Investment

Saudi PIF acquires half of Adeptio soon after Americana sale

Saudi PIF acquires half of Adeptio soon after Americana sale

By RJ Whitehead

Saudi Arabia’s sovereign wealth fund has made a rare foray into into the food industry after concluding a deal to buy half of Adeptio Holdings, which recently acquired a 67% stake in Kuwait Food Co., otherwise known as Americana.

CEO Exclusive: Naturex goes back to start-up roots to drive growth

'Naturex was a start-up 20 years ago.'

CEO Exclusive: Naturex goes back to start-up roots to drive growth

By Niamh Michail from Avignon, France

The world’s biggest supplier of botanical extracts, Naturex, is on track to meet the targets of its growth strategy Bright2020 which aims to see 10% of sales coming from new products, according to CEO Olivier Rigaud.

Cargill has cut over $2bn worth of assets in a divestment strategy

Cargill sees revenue growth in meat

By Oscar Rousseau

US meat processor Cargill has seen earnings in meat and animal protein surge “significantly” in the fourth quarter of the year. 

Potts: now owns 1,002,881 shares following the latest purchase

Morrisons boss puts money where his mouth is

By Noli Dinkovski

Morrisons ceo David Potts has demonstrated his confidence in turning around the fortunes of the retailer by investing a further £360,000 in shares.

SuperDrob is aiming to finance a number of expansion plants across Poland

Polish poultry processor eyes €45m investment

By Jaroslaw Adamowski

Polish poultry meat processor SuperDrob SA has unveiled plans to invest at least PLN200 million (€45m) with the aim of raising its output capacity, building a new facility and expanding its sales, according to Jaroslaw Kowalewski, the company’s deputy...

Quinn Packaging has made a €3m investment to grow its business

Quinn Packaging invests €3m in PET sheet extrusion line

By Oscar Rousseau

Republic of Ireland-based meat and poultry tray manufacturer Quinn Packaging has invested €3m ($3.25m) in a PET sheet extrusion line to help it become “a major player in the rigid food packaging market”.

The investment means Frutarom will have exclusive worldwide marketing rights for Algalo products. Photo credit: iStock.com / Artfoliophoto

Frutarom invests €2.25m in algae start-up

By Annie Harrison-Dunn

Swiss-Israeli flavours and ingredients house Frutarom Industries has invested 10 million Israeli Shekel (€2.25m) for a 50% stake in the biotech start-up Algalo.

Qalaa sells off F&B assets in $10m deal

Qalaa sells off F&B assets in $10m deal

By Eliot Beer

Egypt’s Qalaa Holdings has sold a mothballed cheese company and the Sudanese division of its sweets producer in deals totalling almost US$10m, the group announced this month.

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