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...
Kerry Taste & Nutrition is expanding its reach in the biotech space through acquisitions, including a deal to take control of German-based biotech company c-LEcta. Albert McQuaid, Chief Science and Technology Officer of Kerry, explains why the company...
Unilever’s CEO has shrugged off speculation that the group could still dispose of its nutrition or ice cream businesses after its failed move for the GSK Consumer Health business, which would have been funded by a likely IPO of Unilever’s food interests.
ABF Ingredients has acquired life science company Fytexia Group. FoodNavigator hears from ABFI chief executive Fabienne Saadane-Oaks about how the move will accelerate the group’s presence in the active nutrition space.
Developed European markets aren't always known for their exciting growth profiles. But Kerry Group European head Thomas Hahlin Ahlinder sees some important opportunities for the ingredient supplier in the region. FoodNavigator hears more.
As demand for plant-based products rises, large players looking for a piece of the action likely will continue to buy their way in, but one market analyst predicts that the checks they will cut and stakes they will take in innovators in the space will...
Belgian ingredients supplier, Puratos is to acquire the scientific expertise of THT in a bid to satisfy growing consumer demand for products that promote a well-balanced gut microbiome.
After press reports of its interest in GlaxoSmithline’s consumer healthcare division, Unilever brought forward a planned update and set out the strategic direction that the company is pursuing.
Bakery ingredient specialist Puratos has entered a tie-up with upcycling start-up ReGrained. Through an exclusive collaboration and supply agreement, the companies will supply upcycled solutions to the commercial baking industry.
European produce supplier Greenyard aims to ramp up innovation as it works to capitalise on growing demand for ‘healthy, low processed, plant-based food’.
Unilever is selling its developed markets tea business for €4.5bn, more than a year after the company launched a strategic review of the unit. According to some industry pundits, the deal represents ‘an important first step’ in portfolio rationalisation....
The French supplier says its acquisition of Swiss-based locust bean gum specialist UNIPEKTIN Ingredients will allow it to push into new markets and applications.
The Platinum Equity portfolio company has reached an agreement to acquire Netherlands-based Continental Bakeries from its majority shareholder, Goldman Sachs Asset Management, for an undisclosed amount.
An investor network whose members have around $40tn of assets under management claims more investors than ever are interested in the theme of protein diversification are and looking to encourage food firms to adopt sustainable proteins as both a grown...
Swiss flavours and fragrances giant Givaudan has announced plans to acquire DDW, The Color House, in a deal that will make it a ‘global leader’ in the natural colours space.
Using precision fermentation, ProProtein is developing the four main types of proteins in casein from microbes, rather than cows. FoodNavigator asks founder and food technologist Kaisa Orgusaar about the process.
While the UK Food and Beverage sector enjoys strong market activity, Oghma Partners predicts ‘weaker’ businesses under strain from cost pressures could find exiting ‘more testing’ over the coming months.
A new entity is about to emerge in the healthy food manufacturing space, following the acquisition of Wholebake and Deeside Cereals by private equity firm Elysian Capital.
Kerry announced yesterday (14 September) that it has completed the acquisition of preservation specialist Niacet, in a deal worth €853m. What does this mean for the ingredient supplier? FoodNavigator caught up with Bert De Vegt, Vice President of Food...
If the cultivated meat industry were to set the ambitious target of supplying 10% of the global meat market, how much product would be required? How many factories, containing how many bioreactors, would need to be built? And where?
The company’s sales dipped in the second quarter, but it expects ‘exciting growth opportunities’ ahead thanks to an ambitious M&A strategy, while the frozen aisle still represents ‘white space growth opportunity’.
ADM plans to acquire European supplier Sojaprotein in a move that it says will accelerate growth of its alternative protein platform. We find out what the deal means for the ag-food giant – and ask what it tells us about Europe’s runway for growth in...
Griffith Foods has agreed to acquire UK ingredient supplier The Flavourworks in a move that European chief Wim van Roekel tells us is ‘a fantastic fit’ as the group works to double its sales and triple its bottom line.
No longer hampered by regulatory uncertainty, the UK’s M&A market is thriving. Oghma Partner’s Mark Lynch explains how technology, and particularly D2C expertise, is helping drive the revival.
The current crop of start-ups under the wing of EIT Food -- Europe's largest food innovation initiative -- illustrate the challenges the plant-based sector is looking to overcome.
Norwegian food company Orkla Food Ingredients has entered into an agreement to purchase the Swiss company Hans Kaspar to strengthen its position in confectionery and ice cream ingredients.
Tate & Lyle has sold a controlling stake in its Primary Products operations, which will be spun-out into a stand-alone business, leaving the London-listed ingredient manufacturer to focus on its faster-growing specialities business.
Kerry Group, the world’s leading taste and nutrition company, has completed its the reported €126.9 million acquisition of Spanish biotech company Biosearch Life.
The meat alternatives company has given its latest innovation challenge award to a French start-up with new technology that differs from conventional extrusion.
Kerry Group has agreed to sell its Meats and Meals business in the UK and Ireland to US poultry producer Pilgrim’s Pride for €819m as it seeks the higher growth opportunity offered by its Taste and Nutrition division.
French investment firm Roquette Ventures (part of ingredients company Roquette Group), which supports start-ups in the food, nutrition, and health markets, is looking to scale up production of plant protein sweeteners made using precision fermentation.
Verlinvest tells FoodNavigator it is doubling down on the consumer shift towards sustainability, ethics and health. ‘This is where the growth is coming from’, it says.
LIVEKINDLY Collective has continued its strategy of consolidation in the plant-based space with another acquisition. FoodNavigator asks what this means for the development of what is today a highly fragmented category.
Italian confectionery giant Ferrero says it is looking to enlarge its product offering in the sweet biscuit market after acquiring the UK’s second-largest biscuit manufacturer Burton’s from former owner Ontario Teachers’ Pension Plan Board for an undisclosed...
Canadian dairy company Saputo Inc. has announced two acquisitions, one in the dairy alternatives space and the other in value-added ingredients, at a cost of around C$187m (US$154m).
Last year was the biggest to date for sustainable protein company launches, private investments, and retail sales, according to the Good Food Institute, which has just released its annual State of the Industry reports covering the plant-based, cellular...
Cargill has acquired Leman Decoration Group in a deal that the company said represents a win-win: It will enhance Leman’s chocolate expertise and expand Cargill’s overing in the decorations space.
Following its acquisition by Investindustrial, CSM Bakery Solutions has rebranded as CSM Ingredients. FoodNavigator speaks to the group’s CEO Aldo Uva about the opportunities the new ownership structure will unlock.
