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AMERICAS ASIA EUROPE FRUITS & VEGETABLES NEWS ORGANIC & WELLNESS

AMERICA’S ORGANIC FIRMS RAISE GLOBAL PROFILE AFTER NEAR $1 BILLION USDA AWARD

20 Dec 2021  Read: 3 min.
Despite the arrival of the new Omicron variant in the continuing Covid-19 saga, America’s Organic Trade Association (OTA) – a major voice for the organic trade in the United States – has put international trade back on its agenda in a big way after a large government award.
OCEANIA

BIRIPI CAPITAL SIGNS AUS$20M DEAL WITH HUDSON FOOD GROUP

20 Dec 2021  Read: 2 min.
Biripi Capital, an Aboriginal-owned private equity firm in Australia has signed a major deal with a hotel and restaurant food services company. The company – which was set up last year and is named after the people native to the New South Wales coast – has signed a AUS$20 million (€12.59 million) agreement with Hudson…
EUROPE ORGANIC & WELLNESS

EU OFFERS €185.9M TO AID AGRI-FOOD PROJECTS LINKED TO EUROPEAN GREEN DEAL

17 Dec 2021  Read: 3 min.
The European Union is putting its money where its mouth is by allocating tens of millions of euros for the promotion of EU-produced sustainable agri-food products.
EUROPE SEA FOOD

LAB FIRM ORIVO ANNOUNCES AMBITIOUS €880,000 PROJECT TO IDENTIFY SPECIES IN AQUAFEED

17 Dec 2021  Read: 2 min.
Orivo, a Norwegian firm that provides laboratory services for testing marine ingredients, has been awarded 8.6 million Norwegian krone (€810.000) to fund a research project that should make it easier to determine the type of fish used in aquafeed.
AMERICAS GROCERY

POD FOODS RAISES $13M IN NEW FUNDING TO CONTINUE ‘REINVENTING’ GROCERY SUPPLY CHAIN

16 Dec 2021  Read: 4 min.
Pod Foods, a Texas-based full-service wholesale marketplace connecting retailers to brands has announced that it has raised a total of $13 million (€11.53m) in funding to help grow its platform.
AMERICAS FOOD PROCESSING GROCERY

KRAFT HEINZ TO MERGE US AND CANADA – 80% OF GLOBAL SALES – INTO ONE POWERFUL UNIT

16 Dec 2021  Read: 2 min.
Kraft Heinz is merging its US and Canada businesses into a single North America unit by the company’s second fiscal quarter of 2022 (ending June).
BEVERAGES

WHY NON-ALCOHOLIC BEVERAGES ARE SEEING A BOOM

15 Dec 2021  Read: 3 min.
Non-alcoholic and low alcohol beverages have emerged as a key trend in the world of hospitality.
AMERICAS EUROPE FROZEN PRODUCTS

STRONG ROOTS SELLS A STAKE TO MCCAIN FOR $55M

15 Dec 2021  Read: 2 min.
McCain, the frozen food giant, has acquired a minority stake in the Irish plant-based frozen foods producer, Strong Roots in a deal worth $55 million (€48.77 million). The deal should help Strong Roots to expand and, although it does not involve the handing over of control of the company, will allow access to McCain’s research…
ASIA GROCERY NEWS

INVESTCORP BACKS CHINA’S INSTANT FOOD BRAND MO XIAOXIAN IN 4TH REGIONAL FORAY

14 Dec 2021  Read: 2 min.
As part of a growth strategy targeting food-related companies in Asia, Investcorp has completed an investment in Mo Xiaoxian, an instant food brand in China.
GROCERY NEWS TRADE TALK

SYSCO ACQUIRES THE COASTAL COMPANIES AND LAUNCHES NEW APPS

14 Dec 2021  Read: 3 min.
Leading US food service business Sysco has announced that it has entered into an agreement to acquire The Coastal Companies, a leading fresh produce distributor and value-added processor, from Continental Grain Company.
AMERICAS BEVERAGES NEWS ORGANIC & WELLNESS

HOLIDAY HOPES FROM US ALCOHOL RETAILERS: 73% EXPECT TO MEET OR EXCEED 2020 SALES

13 Dec 2021  Read: 3 min.
With Covid-19 in full swing last Christmas, online sales boomed to finish a strong year for e-commerce across the board. In the alcohol sector, North American retailers are expecting another strong holiday season
EUROPE FOOD PROCESSING

ENGINZYME SIGNS DEAL TO DEVELOP AMBITIOUS HIGH-TECH WAYS TO PRODUCE FOOD

13 Dec 2021  Read: 2 min.
EnginZyme, a Stockholm-based company that uses cell-free biomanufacturing to produce food, drinks and chemicals, has announced that it has signed an agreement with “a global processing company” in a bid to "improve food and beverage production".

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