Belgian bakery group La Lorraine has invested a further EUR12.5m in its subsidiary’s factory, located in Campia Turzii, Romania, reports local publication Ziarul Financiar. The capital injection sees a new production line being added at the plant, which, so far, has operated four. The fifth addition is dedicated to high-quality rustic bread made with ingredients […]
Irish frozen food startup Strong Roots has received USD18.3m in funding from the private equity firm, Goode Partners, as it looks to expand its U.S. presence, reports TechCrunch. The firm’s past investments in the food industry include U.S. bakery business Dave’s Killer Bread, which was acquired by New York Stock Exchange-listed Flowers Foods in 2015 […]
DGF (Distribution Gastronomie Formation) recently announced it has secured an investment of a total of EUR8m, through a funding session, in order to boost its growth. The injection of capital will allow the company to continue its development, with a particular focus on the export business. The group is already present in more than 80 […]
Alpha Foods, a company making plant-based frozen meals, announced its seed investment earlier this month, via a USD7m round of funding co-led by New Crop Capital and AccelFoods. The infusion of capital will allow the company to expand the brand’s reach and expand its plant-based product portfolio. Alpha Foods offers meals including burritos, pot pies, […]
Cavendish Farms, one of the largest processors of frozen potato products in North America, has equipped its new production facility in Lethbridge, Alberta with Tomra’s Eco steam peelers. Cavendish Farms is committed to sustaining the environment and operates at the highest standards to protect the environment. “We are continuously looking for new ways to reduce […]
An affiliate of New Water Capital L.P., a Boca Raton-based private equity firm focused on lower-middle market companies, announced it has made a growth capital investment in The Perfect Bite Co., a leading research, development and ideation firm for the frozen food industry, according to a press release. Founded in 2006, Los Angeles-based The Perfect […]
Tyson Ventures, the venture capital arm of Tyson Foods, Inc., has invested in food tech startup Memphis Meats, a leader in cultured meat produced directly from animal cells. The investment is an example of Tyson Foods’ commitment to explore innovative, new ways of meeting growing global demand for protein. While the terms were not disclosed, […]
McCain Foods will invest GPB 100m in a UK plant which produces frozen fries and other potato products. The company said that the investment is due to increasing demand for its products. Also, part of the money will go into equipment upgrades, such as a state-of-the-art odor reduction technology, as well as extensive landscaping around […]
Greenyard Foods has recently announced the opening of its expanded plant in Lipno, Poland. The main factory now encompasses 22,000sqm, following an investment which creates a solid platform for future growth of the company’s frozen food business. Thanks to this significant investment, Greenyard’s Frozen operations in Poland are now largely concentrated in one location, Lipno, […]
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