Baker Tilly has carried out a survey of 13,815 companies in the Food & Beverage.
In this post, we take a closer look at the sector and, more specifically, at five companies that sold part of their shareholding in rounds during 2019.
Farmers, traders, wholesalers, food manufacturing companies and retailers.
Although to varying degrees, all of them, together, make up the Food & Beveragethe largest sector in the world.
WHAT IS IT?
The two segments of the Food & Beverage are the production and distribution of edible goods.
Such production includes the processing of meats and cheeses, the creation of soft drinks and beverages and other modified and packaged foods.
WHAT DOES THIS INDUSTRY INCLUDE?
The oil and gas industry food & BeverageThe term "food processing companies" therefore refers to all companies involved in the processing of food raw materials, their packaging and their distribution.
This includes fresh and prepared foods, as well as alcoholic and non-alcoholic beverages.
Below, we set out the Top 5 of companies Food & Beverage that were sold last year in different financing rounds.
TOP 5 COMPANIES SOLD IN THE SECTOR
DRUMS FOOD INTERNATIONAL
It is an Indian company founded in 2007.
You can visit dedicated to quality product experiences, with a superior taste.
The last partial sale of the company's shareholding took place in 2019, in a series C round.
MYCOTECHNOLOGY
It is a food technology companywhich uses mushroom-based food processing platforms.
In this way, they transform the taste and value of agricultural products.
In addition, MycoTechnology has launched ClearTastean all-natural, GMO-free, organic bitter blocker that enhances flavours.
Last year, I carried out a partial share sale, in one round, Series C, valued at $30M.
THE NOT COMPANY
Notco is a Foodtech company which saw the light of day in 2015.
Uses artificial intelligence to create, from plantsdelicious, sustainable and affordable food.
In this way, it offers unprecedented experiences with, for example, Greek yoghurt, milk, cheese or mayonnaise.
Its last shareholding sale was in 2019, in a Series A round for $30M.
INNERCHEF
Innerchef is another food technology company whose origin dates back to 2015.
It offers a mobile application for online food discovery and delivery.
It not only allows its users to order their favourite dishes, but also to have them delivered within 20 minutes.
In a series A round, it partially sold its shareholding in 2019, for $6.5M.
KEATZ
Keatz was founded in 2015 and is based in Berlin.
It is a company that creates sustainable recipes, processes and packaging, always using the latest culinary techniques..
$12M were those raised last year, when it sold part of its shareholding in a series B round.
