
Meadow Foods acquires Nimbus Foods to expand footprint in value-added ingredients space
The UK’s leading independently-owned dairy group has acquired food decorations producer Nimbus Foods from Valeo Foods for an undisclosed amount.

The UK’s leading independently-owned dairy group has acquired food decorations producer Nimbus Foods from Valeo Foods for an undisclosed amount.

The terms of KIND's first-ever acquisition were not disclosed, but the company said it would harness its distribution network and R&D capabilities to speed up innovation for Creative Snacks.

US celeb chef Christina Tosi’s burgeoning chain of dessert and bakery shops has secured a Series B funding from Sonoma Brands, the venture fund that invests in category disrupting brands, including Krave Jerky and Smashmallow.