Investments, M&A & Funding
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Baking and dairy ingredients specialist Synercore secures US$4.7M from Norfund to fund expansion plans
SOUTH AFRICA – Norfund, the Norwegian investment fund for developing countries, is investing ZAR 80M (US$4.7M) in convertible debt in the expansion plans of Synercore…
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Evonik invests US$27.3M to upgrade German methionine intermediates plant
GERMANY-Evonik, a world leader in specialty chemicals, has invested €25M (US$27.3M) in developing and expanding its methyl mercapto-propionaldehyde (MMP) production plant, an organic compound that…
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General Mills divests natural tortilla snacks company “Food Should Taste Good” 10 years after its acquisition
USA – General Mills has divested natural tortilla snacks company “Food Should Taste Good” to Real Food from the Ground Up for undisclosed sum. Founded…
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UK Capital Markets Authority blocks Jus-Rol by Cerelia over monopoly concerns
UK – French firm Cérélia, a Puff pastry giant, has been denied the green light to purchase Jus-Rol over concerns it may leave UK retailers…
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Ardent Mills maintains strong quarterly result, reports Conagra Brands
USA-Ardent Mills, one of the largest milling companies in the United States, has maintained an upward trajectory in the second quarter that ended November 27,…