M&As, Funding & Investments
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Israel invests US$13.8 million in new fermentation lab to boost growth of alt-protein sector
ISRAEL – The Israel Innovation Authority has invested US$13.8 million to establish a permanent microorganism fermentation lab for the food industry at YDLabs. The infrastructure…
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Vinamilk enters into strategic partnership with six global nutrition and bioscience companies
VIETNAM – Vietnam’s leading dairy processor, Vinamilk Dairy has entered into a strategic partnership with six global nutrition and bioscience companies to enable the company…
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Kenyan government pledges to support dairy farmers to increase milk production capacity
KENYA – The government of Kenya has willed to support its dairy farmers through various interventions as part of agriculture reformation to create wealth and…
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Corby Spirit and Wine acquires 90% of Ace Beverage Group shares
CANADA – Canadian alcohol manufacturing and distribution company, Corby Spirit and Wine, has acquired 90% of the outstanding shares of Ace Beverage Group, for US$111.21…
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JBS launches cell-based beef facility in Spain to meet alt-protein demand
USA – Brazilian multinational meat processing company JBS, has launched a cell-based beef facility in San Sebastián, Spain, to diversify its meat portfolio and accelerate…