In order to supplement and expand its cultivated protein portfolio, JBS Foods is completing acquisition of Spanish company BioTech Foods. It is also planning to build a new plant in Spain to ramp up production and Brazil’s first cultivated protein research and development (R&D) center, investing as much as $100 million in these projects. JBS will become the majority shareholder of BioTech Foods, combining each company’s strengths to accelerate the development of the cultivated protein … [Read more...] about JBS acquires BioTech Foods, constructs facility in Spain
acquisition news
ADM’s acquisition of Deerland Probiotics & Enzymes set
In ADM’s latest investment moves, the company will be acquiring Georgia-based Deerland Probiotics & Enzymes. This is in line with its strategic campaign to expand current product offerings of health and wellness products. Customers of today are, more than ever, prioritizing health and well-being, showing a growing demand for nutritious food, beverages and supplements. The acquisition is set to be completed in the coming weeks. Deerland focuses on probiotic and dietary supplements. The … [Read more...] about ADM’s acquisition of Deerland Probiotics & Enzymes set
