M&As, Funding & Investments
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Ingredion expands pulse-based protein capacity, continues investment in future of sugar reduction
CANADA – Plant-based ingredient solutions provider, Ingredion Inc. has cut ribbon to its new production facility for flours and concentrates at its Canadian manufacturing assets…
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Olam Food Ingredients to develop dairy processing plant in New Zealand
NEW ZEALAND – Olam Food Ingredients, the ingredients arm of Singapore-headquartered food and agri-business company-Olam, has announced plans of setting up a new dairy processing…
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PepsiCo upgrades UK snack processing factory with US$28.9m investment
UK – Snacks and drinks giant PepsiCo has invested £24.5m (US$28.92m) into its Walkers crisp factory in Lincoln in order to upgrade the facilities, meet…
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Booming citrus fibre market gains US$50m investment from CP Kelco to expand processing capacity
BRAZIL – Global ingredient solutions provider, CP Kelco has announced it will invest over US$50 million to expand production capacity for its Nutrava Citrus Fiber…
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Diageo eyes greater share of Japanese spirits markets with minority investment in Kanosuke Distillery
JAPAN – British multinational alcoholic beverages company Diageo is eyeing a greater share of Japanese spirits market with its latest investment in ultra-premium whisky producer Komasa Kanosuke Distillery. Founded…