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Baking & Snacks – INVESTMENTS, FUNDING & M&A
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Millow to build US$18.9M protein facility
The Swedish company received EU funding to set up large-scale fermentation plant. The new site will produce binder-free, oat-based protein using mycelium.
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Nestlé Zimbabwe boosts production capacity with US$7M investment
New US$7M investment in Nestlé’s Harare factory expected to drive food security, job creation, and regional exports.
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Fazer Group invests US$12.5M to expand its bakery plant
The company aims to increase its market share of whole grain bread in Finland from 57% to 65% by 2030.
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Edita Food Industries plans entry into Côte d’Ivoire
The company’s regional push is closely tied to its export strategy.
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Farmley secures US$42M Series C funding to expand its operations
For Farmley, this investment represents a major turning point as it seeks to increase its market share in India’s quickly expanding dried fruit and nut sector.