WORLD NEWS
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PepsiCo acquires strategic stake in energy-drinks maker Celsius Holdings
US – American food and beverage giant, PepsiCo, is going for an 8.5% stake in US energy-drinks maker Celsius Holdings, to strengthen its strategic distribution…
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Tyson foods partners six startups for sustainable food production
US – Protein-focused multinational food company, Tyson Foods, is offering mentorship and partnership opportunities to six poultry technology startups to create a comprehensive approach to…
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Morato acquires majority stake in healthy baked goods company NT Food
ITALY— Leading Italian bakery firm Gruppo Morato furthers growth strategy with the acquisition of a majority stake in NT Food, a Tuscan company at the…
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Klosterman Baking Company acquired by investment firm New Water Capital
USA— Ohio-based Klosterman Baking Company has been acquired for an undisclosed sum by New Water Capital, a local private-equity investment firm focused on lower-middle market…
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Carolina Foods to double operating capacity with new production facility
USA — Carolina Foods, LLC, one of the country’s leading manufacturers of sweet baked goods, has announced plans to double its operating space and capacity…