Investments, M&A & Funding
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Greencore to sell its vegetable oils business Trilby to K.T.C. Limited
IRELAND – Greencore Group plc, an Irish convenience food manufacturer has announced plans to sell its vegetable oil business Trilby to KTC Edibles for approximately €9.8 million (US$11M).…
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ZoomAgri garners US$6M to advance traceability in grain industry with innovative hardware-software system
ARGENTINA – ZoomAgri, a revolutionary agtech company, has successfully raised US$6 million in a series A funding round, signaling a momentous stride towards transforming the…
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Wheat milling giant, Forafric, expands crushing capacity with acquisition of SIMS
MOROCCO – Forafric Global PLC, a leading Moroccan grain trader and processor, has acquired 90% of Societe Industrielle de Minoterie du Sud (SIMS), a soft…
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Dr. Schär to expand its gluten-free capacity with a US$13.2M biscuit production facility in Germany
GERMANY – Italy-based gluten-free food group Dr. Schär plans to invest €12M (US$13.2M) in biscuit production at its manufacturing facility in Dreihausen, Germany. As reported…
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Kenya seeks US$3.2B to boost animal feed production in the next 10 years
KENYA – Kenya seeks to raise KES 460 billion (US$3.2B) for the implementation of the new national strategy for the animal feed industry over the…