Company News

FoodTech start-up Wanda Fish Technologies, Ltd., announces it has secured USD 7 million in seed funding. The round was led by Netherlands-based global aquaculture investment fund Aqua-Spark, with additional funding from returning pre-seed investors The Kitchen Hub by the Strauss Group, Peregrine...

German packaging OEM manufacturer SOMIC is expanding its sales, after-sales and engineering expertise covering the South-East Asian markets from its newly founded subsidiary SOMIC Packaging Asia Pacific Co. Ltd. in Bangkok, Thailand. Somic known for their end-of-line machinery...

Cibo Vita, an award winning company at the forefront of the smart snacking movement, announced today that Citation Capital, LLC, a next generation private equity firm specializing in founder and family-led businesses, will acquire a majority interest in its...

Jan Derck van Karnebeek, CEO Royal FrieslandCampina N.V.: “Our goal is clear: produce top-quality products from our members’ milk and by doing so generate maximum value for them. Income that our members need to continue investing in the...

The demand for plant-based products has steadily increased over the last decade, as consumers’ interest in healthy and sustainably produced food has grown. Today, numerous companies compete in this market globally. In particular, the oat drinks market has...

Mondelēz International announced it has completed the sale of its developed-market gum business in the United States, Canada and Europe, excluding Portugal, to Perfetti Van Melle Group, a leading global gum and confectionery maker. The Portugal portion of...

Mahmoud Lamei, CEO of City Farm, said that his company actually began its work in supplying products into the American market since 2021, and at that time it achieved annual sales amounting to $28 million, rising to $35...

Anuga 2023 will be the arena in which Acquaroma, a pioneering company in the hydration sector, will present its innovative vision. With a mission to help people "drink more water," Acquaroma is determined to turn hydration into a...

Royal®, recognized as the #1 brand of Authentic Basmati and Sona Masoori rice in America, is expanding its celebrated line of Ready-to-Heat products with a new White Queso & Jalapeño flavo. Royal's White Queso & Jalapeño Seasoned Basmati...

Dubai World Trade Centre (DWTC) has announced that Gulfood Manufacturing, the most influential annual F&B manufacturing event in the world, will take place from 7-9 November 2023. This year’s edition - the largest ever - will bring together...