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Acquisition sees Solina expand into the US

Solina has signed an agreement to acquire Saratoga Food Specialties, continuing its expansion in North America. The transaction is expected to close at the end of October 2022. With operations in California, Illinois and Nevada and annual sales of US$280 million, Saratoga supplies restaurants and food manufacturers with custom dry seasoning blends and liquid solutions …

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Puratos adds local ingredients to its portfolio

Having acquired fruit grower and processor company Fourayes, Puratos UK has “bolstered” its portfolio of locally made products. The acquisition is part of the company’s commitment to responsible, transparent and local sourcing. The Puratos local and transparent fruit sourcing programme aims to embed sustainability through the entire value chain, which includes sourcing raw materials to …

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Field100 project cultivates old crop varieties

To celebrate Dr. Schär’s 100th anniversary, the company has been collaborating with the Laimburg Research Centre as part of the Field100 project since the start of 2022. Cooperating with carefully selected seed banks – Crop Trust and Genebank Tyrol – the company has planted 100 varieties of plants such as sorghum, quinoa and amaranth. During …

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CoLab 2023 opens for another year

SnackFutures, the Mondelēz innovation and venture hub, opened applications for CoLab 2023. This marks the third year of the start-up engagement program which was created to bring ‘big and small’ together to drive mutual growth. The 12-week program includes in-person workshops, hands-on experiences and virtual curriculum sessions along with one to one mentorship. Participants must …

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Plant-based pizza brand raises funding

Wicked Kitchen has announced as of 28 September 2022, it has managed to raise US$20 million in additional funding, having tripled its year-over-year sales growth of animal-free products. New investors include actor and vegan advocate Woody Harrelson, Ahsima, a fund that invests in startups which are building a sustainable world and NRPT, a Thailand-based producer …

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