WORLD NEWS
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India’s recovery from Covid-19 pushes June FMCG sales up nearly 40%
INDIA – India’s recovery from its worst wave of the covid-19 pandemic is being felt by the fast-moving consumer goods (FMCG) market where sales have recovered, more…
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Scottish Sea Farms stregthens position in UK salmon market with acquisition of Grieg Seafood Hjaltland
UK – Scottish salmon farming company Scottish Sea Farms (SSF) has agreed to acquire local peer Grieg Seafood Hjaltland UK (GSHU) in a deal estimated to be worth £164 million…
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Darigold invests in new US$500m low carbon dairy facility to step closer to net zero emissions
US – Darigold, an American farmer-owned dairy cooperative, is investing US$500 million into the development of a new specialized milk protein and butter facility in Washington, US, designed…
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Löfbergs opens new coffee roastery in Sweden as Mondelēz invests US$59m in modernization of French bakery plant
EUROPE – Swedish family-owned coffee company, Löfbergs, has opened a whole bean roastery in Karlstad, Sweden to meet the rising demand for whole beans. The new site built…
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Danone acquires majority stake in Harmless Harvest to accelerate growth of its plant-based business
USA – French dairy company Danone has through its venture arm Danone Manifesto Ventures (DMV) purchased a majority stake in Harmless Harvest to accelerate the growth of its…