Investments, M&A & Funding
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University of California embarks on a US$70m initiative to reduce methane emissions in dairy using CRISPR
USA- A team of scientists from the University of California- Davis and Berkeley- are embarking on a US$70m donor-funded initiative to block methane emissions from cattle using…
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Hershey acquires two popcorn manufacturing plants to revitalize its SkinnyPop popcorn brand
USA- American chocolate manufacturer, Hershey, has acquired two popcorn manufacturing plants from Weaver Popcorn Manufacturing to set itself to tap into “increasing” consumer demand for…
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Richardson rolls out US$220 million investment in its Wesson oil production plant
USA- Canadian grain handler and merchandiser Richardson International is investing US$220m in modernizing its Wesson Oil facility in the US state of Tennessee. The agri-food…
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Azelis deepens roots in Latin America with the acquisition of ingredients specialist Vogler
BRAZIL- Azelis, a global multi-industry ingredients company headquartered in Belgium, recently signed an agreement to acquire the majority shares of Vogler Ingredients Ltda, a legendary…
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Macadamia processor Exotic Epz among 7 firms receiving US$5M grants from USAID to champion food security in Kenya
KENYA – Exotic-EPZ Kenya, a leading macadamia processor and exporter, is among 7 firms that are benefiting from a US$5.1 million grant from the US…