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Tag "funding"

Smart packaging company Hive announces £2.5m investment

Loughborough-based smart packaging company Hive has announced an investment of £2.5 million from private equity firm Encore Capital, which will allow it to transform its business by enabling a shift to a more subscription-based model.
The ultimate ambition is to give every consumer packaged goods pack a unique identity that facilitates engaging on-pack promotions, allowing brands […]

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USDA: $3.4m in funding for Wheat Research

    USDA: $3.4m in funding for Wheat Research

US Agriculture Secretary, Tom Vilsack has announced the availability of $3.4 million for research projects in support of the new International Wheat Yield Partnership (IWYP) program.
“Wheat is one of the world’s most important staple crops, providing a significant amount of daily calories and protein throughout the world,” said Secretary Vilsack. “By 2050, the demand for […]

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UK Smoked Fish Industry Receives Funding Boost

    UK Smoked Fish Industry Receives Funding Boost

The UK’s traditional smoked fish industry is to benefit from European and industry funding to promote awareness and increase sales of its specialist seafood products. Funding will be used to develop a brand identity, interactive website and drive attendance at a series of specialist food events. The aim is to improve consumer awareness of the […]

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£15 Million to Support Pioneering R&D in UK Food Manufacturing

    £15 Million to Support Pioneering R&D in UK Food Manufacturing

From using sound waves to cook, to foods that fill you up faster – up to £15 million is on offer to anyone who can come up with ways to transform UK food manufacturing and reduce waste. The money is part of a Government-backed drive to support pioneering research and development that unlocks the huge […]

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Heineken Assigned Solid Investment Grade Credit Ratings

    Heineken Assigned Solid Investment Grade Credit Ratings

Heineken has been assigned solid investment grade credit ratings by the world’s two leading credit agencies – Moody’s Investor Service and Standard & Poor’s. Both long-term credit ratings, Baa1 and BBB+, respectively, have ‘stable’ outlooks and reflect the brewer’s excellent geographic spread of profits and cash flows, its leading positions in beer markets across the […]

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Dairy Crest Completes Debt Refinancing

    Dairy Crest Completes Debt Refinancing

Dairy Crest has successfully completed a debt refinancing by arranging a new bank facility that will mature in October 2016 and by raising additional debt private placement. In total, including existing debt private placement, theUKdairy group’s facilities will remain broadly unchanged at over £600 million.
 
A new five-year revolving credit facility of £170 million plus €150 […]

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Arla Foods to Use Bond Issue to Help Finance Growth Strategy

    Arla Foods to Use Bond Issue to Help Finance Growth Strategy

In order to broaden its access to finance for funding its growth strategy, Arla is giving professional investors the opportunity to invest in the company through a bond issue. The bonds will be issued in Swedish kroner and have a value of approximately SEK1.5 billion (Eur164m).
Based on a strategy of increasing the group’s turnover from […]

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