LATEST NEWS
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Multivac acquires portioning machines supplier TVI for undisclosed sum
GERMANY – Multivac Sepp Haggenmüller SE & Co, a leading suppliers of integrated packaging solutions, has acquired portion machines supplier TVI Entwicklung und Produktion for undisclosed sum. TVI Entwicklung und Produktion, which is the market…
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No and low-alcohol continues to outperform full-alcohol in key markets as consumer desire more sobriety
GLOBAL – The no and low alcohol beverages category continues to outperform full-alcohol as consumer interest in these drinks increasingly becomes a year-round trend across…
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Restaurant management startup Orda raises US$1m pre-seed funding round to expand technology
NIGERIA – Orda, a restaurant management startup, has raised a US$1.1 million pre-seed funding round to speed its growth and expand across the continent. The…
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Lycored expands US capacity to meet demand for carotenoid ingredients
USA – Global wellness company Lycored has opened a new processing plant in New Jersey, US, to meet growing demand for carotenoid ingredients. The plant is slated to enable Lycored to…
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HL Hall & Sons sells South Africa based livestock vaccine manufacturer Deltamune to Phatisa
SOUTH AFRICA – Phatisa, a leading sub-Saharan African private equity fund manager, has fully acquired South African-based biotechnology company Deltamune from HL Hall & Sons…