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Industries
Food & Agriculture
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Amsterdam, Netherlands
Founded
2018
Upfield specializes in creating plant-based food products, including margarines, spreads, and butters, aimed at promoting health and sustainability. Their products are made from natural ingredients and cater to consumers seeking nutritious alternatives to traditional dairy items. Upfield operates through various retail channels, selling directly to consumers and partnering with retailers. What sets Upfield apart from competitors is its strong commitment to sustainability, not only in its product ingredients but also in its packaging, which uses eco-friendly materials. The company actively engages in ethical practices and global initiatives, such as the Global Shea Alliance, to enhance its environmental impact. Upfield's goal is to improve individual health and contribute to a more sustainable food system.
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Flora Food Group to spend $90 Million to expand in Hugoton Kansas. Flora Food Group to spend $90 Million to expand in Hugoton Kansas.Hugoton, Kansas — According to state and local development sources, Flora Food Group plans to invest $90,000,000.00 to build out new space in Hugoton. The company plans to occupy the new space in Hugoton, on or about October 1, 2025. According to the company website The driving force behind our success as a global leader in plant-based food are the circa 4,800 Flora Foodies who live our purpose every day and are engaged in our mission, delivering through our values of Performance, Care and Passion. Results Matter. With an Always Day 1 mindset
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Singapore, 29 June 2024 - SUTL Food Industries, a wholly-owned subsidiary of SUTL Corporation, is pleased to announce the commencement of a new partnership with Upfield.
KKR paid €6.8 billion (around $7.3 billion) to acquire Upfield from Unilever, which sold the unit under pressure from investors to accelerate growth and increase profitability after an abortive takeover attempt by U.S. rival Kraft Heinz Co. (Nasdaq: KHC).
Two days after Beyond Meat posted an 18% decline in sales to $343.4 million coupled with a $338.1 million net loss in 2023, Spanish plant-based meat startup Heura posted a 22% increase in sales to €38.3 million ($41.5 million) and says it’s on course to turn a profit next year. While solidifying its leadership in its home market of Spain, Heura’s international sales grew 63% in 2023, with moves into high-profile European retailers including Intermarche in France, Auchan in Portugal, Pam in Italy, Colruyt in Belgium and Waitrose in the UK. It also struck foodservice deals with Vueling, Hilton and Royal Caribbean, and Serunion. Barcelona-based Heura, which has raised €56 million ($61 million) since it was founded by Bernat Añaños and Marc Coloma in 2017, also announced a partnership with plant-based spreads and cheese maker Upfield and unveiled plans to license patent-pending technology it claims is cheaper and more effective than extrusion at texturizing plant proteins
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Industries
Food & Agriculture
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Amsterdam, Netherlands
Founded
2018
Find jobs on Simplify and start your career today