M&As, Funding & Investments
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Mars Wrigley strengthens R&D capabilities with US$40m investment in US innovation hub
USA – American multinational confectioner Mars Wrigley is strengthening its research and development (R&D) capabilities with a US$40 million investment in a new innovation hub.…
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Cargill strengthens position in animal nutrition through US$50m investment in US research center
USA – American global food corporation Cargill is seeking to strengthen its capabilities in animal nutrition through a new US$50 million investment in its animal…
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Novelis to invest US$30m in German facility to meet demand for sustainable packaging
GERMANY – US industrial aluminium company, Novelis, has announced a US$30 million investment in its facility in Plettenberg-Ohle, Germany to meet growing demand for sustainable packaging. …
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South Africa based insect protein processor Inseco raises US$5.3m in seed funding round
SOUTH AFRICA – South African insect protein producer, Inseco, has raised US$5.3m in what is termed as the country’s largest ever startup seed funding round,…
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Tyson Foods to build new US$208m rendering facility to serve US poultry processors
USA – American multinational food corporation Tyson Foods is investing US$208 million in a new rendering facility in Hanceville, Alabama to serve poultry processors in…