Shortly after releasing its 2019 fiscal year earnings, the soup and snack company said it would sell UK-based Kettle Foods and Netherlands-based Yellow Chips to a private equity firm.
FoodNavigator, in partnership with data provider Traxn, brings you a monthly round-up of the latest wheelings and dealings in the EMEA food tech start-up space.
Nestlé has sold its Israeli ice cream business to Froneri for an undisclosed sum in a move that sees it fully exit the EMENA ice cream space. As it continues to prune lower growth and margin brands from its portfolio, analysts expect further divestments...
FoodNavigator, in partnership with investment data and analysis provider Tracxn, brings you a quarterly round-up of the latest wheelings and dealings in the EMEA food tech start-up space.
Mars Edge is to acquire a majority stake in startup foodspring in a deal that prioritises personalised nutrition and represents the first investment for the foodmaker’s health foods division.
A global agri-food tech platform has been developed to help businesses keep up with trends, innovations, and funding movements from start-ups, accelerators and investors.
A spike in the level of interest in food tech has resulted in an influx of investment in the sector. Last month, London Food Tech Week brought together a community of start-ups, investors and corporations to spotlight cutting edge innovation.
As The Coca-Cola Company broadens its portfolio, it sees ‘tremendous opportunity’ in coffee: outlining plans for RTD drinks, packaged coffee for the home, and on-the-go occasions through its acquisition of Costa coffee.
Enkco Holding is separating its meat and vegetable protein businesses and re-positioning itself as Vivera Food Group to focus purely on its plant-based products. “The future is plant-based,” the company said.
Online retailer Ocado has a vision: it wants to co-locate vertical farms with fulfilment centres to deliver fresh produce to consumers within an hour of it being picked. In order to explore this possibility, it has announced two vertical farming investments.
