Investments & Funding
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Manna Capital Partners to inject US$600M into building Montgomery’s beverage park
US – Manna Capital Partners, a minority-owned business enterprise and investment firm, has announced its new affiliate Manna Beverages and Ventures (MB&V) will invest US$600…
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IFF opens innovation hub in Singapore to unlock cross-divisional synergies and fast-tracking innovation
SINGAPORE – IFF, a manufacturer of ingredients for the food, beverage, health, biosciences, and scent markets is expanding its footprint in the Asian region with…
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Norco Cooperative invests US$36.88m in rebuilding ice cream factory hit by floods
AUSTRALIA – Dairy giant Norco has set aside more than AU$59 million (US$36.88m) to rebuild its flood-damaged ice cream factory in the NSW Northern Rivers,…
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Beyond Meat re-strategies business through job cuts and downing sales forecast
US – Beyond Meat has decided to undertake a cut in its workforce and a slash in sales forecast as a business strategy that aims…
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Pernod Ricard to increase stake in Sovereign Brands
US – Pernod Ricard has plans to significantly increase its stake in Sovereign Brands, which it hopes will strengthen the two company’s long-term partnership and…