WORLD NEWS
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Cash strapped European bakery business Aryzta to sale remaining stake in Picard for US$29m
SWITZERLAND – Zurich- based European bakery company Aryzta has reached an agreement with Lion Capital and Invest Group Zouari (IGZ) to sell its remaining 4.64%…
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Indian healthy snacks startup Slurrp farm raises US$2m to fund new product development
INDIA – Slurrp Farm, a Gurugram-based startup offering healthy snacks and mealtime options for young children, has raised US$2 million in a Series A funding…
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UK’s Eight Fifty Food Group acquires Carroll’s Cuisine from Carlyle Cardinal Ireland
UK – UK-headquartered Food Group Eight Fifty has bought Ireland based maker of cooked meats and convenience food Carroll’s Cuisine for an undisclosed sum. Eight…
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Innovations that changed how food companies package food in 2020
GLOBAL – 2020 was a year when major companies in the global food space announced ambitious sustainability goals which they also embarked on achieving. Plastic,…
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Asia’s online food delivery expected to continue upward trajectory as Covid-19 continues to spread
GLOBAL – Lockdowns and other coronavirus-related restrictions provided a significant boost to online food delivery players in 2020. The surge in food delivery orders saw…