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The deal, completed just three months since the company raised €45m, will enable the Dutch firm to expand by adding mealworms, crickets and locusts to its portfolio.
The Detroit-based lower mid-market firm plans to combine Aquamar and LM Foods into a single platform focused on providing imitation crab meat to North American food service, food manufacturing and retail channels.
Poor safety standards at China’s mega-farms are threatening investors with a crisis. But the potential returns earned by improving meat production processes provide an opportunity of the same scale.
Poor food safety standards and breakneck growth at Chinese mega-farms could impact companies’ bottom lines and cause reputational damage, an investor group warns.
Analitus will compliment Global ID’s existing presence in the South American nation, where food safety has become a prominent national issue.
Consumer focus on weight loss will likely lead to a decrease in global consumption over the next 15 years, says Rabobank.
The Deprez Family now owns more than 50% of Greenyard, a long-time private equity favorite with a market capitalization of more than €970m.
Tokyo-headquartered Otsuka Pharmaceutical says that after the $325m deal is finalized, the plant-based cheese alternative supplier will become a pillar of its nutraceuticals business.
The funding will go towards increasing productivity through sustainable practices, ensuring food security, and promoting resilience and climate change mitigation.
South Africa’s Western Cape ag sector is set to receive a boost, as the province’s investment promotion agency focuses on agri-processing as a means towards economic growth and job creation.
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