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Current Position:Home » News » General News » Topic

Deals this week: Yumble, Roquette, Tyson Foods

Zoom in font  Zoom out font Published: 2018-09-30  Views: 12
Core Tip: Yumble has secured $8.5m through a Series A funding round led by Sonoma Brands, Danone Manifesto Ventures, Wharton Professor Martin Lautman, RiverPark Ventures, Launch Capital and Apple Core.
Yumble has secured $8.5m through a Series A funding round led by Sonoma Brands, Danone Manifesto Ventures, Wharton Professor Martin Lautman, RiverPark Ventures, Launch Capital and Apple Core.
 
The firm intends to use the funds to support its national expansion, develop new products and improve marketing.
 
Based in the US, Yumble is a kid’s meals brand offering food products that are free of gluten, egg and dairy.

Roquette has completed the acquisition of plant-based protein facility of Texpall.
 
The transaction enables Roquette to strengthen its presence in food, nutrition and health sectors. It will also help in the expansion of Roquette’s portfolio of textured plant-based ingredients for the global meat alternatives segment.

Tyson Foods has raised $400m through a public offering of senior notes.
 
Due 2023, the notes will pay a fixed annual coupon rate of 3.9%, payable semi-annually on 28 March and 28 September each year.

The notes were issued at 99.861% of the principal amount.

Davis Polk & Wardwell is the legal adviser to Tyson Foods for the transaction.

The firm has also raised $500m through a public offering of senior notes due 2048. The notes bear an annual interest of 5.1%.

Mr.Choi PATISSERIE has raised $14.5m through a Series A funding round led by New Vision Capital.

Mr.Choi PATISSERIE is a maker of pastries and desserts..

Both the companies involved in the transaction are based in China.

ReGrained has secured $2.5m through a series seed funding round led by Griffith Foods.

The funding round has also involved the participation of Barilla Group’s BLU1877, Telluric Foods, as well as other strategic and crowdsourced investors.

ReGrained is a mission-driven ingredient platform, while Griffith Foods is a producer of customised food ingredients.

Both the companies involved in the transaction are based in the US.

Greenyard has signed a purchase agreement with Straco Investments Comm for divesting its Horticulture segment for €120m ($140.95m).

Based in Belgium, Greenyard is a producer of frozen vegetables and fruits. It also offers a different range of deep-frozen vegetable dishes and ready-to-use meals.

Greenyard will sell both Horticulture and Mycoculture operations under the Horticulture segment to Straco.

Del Monte Foods intends to form a joint venture (JV) with Rene Produce to sell Mexican tomatoes to customers in the US and Canada.

The JV will allow Del Monte Foods to sell Round, Roma, Specialty and organic range of tomatoes across the US and Canada throughout the year.



 

 
 
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