M&As, Funding & Investments
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Coca-Cola Israel expands into cultured milk production as US unit updates taste of coke zero
ISRAEL – Coca-Cola Israel, formally known as The Central Bottling Company (CBC), is diversifying into cultured milk production with a new strategic partnership with Israeli…
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Walmart-owned Flipkart to invest in grocery, last mile delivery after raising US$3.6B in latest funding round
INDIA — Flipkart, a rapidly expanding e-commerce giant backed by Walmart, has raised US$3.6 billion in the latest funding round led by Canada Pension Plan Investment. …
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Upcycling ingredients maker Comet Bio raises US$22m to expand manufacturing capabilities
UK – Comet Bio, a UK-based upcycled food ingredients maker, has raised US$22 million in a Series C funding round led by Effingham-based private equity management…
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Aspire Bakeries to expand US baking plant to meet rising demand for Otis Spunkmeyer cookies
US — Aspire Bakeries, formerly Aryzta North America, is expanding its baking plant in the United States to meet the increasing demand for its Otis Spunkmeyer…
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Summit Agricultural Group to invest US$200m in setting up North America’s largest wheat protein facility
US — Summit Agricultural Group is acquiring Prairie Horizon Agri-Energy, a US-based biorefinery, in an effort to expand its presence in North America’s wheat protein processing sector. Prairie…