Biospringer by Lesaffre, a global player in the food fermentation space, has agreed to acquire selected intellectual property and technology of bacteria fermentation specialist PTX Food.

Cargill and Voyage Foods are bringing cocoa-free confectionery alternative NextCoa to the North American market, launching initially in the United States as manufacturers seek more sustainable and supply-resilient ingredient solutions.

Oishii has announced the first closing of a $150 million Series C financing round, supporting the scale of its indoor Smart Farm model as the company increases production.

Danone North America has confirmed plans to close its production facility in Bridgeton, New Jersey, US, which manufactures products under its dairy-free Silk and So Delicious brands.

Upcycling has emerged as a golden opportunity for food and beverage manufacturers to embrace circular economy principles, as reducing waste and minimising environmental footprints remain high priorities.

Green Boy Group has led an early-stage investment in Fudi Protein, a US-based start-up producing alt-protein ingredients from alfalfa.

Food-tech company Pentasweet has laid the foundations for its brazzein sweet protein factory in Vilnius, Lithuania, backed by €65 million investment.

GNT has opened a new sales and application centre in Shanghai, aiming to help manufacturers in China meet growing demand for foods made with plant-based colours.

Glebe Farm Foods has invested in a new on-site paper packaging machine, marking a positive step in its long-term ambition to explore more sustainable packaging options.