Focus:
As an innovative, strategic knowledge partner, ATS Global will ensure the visibility of production processes in order for customers to achieve their business goals in the food and beverage industry.
US-based snacks and treats producer Second Nature Brands has opened its new Innovation Center in Michigan to fast-track new product development.
Global taste and nutrition company Kerry Group has signed an agreement to acquire Hare Topco, trading as Niacet, for $1.01bn (€853m).
US-based dairy farmer cooperative Agri-Mark has broken ground on the expansion of its cheese manufacturing plant in Franklin County, Chateaugay, New York.
Pilgrim’s Pride has agreed to acquire the meats and meals business of Kerry Consumer Foods in the UK and Ireland in a $939m (£680m) deal.
Cacique is constructing a new dairy processing facility with a capital investment of $88m in Amarillo, Texas, US, to meet the growing demand for its products across the country.
Motif FoodWorks has raised $226m in a Series B funding round to accelerate its advancement of the plant-based food category.
The plant-based market is expected to grow at a CAGR of 11.9% from 2020 to 2027 to reach $74.2bn by 2027. (Meticolus Research®)
US-based GenTech Holdings has signed an exclusive letter of intent to acquire natural foods company NxtBar.
Kraft Heinz has reached an agreement to acquire Turkish sauce company Assan Foods from Kibar Holding in a deal worth approximately $100m.
