WORLD NEWS
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Mosa Meats scales up beef cultivation with investment in new facilities and strategic partnerships
SINGAPORE – Mosa Meat, a Dutch food technology company, is seeking to augment its cultured beef production with a new industrial production development center which…
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Mondelēz registers 8.1% rise in Q3 net revenue, lifts full-year guidance
US – American multinational confectionery, food, beverage, and snack food company, Mondelēz International, has posted a net revenue of US$7.7 billion, an increase of 8.1%…
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Molson Coors posts 4% growth in Q3 net sales, positive net pricing and favorable sales mix drive growth
US – Molson Coors Beverage Company has registered a net sales increase of 4% in the third quarter of 2022 underpinned by positive net pricing…
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Mars Petcare acquires Champion Petfoods to strengthen capabilities and expand portfolio
CANADA – Mars Petcare has acquired a Canada-based maker of premium pet foods, Champion Petfoods, from an investor group led by Bedford Capital and the…
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H.I.G. Capital divests Greenwich–based specialty food distributor Lipari Foods to investor group
US – H.I.G. Capital, a leading global alternative investment firm, has completed the divestment of US-based specialty food distributor Lipari Foods to an investor group…