Investment

Delivery Hero Invests €200m In Berlin-Based Gorillas

Delivery Hero has announced that it has invested €200 million in the Berlin-based on-demand delivery startup Gorillas Technologies. The investment...

GSK On Track With Consumer Split Amid Buyout Report

GlaxoSmithKline is 'firmly on track' to spin off its consumer health business next year, the British drugmaker has said, after Bloomberg News reported the...

Orkla Acquires Flying Pizza, Pizza Planet Chains In Germany

Norwegian food conglomerate Orkla has announced the acquisition of the Flying Pizza and Pizza Planet pizza chains, which between them operate 73 franchisee...

Aldi UK Sees Sales Up In 2020, Announces Investment of £1.3bn

The British and Irish arm of German discount supermarket group Aldi said it plans to invest £1.3 billion (€1.52 billion) over the next two...

Thai Union Invests In Food Ingredients Maker R&B Food Supply

Thai Union Group PCL has announced a 10% strategic investment of THB 3 billion (€77 million) in R&B Food Supply PCL (RBF), a Thailand-based fo...

Picnic Raises €600m From Investors, Gates Foundation

Picnic, an online grocery service based in the Netherlands, has raised €600 million ($706 million) in funding to speed up its expansion, the company s...