacturing site and associated equipment to two businesses run by vegan activist Heather Mills.
There was a notable failure in the US for ‘one of the world’s first next generation cheese alternatives’. But that shouldn’t detract from the potential benefits that precision fermentation technology can bring to the dairy alternatives category, FoodNavigator’s...
Israeli start-up More Foods, which makes ‘meaty’ products made from pumpkin seeds, is announcing a strategic collaboration with Osem-Nestlé Group subsidiary Tivol.
Nestlé has announced that it will partner with Yield Lab Latam, a Latin American venture capital fund, to work on sustainable packaging and regenerative farming. Yield Lab Latam provides funding to agri-food companies across Latin America, connecting...
Looking at the first four months of 2023, the volume of M&A deals in the UK’s food and beverage sector has increased, but deal value was low: more than 80% had a value of £10m (€11.62m) or less.
One year after DSM and Firmenich announced plans to combine their food, beverage, and taste businesses, the merger is complete. The new company, dsm-firmenich, launches today.
New company Harmoniz – created by the merger between TomatoTech and Nirit Seeds – explains how it is seeking to leverage molecular biology and breeding technologies to create tomatoes of uncompromised quality.
Unilever has named Royal FrieslandCampina boss Hein Schumacher as its new CEO. Could this mean that a spin-off of the group’s food businesses could be back on the menu? Or does Schumacher’s strong grounding in food and nutrition suggest the internal impetus...
Danish enzyme and cultures suppliers Novozymes and Chr. Hansen plan to merge their businesses in a move they say will create a ‘leading global biosolutions partner’.
William Reed – the publisher of award-winning B2B brands including FoodNavigator and NutraIngredients - has acquired a majority stake in agri-food summit organizer Rethink Events.
Plant-based oil producer Bunge is launching a joint venture alongside Olleco, the cooking oils collection division of ABP Food. The companies plan to collaborate to create a business model that encompasses the 'full life-cycle' of edible oils.
French ingredients supplier Solina continues to expand in the US with the takeover of Saratoga Food Specialties, a company serving food manufacturing and quick service restaurant markets.
The partnership will see The Kraft Heinz Company team up with agri-food tech accelerator StartLife to help meet consumer expectations across its portfolio, Miriam Ueberall, VP R&D International, Kraft Heinz, tells FoodNavigator.
CSM Ingredients is entering Latin America through a strategic partnership with Chilean player ICB. FoodNavigator catches up with CSM CEO Aldo Uva to learn more about how this expansion positions the European supplier for further growth.
McCain Foods has acquired Netherlands-based Scelta Products in a deal the frozen potato giant says will strengthen its position in prepared frozen appetisers. FoodNavigator hears more.
Morrisons has become the first UK supermarket to launch its own line of carbon neutral eggs as part of its target to be directly supplied by ‘zero emission’ British farms by 2030.
Dairy cooperative FrieslandCamina has completed a series of investments and divestitures as it works to optimise its production network and brand portfolio in the face of ‘great uncertainty’ in the global dairy markets. Developments include the sale of...
Circular food solutions, upcycled ingredients and local production all offer the food and drink sector a solution to counter current global economic pressures and supply chain volatility.
Diageo has acquired Vivanda, the owner of the technology behind Diageo’s digital ‘What’s Your Whisky’ online platform as well as the ‘Journey of Flavour’ experience at Johnnie Walker Princes Street in Edinburgh.
FrieslandCampina’s Members’ Council has approved the sale of parts of its German consumer business, including five brands and three production facilities, to the German Unternehmensgruppe Theo Müller.
Ambitious UK vertical farmer Jones Food Company claims its new research centre will help the country end its reliance on the import of soft fruits, herbs and cut flowers within the next decade.
Firmenich and DSM have revealed plans to merge the two companies in a move that they believe will create an ‘unparalleled’ leader in nutrition, beauty and wellbeing.
Functional ingredient supplier BENEO has acquired Meatless, a Dutch innovator in plant-based texturizing solutions for meat and fish alternatives. FoodNavigator hears more about how the deal will accelerate growth at the businesses.
Coffee-to-snacks group Paulig is investing in Dutch plant-based cheese start-up Willicroft. We hear from Marika King, Head of Paulig’s venture arm PINC, about what makes Willicroft stand-out in the alt. cheese space.
Tate & Lyle is expanding in the plant-based protein arena with a deal to acquire chickpea protein and flour supplier Nutriati. The global ingredients company best known for sweeteners and texturisers tells FoodNavigator the deal will boost its portfolio...
The France-based flavour and fragrance company has announced the acquisition of Omega Ingredients, which makes provenance driven, natural flavours and ingredients for the food and beverage industry.
Geneva-based company planetary has closed on of the largest seed rounds of a European food company, collecting CHF 7.5m (€7.3), led by impact investor Astanor Ventures, with participation from XAnge, Blue Horizon, Nucleus Capital, Exceptional Ventures...
Ag-tech start-up Better Origin wants to fix the broken food chain through its AI-powered insect ‘mini-farms’. The group has just completed a Series A funding round. FoodNavigator catches up with CEO Fotis Fotiadis to learn more about what the future holds.
General Mills continues to hunt aggressively for acquisitions to build out its five core platforms, including cereal, ice cream, snack bars, Mexican food and pet food, and to consider strategic divestitures as part of a broader strategy to reshape its...
