CoLab Tech is is designed to build a venture pipeline of early-stage snack brands focused on ideas that address tech-driven processes, sustainability and other priority areas for the Oreo maker.
The Pillsbury maker is making a significant investment in its frozen dough plant in Joplin, Missouri, to meet increased demand for product innovation from foodservice customers, while its venture arm 301 Inc was among the raft of investors to support...
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.
301 Inc – General Mills’ venture capital arm – is ploughing $15m into two early-stage women-led venture capital funds, which are on a mission to promote racial and gender equity and economic opportunities for women of colour (WOC) entrepreneurs.
RXBar’s CEO Peter Rahal said the company has plans to expand beyond the nutrition bar category and enter the UK market soon, thank to Kellogg's $600m acquisition in October last year.
Kellogg’s venture capital fund eighteen94 has made its first investment in the in-car commerce company Cargo, but the agreement does not guarantee that Kellogg snacks like Pringles will be available in Uber.
Kellogg’s venture capital fund, eighteen94 Capital, is planning to invest in various food categories around sustainability and functional ingredients next year.
Mexican bakery conglomerate Grupo Bimbo is inviting food entrepreneurs to submit project proposals to be part of its newly-formed innovation accelerator.
Xolution has closed a €45m equity investment round with Inventure Management, in Singapore, to fund production of its next generation XO2.0 resealable beverage can technology.
Carbios has started production at its pilot plant in Saint-Beauzire, France, for biodegradable plastic, with a capacity of 40 kilograms per hour, using its exclusive enzyme-based technology.
The fallout from the growing consolidation in European flexible packaging market – spearheaded by Amcor’s takeover of Alcan's European packaging operations – has transformed the trading landscape for convertors and brand owners, according to PCI...
The dramatic push to develop India’s food processing sector continued this week after it was revealed the Government was in talks with banks to set up a venture capital fund for the sector.
Nestlé says it will embrace moves by hard discounters to sell more
branded products as part of its plan to recover from difficult
times on Europe's food and drink market.
US private equity group Apax last week announced its plans to
expand into the Spanish bakery market, after signing an agreement
to purchase Spanish bakery Panrico.
The decrease in merger and acquisition activity in the European
food processors market in 2004 appears to have been a pause as
buyers digest previous purchases before filling up on further deals
this year, PricewaterhouseCoopers (PWC)...
