Karro Food Group, a subsidiary of the UK-based CapVest Partners, is a meat processor that has agreed to acquire Young’s Seafood Ltd. with the aim to create a new multi-protein food group.
Mile High Labs acquired a 400,000 square foot pharmaceutical manufacturing facility of Sandoz Inc., a division of Novartis (Switzerland), in Broomfield, Colorado, with a view to meet the rising global consumer demand for CBD (Cannabidiol) in the form of tinctures, lotions, and gummies.
Tyson Foods is headquartered in Arkansas, US, and is engaged in offering chicken, beef, and pork, as well as prepared foods. The company offers food products under Tyson, Jimmy Dean, Hillshire Farm, Sara Lee, Ball Park, Wright, Aidells, and State Fair brands. It has its presence in Central America, China, Canada, Japan, the Middle East,… Continue reading TYSON FOODS, ONE OF THE LARGEST MEAT PRODUCERS GLOBALLY, ENTERED THE PLANT-BASED MEAT MARKET WITH ITS NEW BRAND, RAISED & ROOTED
As per a press release of the company, on April 30, 2019, John Bean Technology (JBT) acquired Proseal, a United Kingdom based, provider of tray sealing technology for the food industry, in a deal worth USD 246 million. JBT then acquired Prime Equipment Group, a US company dealing in primary and water re-use solutions for… Continue reading JBT Takes Another Step Toward Strengthening Its Poultry Business with the Acquisition of Prime Equipment Group
Gelymar is a global company involved in the extraction of Kapa II and Lambda Carrageenan. Carrageenans belong to the family of linear sulfated polysaccharides that are extracted from red edible seaweeds. The company caters to the pharmaceutical, food, and personal care industries. It operates through its four manufacturing sites located in Chile and Indonesia, along… Continue reading GELYMAR (Chile), one of the global leaders of the Commercial Seaweeds Market made an investment of USD 15 Million to double its production capacity
Beyond Meat Inc. forayed into the public arena, with its stock price soaring up to more than double. Burgers with no meat but taste like they do—this is what Beyond Meat is serving to the customers.
Firmenich (Switzerland) has agreed to acquire a majority stake in VKL Seasoning Pvt. Ltd (India), an Indian specialist in seasonings and flavors, on 1st May 2019, with a view to expanding its capability and customer reach in India.
Cresco Labs (US) is a multistate cannabis company that produces cannabis plants. It is a grower, processor and retailer of cannabis and operates across the United States. Origin House (US) is a distributor and provider of brand support services in California, the world’s largest regulated cannabis market. The company delivers more than 130 branded products… Continue reading Cresco Labs, A Multistate Cannabis Company, has agreed to acquire Origin House for USD 823 Million
Archer Daniels Midland Company (ADM) (US) completed the acquisition of the Ziegler Group (Germany), a leading player in the European flavors market producing natural citrus flavor ingredients, on March 21, 2019.