Granarolo buys majority stake in Brazilian importer Allfood The deal is Granarolo's second investment in two years Brazil after it bought a stake Yema in 2015. The deal will create synergies which will allow Granarolo to become a leader in the production and importation of European food products to Brazil. Read more.

HelloFresh announces partnership with Sainsbury’s to sell meal kits in-store The agreement will see the meal kits rolled out to 35 stores in London and the South East, with the ultimate plan to introduce them nationwide. This comes after the company ran a successful pop-up in Old Street this month. Read more.

AG Barr announces profits growth of 4% for the last financial year The maker of Irn Bru and other soft drinks restructured itself last year, contributing to the rise in profits, which reached £43m. The restructure has reduced overheads by £3m and streamlined the organisational base of the company. Read more.

Inventure Foods agrees sale of its Fresh Frozen Foods brand to The Pictsweet Company for nearly US$23.7m The all-cash sale was announced during a company wide review process aimed at improving shareholder value. Inventure Foods bought the Georgia-based frozen-foods brand in 2013. Read more.

Haribo announces plans to build US manufacturing plant The German company is intending to buy land in Wisconsin to construct the facility, set to open in 2020, which will be one of the largest in the world. Haribo is the fastest growing sugar business in the US, and the new factory is key to their expansion. Read more.

Impossible Foods inaugurates its first large-scale production facility in East Oakland The plan for the site is to produce enough Impossible Burgers to serve four million people per month within the year, 250 times more than the company currently produces. Impossible Foods expects to hire 80 additional staff for the 67,000 sq ft facility. Read more.