Investments, Acquisitions and Funding
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CIMMYT, KALRO launch US$1M wheat research facility to boost Kenya’s wheat production
The facility is set to significantly improve disease resistance, accelerate wheat breeding, and enhance yields, as the country seeks to reduce its 80% dependency on wheat imports.
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National Foods explains benefits derived from its recent delisting, current investments
On January 31, National Foods officially delisted from the VFEX, a move the company initially announced in November 2024.
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Ardent Mills plans to sell its quinoa processing facility
This facility is responsible for cleaning, polishing, sorting, and color grading a variety of specialty grains, primarily quinoa.
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LDC expands Argentine footprint with strategic acquisition in Santa Elena
This acquisition aligns with LDC’s strategic expansion in Argentina, following the purchase of a warehouse in Gobernador Mansilla in 2024.
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Belgian food group Vandemoortele acquires French Délifrance
This marks Vandemoortele’s second major announcement in a week. On Tuesday, the company confirmed plans to acquire the €450 million (US$511M) European margarine and spreads business of US food company Bunge.