Ukrainian agri-food company MHP has successfully closed its acquisition of over 92% of Grupo UVESA’s share capital, marking a significant expansion into the Spanish market. The transaction, valued at €225 per share with potential contingent consideration of up to €21.43 per share, was completed following regulatory approvals from multiple jurisdictions.

A collaborative four-year project led by the Italian Space Agency is developing genetically modified rice varieties specifically designed for cultivation in space environments and extreme terrestrial conditions.

Functional ingredients manufacturer BENEO has entered into a three-year partnership with international NGO Rikolto and climate technology firm CarbonFarm to promote sustainable rice production in Vietnam’s Mekong Delta. The €800,000 initiative, funded by the Government of Flanders as part of the Flanders International Climate Action Programme, aims to train over 1,000 Vietnamese rice farmers in […]

The Ferrero Group will acquire WK Kellogg Co for $23.00 per share in cash, representing a total enterprise value of $3.1 billion. The transaction will bring WK Kellogg Co’s breakfast cereal portfolio under Ferrero’s ownership, including manufacturing, marketing and distribution operations across the United States, Canada and the Caribbean.

Global ingredient solutions provider Tate & Lyle has announced a strategic partnership with MassChallenge UK and MassChallenge Switzerland to support early-stage food and beverage entrepreneurs through the accelerator’s established innovation programmes.