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PlantArcBio completes $3m funding round

PlantArcBio completes $3m funding round

PlantArcBio Ltd., a leading biotechnology startup for the improvement of crop yield, recently completed a funding round that raised $3 million from private investors and Israel Innovation Authority grants. PlantArcBio signed an agreement with the

Global
JBT Corp acquires Dutch food equipment provider

JBT Corp acquires Dutch food equipment provider

JBT Corporation has acquired Netherlands-based food equipment and solutions provider FTNON for €32 million to expand in the fruit and vegetable market.   FTNON, which is headquartered in Almelo, serves the fresh-cut and thermal food

Global
Select Harvests, PepsiCo to extend nuts biz in China

Select Harvests, PepsiCo to extend nuts biz in China

Select Harvests has entered into a trademark license and distribution agreement with PepsiCo Foods to distribute and market its Lucky branded nuts, seeds and blends into China.   Select Harvests will be co-investing with PepsiCo

Global
Kaslink, Tetra Pak to develop oat based drinks

Kaslink, Tetra Pak to develop oat based drinks

With plant-based dairy drinks trending strongly in Europe, Kaslink and its partner, Tetra Pak are willing to take risks to stay ahead of the competition.   In the Nordic countries, oat is a common food

Global
Sensient Tech acquires Canadian ingredients company

Sensient Tech acquires Canadian ingredients company

Sensient Technologies has bought Canadian ingredients company Mazza Innovation to boost its botanical extraction capabilities.   According to Wisconsin-based Sensient, the addition of the firm is a major step in the evolution of its “seed

Global
Cinnamon oil can help fight superbugs, says a study

Cinnamon oil can help fight superbugs, says a study

A researcher at an Australian university has found that cinnamaldehyde, a component of cinnamon essential oil, can help fight superbugs by inhibiting the development of even those bacteria that resist the most potent antibiotics. With

Global
Four major food companies launch sustainable Food Policy Alliance in U.S

Four major food companies launch sustainable Food Policy Alliance in U.S

Four largest food companies have launched the Sustainable Food Policy Alliance, a new organization focused on driving progress in public policies that shape what people eat and how it impacts their health, communities, and the

Global
Woolworths unites with Unicef to improve nutrition for 50,000 children

Woolworths unites with Unicef to improve nutrition for 50,000 children

A healthy body and mind: Grade 3 pupils from Mdantsane’s Vulumzi Primary School enjoy a meal as part of the education department’s feeding scheme to make up for poor nutrition.   Food and clothing retailer

Global
DSM introduces enzymatic solution to prevent acrylamide formation

DSM introduces enzymatic solution to prevent acrylamide formation

DSM has launched an enzymatic solution which is said to prevent the formation of acrylamide in high-pH applications such as corn chips, biscuits, and crackers.   Called PreventASe, the solution is suitable for a broad

Global
The J. M. Smucker Company to divest its U.S. Baking Biz

The J. M. Smucker Company to divest its U.S. Baking Biz

The J. M. Smucker Company announced the signing of a definitive agreement to sell its U.S. baking business to Brynwood Partners VII L.P. and Brynwood Partners VIII L.P., subsidiaries of Brynwood Partners, in a transaction