Denmark-based Lantmannen Unibake has entered an agreement with Raiffeisen Group, a leading banking group, to buy the retail and bakery business of GoodMills Romania.
Lantmannen Unibake is a global bakery business, which is primarily engaged in the supply of frozen and fresh bakery products, whereas GoodMills is a producer and retailer of food products.
Fit Meal Solutions, an online food-tech firm that operates under the Eatonomist brand based in India, has raised funds for marketing and brand-building.
Founded by Anisha Dhar and and Nupur Khanna, the start-up has secured the investment from MCube Capital Advisors.
The assets of Teja Dairy, including a dairy plant, will be acquired by Heritage Foods for Rs6m ($0.08m).
With operations in dairy, retail, agriculture, bakery and renewable energy, Heritage Foods will acquire the 20,000l a day dairy plant after receiving approval from its board.
Both the companies involved in the transaction are based in India.
Danish company Arla Foods has priced an issuance of five-year bonds for a principal amount of Skr500m ($60.07m) in a deal that is expected to be completed by the end of the month.
The bonds will have an interest rate of 1.875% a year, payable annually. The proceeds from the offering will be used to refinance the company's existing debt. The offering will be made through the Arla Foods subsidiary, Arla Foods Finance.
Arla Foods is engaged in the production and supply of dairy products, soups, sauces and a variety of fermented products.
Online food marketplace 10bis has secured an undisclosed amount in investment from US-based private equity firm TA Associates Management.
Based in Israel, 10bis plans to use the funds in order to grow its business operations.
The managing director of TA Associates Management will join the board of directors of 10bis as part of the transaction.
