Editor’s take: The week that was May 3-8
May 9, 2021
As I curate the list of significant developments that unfolded this week, I’ll begin with the fundraising activity in Southeast Asia. While the number of firms or GPs raising capital has been a tad lower when compared to the other weeks, their commitment goes on to signal how LPs or funds-of-funds are increasingly betting big on prominent themes, keeping consumer trends and the long-term growth story in mind.
Temasek-backed Big Idea Ventureshit the $50 million final close of its debut alternative protein fund after raising capital from investors such as Le Groupe Bel, the French cheese manufacturer and distributor behind The Laughing Cow; AAK, a Sweden-based global producer of vegetable oil and fats; and Meiji Co, a Japanese food company.
Plant-based meat alternatives are surging from veggie burgers and soy sausages to high-tech and lab-grown substitutes for beef, chicken and seafood. Yet, there’s another trend brewing that’s all about less meat, not meatless. Say hello to hybrid foods.
Meat and vegetables are joining forces in this fast-growing category of hybrid products appealing to flexitarians, or part-time vegetarians. After all, most people are trying to reduce meat, not eliminate it entirely. About 36% of Americans identify as a flexitarian, compared to 3% who follow a vegan diet, according to a national consumer survey published by Packaged Facts.
The popularity of the flexitarian diet which scored a No. 2 spot for best overall diet from U.S. News & World Report Best Diets represents a mindset of moderation, instead of a regimented all-or-nothing approach.
Fromageries BEL: Bel exerts the undertaking to sell (call option) granted by the minority shareholders in 2016 and acquires an additional 17.56% of the capital of the MOM Group
at 6:00 pm
Bel exerts the undertaking to sell (call option) granted by the minority shareholders in 2016 and acquires an additional 17.56% of the capital of the MOM Group
In accordance with the agreements entered on October 20
th and December 15
th, 2016, Bel has today partially exerted the undertaking to sell (call option) granted by the minority shareholders of the MOM Group and acquired 17.56% of the ordinary shares (1).
Following this transaction, Bel holds 82.5% of the ordinary shares of the MOM Group.
UNIBEL : Undertaking to sell MOM 2021 streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Sales of cheese one of the UK’s favourite comfort foods were up by a massive 15 per cent at the height of the pandemic last year, according to market researcher Kantar.
While many of us find cheese delicious, it does tend to be packed with fat, calories and salt. So could one of the ‘healthier’ cheese options whether low calorie, high protein, cheese with added vitamins, or gut-friendly bacteria and even charcoal be a good option?
Here, dietitian Sophie Medlin, chair of the British Dietetic Association for London and founder of City Dietitians Clinics in London, looks at some of the newest products on the market. We then rate them.