KANSAS CITY, MO— Vertical Cold Storage, a developer and operator of temperature-controlled distribution centers sponsored by real estate investment firm Platform Ventures, announces the addition of Jim Henderson to its executive team as Chief Commercial Officer. This move is expected…
Investment
During its Annual Shareholders’ Meeting, Arca Continental, one of the largest Coca-Cola bottlers in the world, announced that it will invest more than approximately Ps. 18 billion across its operations in 2025. The company explained that these investments will focus…
CR Beverage, one of China’s leading bottled water brands, has invested in three of Sidel complete high-speed aseptic lines to meet increased consumer demand for better quality, healthier, and more eco-friendly packaging for teas, juices, and carbonated drinks. In addition…
Taylor Farms has announced an investment in Hessing, a leading European processor and distributor of fresh fruits and vegetables. Hessing has grown into a recognized leader in Europe’s fresh produce industry. Headquartered in the Netherlands, Hessing serves customers in Germany,…
Fonterra has announced that it has started its work on the New Edendale UHT Cream Plant. Construction is officially underway at Fonterra’s new UHT cream plant at Edendale following a groundbreaking ceremony. Fonterra employees, community representatives, and local iwi celebrated…
Brown Gibbons Lang & Company (BGL) has announced the sale of Indo-European Foods (IEF), a value-added distributor of ethnic, specialty food products and a portfolio company of Corridor Capital, to Ziyad Brothers (Ziyad). BGL’s Food and Beverage investment banking team…
Celleste Bio, an early-stage cocoa-tech company has announced the closing of a $4.5M seed financing round led by Supply Change Capital, with participation from Mondelēz International SnackFutures Ventures, Consensus Business Group, The Trendlines Group, Barrel Ventures, and Regba Agriculture. Celleste…
The Agricultural Growth and Processing Company, a subsidiary of Americana Holding for Food Ltd, has announced to expand its business operation with a significant $100 million investment (SAR 375 million) in a Greenfield Frozen French Fries manufacturing plant in Riyadh,…
Source Agriculture Corporation has announced a strategic investment in Ascribe Bioscience, a cutting-edge company dedicated to developing sustainable crop protection solutions. Ascribe, founded in 2017, is focused on discovering natural products derived from the soil microbiome to help farmers achieve…
Coveris, a leading European packaging manufacturer, has announced a new investment at its polyethylene extrusion facility in Winsford, Cheshire. As Coveris’ UK center of excellence for high-performance technical barrier and stretch films, the Winsford site continues to expand its capabilities…
Angel Yeast has partnered with Indonesian agricultural company PT Tunas Baru Lampung Tbk to set up a subsidiary in Lampung Province and acquire land to develop yeast production projects, in a move to further optimize Angel Yeast’s global yeast production…
Mondi has completed a €95 million investment at its Świecie containerboard mill, which will increase kraftliner capacity by 55,000 tonnes. The upgrade comprises an extensive rebuild of paper machines PM2 and PM5, a new anaerobic treatment plant including an integrated…
Mondelēz International has announced that its corporate venture capital arm, SnackFutures Ventures, has taken a minority stake in Urban Legend, a fast-growing, “better-for-you” fresh doughnut and pastry business in the United Kingdom. Founded in 2021 by scientist and entrepreneur Anthony…
DS Smith has invested €17.6 Million in its Korinthos-based packaging facility in Greece to drive sustainable packaging innovation and increase production capacity by 30%. The investment will lead to a further 30% increase in the facility’s production capacity and is…
Fitday announced a strategic investment from superstar Mahesh Babu’s firm, GMB Entertainment. This marks a significant milestone in Fitday’s mission to revolutionize the nutrition and healthy snacking industry. With a presence in over 10,000 stores, Fitday has established a strong…