Food Processing

While VC firms may be backing meat substitutes made from plants, consumers won’t sacrifice taste, said panellists at the Future Food-Tech conference in New York.

The acquisition is the third by the food services distribution company as it bulks up its food technology and distribution capacity.

ESO and Kingsley Capital are betting on a rise in Europe's Muslim population with their £20.5m investment in halal meat distributor Janan.

The acquisition by the Cooke group marks the second attempt by P&P to sell off the seafood company, after a previous agreement fell through last autumn.

The joint venture with Afrisian is the start of an expansion effort by the animal feed and edible oils company.

Ventura Foods will take on assets from Cargill's facilities in Ohio, Georgia and Florida.

German company Kalle has been passed through four private equity firms' hands.

Founded two years ago to take advantage of beef export opportunities, Verde Beef will grow “tenfold” with new funding, according its latest investor 8 Miles, which is also preparing to raise a second fund.

The Singapore-based agribusiness company will invest the money in processing facilities in India and Nigeria that source produce from smallholder farmers.

A 7% increase in pork production offset decreases in all other categories of US red meat production.