KatKin, known for its commitment to cat well-being and its fresh, veterinarian-formulated meals, plans to use the funding to expand its direct-to-consumer channels, boost awareness of fresh cat food, grow its team and invest in product innovation. Active Partners cites a projected $40 billion value of the global cat food market by 2030, with over 40% of cat owners expressing interest in fresh food for their pets. KatKin, the European cat-centric brand founded in 2019, has secured investment from venture capital and private equity firm Active Partners, alongside existing investors V3 Ventures and Octopus Ventures. Hello Bello aims to expedite the sale process, secure debtor-in-possession financing and continue its operations during the court-supervised sale, ensuring minimal impact on customers, employees and stakeholders. The company reached an agreement in principle to be acquired by Hildred Capital Management and has filed for Chapter 11 bankruptcy to facilitate the acquisition. Hello Bello, a leading brand of affordable baby- and family-care products, has announced a strategic move toward long-term success. The funds will be used to scale distribution, refresh packaging and enhance the supply chain, aiming for 2x growth in 2024 and moving closer to profitability. Mezcla’s plant-based protein bars come in unique flavors and culturally inspired packaging. Forbes reports the brand has received a total funding of $7.5 million to date. Mezcla, a snacking company known for its innovative puff-crispy bars featuring quinoa, has successfully secured $4 million in a Series A funding round led by Dream Ventures and Santatera Capital. Doehler has acquired Serbian frozen fruits specialist Frikos, expanding its range of premium freeze-dried berries and enhancing the supply chain. ADM is set to acquire Wisconsin-based Revela Foods, a dairy flavor firm using enzyme technology for various applications. Global ingredient firms ADM and Doehler have completed acquisitions to strengthen their portfolios. Two ingredient companies complete acquisitions The move aligns with DayDa圜ook’s strategy to grow its Asian convenient meal solutions in the US market and is the company’s second acquisition in the country. retailers, including Costco, Whole Foods Market, Safeway, Sprouts and Kroger. Yai’s Thai, founded in 2014, will expand DayDa圜ook’s presence in key U.S. The acquisition, financed through a mix of cash and stock, is expected to be finalized by the end of the year. The content-driven food brand DayDa圜ook will acquire Yai’s Thai, a Thai American food brand known for its pantry staples like curries and stir-fry sauces.
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