CoLab Tech is is designed to build a venture pipeline of early-stage snack brands focused on ideas that address tech-driven processes, sustainability and other priority areas for the Oreo maker.
"We're not just passively investing in promising sustainable food technology startups," said co-founder and general partner Jennifer Stojkovic in a press release. "Our team is fully committed to leveraging our expertise, powerful network,...
The plant-based sector remains an enormous long-term growth opportunity, though investor retrenchment will continue in the short term, investors told the recent Plant-Based Protein Manufacturing Summit in Amsterdam.
Private equity firms and Hershey are prospective suitors for up for sale Russell Stover, but America’s leading boxed chocolate firm could struggle to stay relevant, according to an analyst from Mintel.
Tate & Lyle will pump up to £30m ($48m/€36.5m) over eight-years in a new venture capital fund that will invest in start-ups and expansion-stage companies in food sciences and enabling technologies.
Mondelez International will inject 10% of its global marketing budget into mobile initiatives including one that pulls insight and innovative ideas from start-up companies and entrepreneurs.
US confectioners Farley’s & Sathers and Ferrara Pan have announced plans to shut a manufacturing facility and a packaging and distribution plant following the two firms’ merger to become the Ferrara Pan Candy Company.
UK plastics firm Fairgrieve Moulding has beat off international competition to land a £1m contract with German confectioner Storck, after receiving £20,000 in regional funding.
Food and beverage makers could soon tap into a range of new
ingredients with a healthy twist as sugar and sweetener firm Tate
& Lyle launches a new venture capital arm to focus on
next-generation ingredients.
Nestlé says it will embrace moves by hard discounters to sell more
branded products as part of its plan to recover from difficult
times on Europe's food and drink market.
The future of one of Russia's leading confectionery companies,
Sladko Holding, is increasingly uncertain, and consultancy firm
Market Advice suggests that its imminent demise could mark the next
step in the overhaul of Russia's...
