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Novozymes acquires PrecisionBiotics for EUR 80M

Novozymes acquires PrecisionBiotics for EUR 80M

The acquisition gives Novozymes broader access to the overall consumer health marketDenmark headquartered biotechnology company Novozymes has acquired 100% of the equity in Irish Healthcare company PrecisionBiotics Group Limited for an amount of DKK 600

Global
Genova Diagnostics introduces collect-at-home nutritional test

Genova Diagnostics introduces collect-at-home nutritional test

The Metabolomix+ profile identifies complex nutritional insufficienciesUS based Genova Diagnostics introduces a new collect-at-home nutritional test to help support telemedicine practices and provide clinicians a more comprehensive set of options without a blood draw. The

Global
Cargill invests 3.5M euro to produce gourmet chocolate

Cargill invests 3.5M euro to produce gourmet chocolate

The investment provides access to enhanced innovation capabilities and an extended customer networkCargill has invested 3.5 million Euro in its site in Kalmthout (Belgium) to increase its capabilities for producing gourmet chocolate. The investment adds

Global
Piestro working to automate pizza production

Piestro working to automate pizza production

New early stage start-up combines culinary excellence and automation agility to get favorite pizza options closer to home, kicks off with $100,000 equity crowdfunding raise in just one weekUS based Piestro – a new start-up

Global
Mayorga Organics disrupts ground coffee category

Mayorga Organics disrupts ground coffee category

The company has released the first ever organic specialty coffee "brick pack" into the marketNationally-recognized leader in sustainably-sourced specialty organic coffee, US based Mayorga Organics, is injecting new life into the ground coffee segment. The company

Global
Upfield invests €50M into future of plant-based foods

Upfield invests €50M into future of plant-based foods

Announced the intent to open a new state-of-the-art Upfield Food Science Centre in Wageningen, the Netherlands.South Holland based Upfield Group, the global leader of plant-based margarines, spreads and cheeses has announced its intent to invest

Global
Nestlé focuses on premium mineral and functional water brands

Nestlé focuses on premium mineral and functional water brands

Exploring strategic options for parts of North American businessNestlé S.A.’s Board of Directors has approved a new strategic direction for its Waters business. The company will sharpen its focus on its iconic international brands, its

Global
Nestlé extends nutri-score implementation to Spain, Portugal

Nestlé extends nutri-score implementation to Spain, Portugal

Nutri-Score is a color-coded system that classifies food and drinks according to their nutritional profileNestlé announced that it is extending the use of the Nutri-Score nutrition labelling to its food and beverages in Spain and

Global
Investors bet on mushrooms for food industry transformation

Investors bet on mushrooms for food industry transformation

This round was completed during the midst of the COVID-19 pandemicUS based startup MycoTechnology closed its Series D round of financing for $39M, totaling over $120M. The Series D round was co-led by Greenleaf Foods, SPC, S2G

Global
Nutricia supports research initiatives for COVID-19 patient recovery

Nutricia supports research initiatives for COVID-19 patient recovery

Nutricia is supporting clinician-led research initiatives in 16 countries around the world via €1 million in fundingThe Netherlands based Nutricia, part of world-leading food, beverage and nutrition company Danone, has announced it is supporting research