The €50M (US$58M) investment is intended to fuel Mlinar’s expansion plans across Croatia and the wider central, southern, and eastern Europe region.
The deal underscores growing investor interest in health-focused food brands and highlights the continued momentum of plant-based and clean-label products in the American marketplace.
The landmark deal positions Cobram Estate as the largest olive oil producer in the US, significantly expanding its footprint in California and strengthening its global market presence.
The national bakery is unveiling a “Real Sourdough” consumer education campaign alongside the rollout of izzio Organic Artisan Sandwich Breads.
The deal builds on Aboitiz Foods’ established expansion strategy in Asia