The Rockefeller Foundation donates US$10.7M to support WFP school feeding programs

GLOBAL-The Rockefeller Foundation has donated a US$10.7 million grant to The United Nations World Food Programme (WFP) to help the agency support school feeding programs in Benin, Ghana, Honduras, and India. The grant entails a two-year-and-a-half initiative that is part of The Rockefeller Foundation’s Good Food strategy, which focuses on increasing access to affordable, healthy food; reducing greenhouse gas emissions in the…

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Lotus Bakeries invests in US cognitive performance snack brand IQBAR

USA – Belgium-based biscuit and snack maker Lotus Bakeries has acquired a minority stake in IQBAR, a better-for-you bar manufacturer based in the US. The investment for an undisclosed sum was made through the firm’s corporate venture fund FF2032 which positioned Lotus as a lead investor in IQBAR. The partnership is part of IQBAR’s series B funding round which is aimed…

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Swiss consumer food group Hero offloads UK gluten-free brand Juvela to S-Ventures

UK- Swiss international consumer food manufacturer Hero Group, has sold its Hero UK which trades as Juvela to a London Stock Exchange-listed enterprise company, S-Ventures. Juvela manufactures and distributes a range of branded gluten-free products which include high quality and tasty free-from range of bread, mixes, and pasta sold in the UK retail and pharmacy markets. The company has been…

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