WORLD NEWS
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Ornua to complete US$ 42.88m Kerrygold Park facility expansion in 2023
IRELAND – Ornua, an Irish agri-food cooperative, which markets and sells dairy products has announced the €40 million (US$ 42.88 million) Kerrygold Park facility expansion…
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Mother Dairy targets to recycle 7 Billion plastic waste as part of goal to become plastic neutral by 2024
INDIA – Mother Dairy, a wholly-owned subsidiary of the National Dairy Development Board India has announced a target of recycling over 7 billion tonnes (MT)…
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Eden Brew secures US$ 3.6m to scale milk production, launch ice cream brand
AUSTRALIA – Eden Brew, an Australian food tech startup, has announced a raise of $5 million (US$ 3.6million) to scale its precision fermentation milk production…
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Japanese food processing giant expands European presence with acquisition of UK’s Northcoast Seafoods
UK – Maruha Nichiro, one of the largest fishery, aquaculture, and food processing companies in the world, has bolstered its European presence with the acquisition…
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CVC Capital acquires majority stake in German nutrition firm The Quality Group
GERMANY – Luxembourg-based private equity and investment advisory firm CVC Capital Partners has acquired a majority stake in Germany-based sports nutrition business The Quality Group.…