Finnish online food delivery platform Wolt has raised over $500m from global investors in news that illustrates continued growth in home delivery for food and drink products is set to be one of the biggest trends of this year.
Investors look likely to applaud Unilever’s commitment to ensuring all suppliers will pay the living wage in its supply chain. But the consumer goods giant risks potential challenges if costs are passed on to end consumers, says an analyst.
Dublin-based Valeo Foods Group has agreed a deal to buy German confectioner Schluckwerder Holding, in a bid to further consolidate its position as a major international food business across the UK, Continental Europe and Ireland.
Frozen food specialist Nomad Foods has entered into ‘exclusive negotiations’ to acquire the frozen food business of Croatia’s Fortenova Group. The move demonstrates Nomad’s ambition to expand in what it describes as ‘developing’ European markets and deliver...
LIVEKINDLY Collective, which owns a growing stable of vegan brands, has acquired the No Meat business from UK retailer Iceland Foods. We caught up with the group’s management to learn more about its growth ambitions.
Unilever has sold what remains of its Bertolli business to Dutch food maker Enrico-Glasbest. Unilever’s ongoing move away from low-growth categories and brands will be welcome news for investors but Enrico-Glasbest says a little TLC will unlock ‘enormous...
Interest of private equity funds in Europe was piqued this year by the food ingredients sector. Partner at advisory group Oghma Partners, Mark Lynch, tells FoodNavigator he expects this trend to continue.
Trade buyers and private equity funds are flush with funds and eyeing interesting players to invest in, says a bullish Andreas Kulcsar, Executive Director at investment bank DC Advisory.
Cultivated or cultured fat could be the key to improving the taste and texture challenges of plant-based meat alternatives, according to one player in this market.
How big a landmark moment is Eat Just’s approval in Singapore? What does it tell us about the opportunities for cultivated meat in Europe? We hear from enthusiasts and detractors of this quickly emerging yet controversial sector to digest the ramifications...
Tate & Lyle has taken full control of stevia supplier Sweet Green Fields (SGF). Abigail Storms, Global Sweeteners Lead, says the move will create ‘more opportunities to innovate with customers leveraging SGF’s deep technical stevia expertise’.
Nestlé announced this week that it has acquired a majority stake in UK meal kit service Mindful Chef. The news follows on the heels of a deal in the US to take control of recipe box supplier Freshly. What opportunities - and challenges - will Nestlé’s...
Europe’s agri-food sector is ripe for investment as the region seeks to make its food system more sustainable, healthy and trusted, according to EIT Food.
