Hilton Food Group acquires Dalco Food B.V
International multi-protein food business Hilton Food Group has agreed to acquire the remaining 50% shareholding of vegan and vegetarian food manufacturer Dalco Food B.V.
International multi-protein food business Hilton Food Group has agreed to acquire the remaining 50% shareholding of vegan and vegetarian food manufacturer Dalco Food B.V.
According to Bloomberg Intelligence (BI), the plant-based foods market could make up to 7.7% of the global protein market by 2030, with a value of over $162 billion.
Verdino Foods, a brand delivering 100% plant-based products based on pea protein, is launching in the UK in August.
New research from business and financial adviser Grant Thornton UK LLP, suggests that plant-based foods “show no signs of losing their allure for investors.”
Co-led by BGF and Lever VC, the £11 million investment achieved by THIS™ is the largest Series A fundraise for a meat alternative brand in the UK.
Norfolk-based company Novo Farina will use £3 million raised from private investors to fund the next stage of its development.