The plant-based sector remains an enormous long-term growth opportunity, though investor retrenchment will continue in the short term, investors told the recent Plant-Based Protein Manufacturing Summit in Amsterdam.
The confectionery giant has announced plans to invest over $30m into a bakery factory in Antwerp which will expand the production of popular brands like TUC, Prince and LU PiM’s by an additional 6,500 tonnes.
As news broke last week that Silicon Valley Bank has collapsed due to a bank run, many attendees at Natural Products Expo West also had their own economic concerns – namely, how to find capital for their brands and survive the current moment.
Calbee has earmarked around 140 billion yen (US$1bn) for M&A, automation, equipment and facility upgrades to fortify its operations both at home and abroad.
PepsiCo is investing $200m in its Frito-Lay plant in Rosenberg, Texas to add two manufacturing lines and increase capacity of the warehouse to ensure future growth.
The idea of “doing good” as a company is quickly evolving from “nice to have” to “must have” for fundraising food and beverage businesses as investors and industry strategics increasingly integrate and place more weight on environmental, social and governance...
Spiceology, Inc., a privately held, direct-to-consumer spice company, has closed a $4.7m round of financing led by retail and grocery executive Ty Bennett, with participation by the Cowles Company, Kickstart Funds III & IV, and angel investors to...
The economic uncertainty caused by the coronavirus has pushed many investors into a protective mode that precludes new deals, but raising capital during the pandemic still is possible – it just requires entrepreneurs to more clearly define their value...
From better-for-you to permissible indulgence, snack SKUs have ballooned in recent years. The Colorado investment firm tells BakeryandSnacks what makes a brand worthy of investment.
VMG Partners, a private equity firm specializing in better-for-you food and beverage brands since 2005, announced its acquisition of popchips and the launch of an investment arm and incubator for the next snacking era.
PepsiCo and Stacy’s, under the Frito-Lay umbrella, are calling for women-led startups to apply to the Stacy’s Rise Project incubator competition, a mentorship and grant program.
Encore Consumer Capital and CircleUp Growth Partners have invested in 4505 Meats to aid its expansion and to capitalize on the soaring growth of the meat snack category.
UK-based agribusiness impact investor AgDevCo has secured £55m ($71m) from the UK’s Department for International Development (DFID) to expand its portfolio of sustainable investments in African agriculture.
Hyderabad-based Timla Foods has raised Rs. 13.7 crores ($2m) in debt financing from Anicut Capital, an investment firm with a focus on small and medium enterprises (SMEs).
The European Union (EU) is investing Ksh236m ($2.4m) to help Kenya revive its once thriving cashew nut industry that collapsed more than three decades ago.
The Kettle Chips maker is investing £2.7m ($3.5m) to upgrade the manufacturing capabilities of its Norwich factory as it celebrates its 30th anniversary.
Mondelēz International has inaugurated its biscuit plant in Opava, Czech Republic, one of the most modern factories in the company’s network and a leading producer of biscuits for the European market.
Swiss bakery business Aryzta has downgraded its full-year 2018 EBITDA, previously projected to be ‘broadly in line’ with last year, but now expected to be around 15% lower.
Amcor Flexibles Americas (AFA), which supplies flexible packaging for bread, dairy, confectionery, snacks and coffee, has implemented a 5-10% price increase on its products.
Constantia Flexibles has invested €6m ($7m) to meet a growing demand for specialty laminates in high property barriers, for confectionery, coffee and snacks.
Industry giants Nestlé and Unilever report steady sales growth driven by emerging markets for first quarter of 2017 and predict continued growth throughout the year.
Market research firm, MarketsandMarkets, reported the global bakery processing equipment industry is expected to reach $13.62bn by 2020 with the US being a key growth-driving region.
The average company investing in food waste reduction will see a fourteen fold return on their investments and half will see substantially more, says a new report.
Sweet and savory snacks will be among the hardest hit UK food categories as a result of the Brexit vote, according to analysts Euromonitor International.
That’s How We Roll – US-based producer of snack brands Mrs Thinsters and Dippin’ Chips – has been acquired by private investment firm Clearlake Capital.
Just weeks after announcing its intention to sell its private label business to TreeHouse Foods, ConAgra Foods has unveiled plans to re-engineer itself again, this time by separating into independent public companies: one comprising its consumer brands...
Finsbury Food Group has posted a 76% rise in profit before tax to £11.4M after a “transformational” year for the cake, bread and bakery goods manufacturer.
Roberts Mart has invested £2m to install a BOBST 20SIX eight-color printing press, Nordmeccanica Super Simplex Laminator and Proslit Slitter Rewinder at its Aire Valley factory in Leeds, UK.
