Potato Processing company M&F Ltd. - based in the United Kingdom - has closed after losing one of its main customers. M&F produced fresh cut and peeled potato products and supplied these to companies who further process these potatoes into ready meals for the UK’s major supermarkets.
Since Monsanto took their genetically modified Newleaf /Naturemark potatoes of the market in 2001, no GM potatoes have been grown commercially in Canada. But Simplot's Innate potatoes are going to change that in 2017.
According to the data of Belgapom, the Potato Processing Industry in Belgium last year not only set a record for the amount of potatoes processed, but also a record for investments in the sector, with over 300 million euro (325 million USD) invested.
Yesterday, Conagra Brands, Inc. (NYSE: CAG) announced that it has entered into a definitive agreement to acquire protein-based snacking businesses Thanasi Foods LLC (Thanasi), maker of Duke's® meat snacks and BIGS LLC (BIGS), maker of BIGS® seeds.