Colombian Government Considers $5 Mln Investment in Agricultural Bio-Inputs Plant

The Colombian government is studying a potential USD $5 million investment to construct a public agricultural bio-inputs plant, based on information disclosed by the Ministry of Agriculture to Blu Radio.

This initiative forms part of Colombia's broader strategy to enhance its agricultural infrastructure and comes amidst escalating costs for key agricultural inputs such as urea, which have seen historical price surges due to global market fluctuations influenced by the Ukraine conflict.

The proposed plant aims to develop a range of products essential for local agricultural operations...

Mitsui Investing in Leading Indian Poultry Producer Sneha Farms

Japan’s Mitsui & Co., Ltd. is investing an undisclosed amount in integrated Indian poultry producer Sneha Farms Pvt. Ltd, one of India's leading companies in terms of production volume.

Sneha is based in Hyderabad, Telangana state. Established in 1982, the company employs approximately 5,500 staff. Its business units include feed manufacturing, broiler production, meat processing and packing, transportation, and retail. Its poultry processing plant has a 12,000 birds/hour capacity. The company also has five hatcheries.

Sneha Farms Private Limited operates six feed mills across the states of Telangana... 

Freddy's Frozen Custard & Steakburgers Drives Expansion Through Recent Reinvestment 

Fast-casual restaurant concept Freddy's announced today the signing of several multi-unit development agreements to further expand the brand's nationwide footprint. The growth will be led by seasoned franchisees in Freddy's existing system, bringing more than 30 new restaurants to target markets within New Mexico, Texas, Idaho, Arkansas, Oklahoma, Missouri, and Arizona. This announcement comes on the heels of a historic year of development for Freddy's, as the brand unveiled 62 new restaurants across the nation, including its 500th location...

QDOBA Completes Whole Business Securitization, Providing Additional Liquidity to Supercharge Growth

QDOBA Restaurant Corporation (“QDOBA”), the leading fast-casual Mexican restaurant franchisor and portfolio company of Butterfly Equity (“Butterfly”), today announced the closing of its inaugural $305 million whole business securitization through Qdoba Funding LLC.

The transaction optimizes QDOBA’s capital structure for ongoing growth and provides meaningful interest expense savings. Proceeds from the transaction will be used primarily to refinance QDOBA’s existing senior debt facilities and provide liquidity to invest meaningfully in general corporate initiatives, such as remodeling more than 80 corporate restaurants and adding digital menu boards to... 

Branded Hospitality Ventures and Results Thru Strategy Announce Partnership

Results Thru Strategy (RTS), strategic advisor to restaurant brands, technology companies, and investment firms, and Branded Hospitality Ventures (Branded), the leading investment and solutions platform dedicated to the hospitality and foodservice industry, today announced they had reached a partnership agreement.

Through this partnership, RTS will provide culinary, supply chain, and branding advising and consulting across operations, technology, marketing, and go-to-market strategy to Branded clients, partners and connections, which include emerging and growing restaurant brands and technology companies.

"We're excited to bring complementary resources to support...

Beef Checkoff's Producer Communications Efforts Necessary to Shape Current, Future Programs

Since 1988, beef producers have funded the national Beef Checkoff by paying a mandatory $1 per head on the sale of live domestic and imported cattle, overseen by the Cattlemen's Beef Board (CBB) and the USDA. While the Beef Checkoff has been around for decades, some beef producers have questions about how their dollars are being spent. That's why the Beef Checkoff sets aside a very small percentage of its funds each year for the Producer Communications program...

Gov. Kemp: CJ Foodville to Invest $47 Million in Hall County

Governor Brian P. Kemp today announced that CJ Foodville Corporation, a subsidiary of CJ Group, will invest more than $47 million in a new bakery and food processing facility in Gainesville, creating an estimated 285 jobs in Hall County.

“Our top-ranked workforce training program remains a crucial tool for our state as we prepare hardworking Georgians for opportunities in a range of sectors, including the food industry,” said Governor Brian Kemp. “With Georgia’s access to 80 percent of the U.S. market within a two-day drive...