Investments, Acquisitions and Funding
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Phytokana Ingredients gains US$17.7M funding for its protein facility
The capital will facilitate a Final Investment Decision for Phytokana’s proposed dry fractionation plant located in Strathmore, which is designed to process an estimated 30,000 metric tonnes each year.
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Compleat Foodservice allocates US$809.8K to enhance cookie production
The new line has been installed at the company’s Weston Road site in Crewe, increasing its overall cookie production capacity by more than 30%.
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Lotus Bakeries to invest US$576M in Biscoff expansion as global demand grows
The company plans to invest around €500m (US$576.3m) across the sites in Belgium, the US and Thailand by 2030.
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Tiger Brands introduces alternative-fuel logistics fleet for Albany bread deliveries
The new fleet will initially operate on selected Albany bread delivery routes, with plans for a phased expansion as the company evaluates performance, fuel efficiency, and environmental impact.
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Vandemoortele USA completes final phase of acquisition of Banneton Bakery
The completion of the transaction gives Vandemoortele full ownership of Banneton Bakery, strengthening its manufacturing footprint in the United States and reinforcing its commitment to serving the growing demand for premium frozen bakery products across the region