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Lulu to launch new food processing facility in ZonesCorp’s ADFZ
Food Processing & Equipment

Lulu to launch new food processing facility in ZonesCorp’s ADFZ

Pankaj Singh December 15, 2018
Lulu Group, Abu Dhabi’s renowned hypermarket chain has recently made it to the headlines for unveiling plans to launch a food processing and cold storage facility in Abu Dhabi’s one of the largest food zone ZonesCorp (ADFZ – Abu Dhabi Food Zone). The announcement was …
Tilman Fertitta’s Waitr to acquire Bite Squad
Food & Beverages

Tilman Fertitta’s Waitr to acquire Bite Squad in a $321 million deal

Pankaj Singh December 14, 2018
Minneapolis-based renowned food delivery company, Bite Squad – who has been on a buying spree for past two years – was reportedly acquired by the wealthiest restaurateurs Tilman Fertitta in a USD 321 million deal. This has been marked as one of the biggest tech …
McDonald’s plans to remove antibiotics from its global beef supply
Food & Beverages

McDonald’s plans to remove antibiotics from its global beef supply

Pankaj Singh December 13, 2018
McDonald’s, the top fast-food chain, has reportedly announced that it will no more use antibiotic drugs in its beef supplies. The move reportedly addresses the concerns of overuse or misue of antibotics that may lessen the drugs effectiveness in treating humand diseases. The restaurant chain …
First brick-and-mortar Deliveroo restaurant to open in Hong Kong
Food & Beverages

First brick-and-mortar Deliveroo restaurant to open in Hong Kong

Pankaj Singh December 12, 2018
In a bid to create a retail landscape, the London-based online food delivery company Deliveroo, has reportedly introduced its very first brick-and-mortar restaurant in Hong Kong. The 2 billion-dollar start-up plans global extension of the concept, subject to positive public response. Sources familiar with the …
Licious
Food & Beverages

Licious raises $25 million in funds, aims for growth in more cities

Pankaj Singh December 11, 2018
Licious, a subsidiary of India-based processed seafood & meat brand Delightful Gourmet Pvt. Ltd., has recently made it to the headlines for raising 25 million dollars in a Series-D round that was led by Nichirei Corp., the top poultry processing company in Japan. The Bengaluru-based …
beef snack sticks for milk allergens
Food & Beverages

FSIS recalls 47 pounds of beef snack sticks for milk allergens

Pankaj Singh December 10, 2018
3-D Meats LLC in Dalton, Ohio, has reportedly recalled around 47 pounds of RTE (ready-to-eat) beef stick products because of being misbranded and containing of undeclared allergens. As reported by the U.S. Department of Agriculture’s FSIS (Food Safety and Inspection Service) these RTE beef snacks …
New $34 million F&B incubator kicks off in East Garfield Park
Food Processing & Equipment

New $34 million F&B incubator kicks off in East Garfield Park

Pankaj Singh December 8, 2018
The Hatchery, one of the largest food & beverage incubators in the U.S., has recently announced that it is open for business at East Garfield Park in Chicago. Reportedly, the new Chicago-based USD 34 million food incubation space helps local entrepreneurs to establish and nurture …
Celsius inks deal with Anheuser-Busch & PepsiCo’s delivery partners
Food & Beverages

Celsius inks deal with Anheuser-Busch & PepsiCo’s delivery partners

Pankaj Singh December 7, 2018
The agreements will allow Celsius expand its footprint and service new stores and customers Globally renowned fitness drink maker, Celsius Holdings, Inc., has recently secured distribution agreements with the U.S. giant Anheuser-Busch and PepsiCo’s delivery partners. As per reliable sources, John Fieldly, President and CEO, …
FAT Brands completes the acquisition of LA-based Yalla Mediterranean
Food & Beverages

FAT Brands completes the acquisition of LA-based Yalla Mediterranean

Pankaj Singh December 6, 2018
Reports confirm that owner of Fatburger, FAT (Fresh. Authentic. Tasty.) Brands Inc. has acquired the Los Angeles-based chain of authentic Mediterranean cuisine restaurants, Yalla Mediterranean. With this acquisition, FAT Brands franchises over 300 restaurants globally, besides having more than 300 additional restaurants under development in …

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