M&As, Funding & Investments
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Rockingham Cooperative to invest US$17M in upgrading grain handling, feed operations
USA — Rockingham Cooperative, a Virginia based farmer-owned cooperative, is set to invest US$17 million to upgrade and expand its grain handling and feed manufacturing…
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Magic Spoon makes retail debut after closing $85M funding round
USA—Magic Spoon, a US breakfast cereal maker, has secured US$85 million in investment in a Series B funding round, bringing total funding to date to US$100…
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Carolina Precision Foods invests US$10M to construct Florence County poultry plant
US – Carolina Precision Foods, a joint venture of Carolina Fresh Foods and owners of Lake Foods, has announced an investment of US$10 million to…
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Egyptian e-grocery marketplace ON Market raises pre-seed funding for expansion
EGYPT – Egyptian e-grocery marketplace ON Market has raised US$215,000 in pre-seed funding to further expand its operations in Cairo, Alexandria, Tanta, Mansoura, and multiple…
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Saudi dairy company Almarai eyes seafood category in push to buttress food security
SAUDI ARABIA – Almarai Company, a Saudi multinational dairy company, has announced plans to enter into the seafood category as a further measure to bolster…