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35%  
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Keyword: protix

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  • Meat Giant Tyson Foods Buys Stake in Insect Protein Company

    10/19/2023 5:24:22 AM PDT · by CFW · 20 replies
    Daily Fetched ^ | 10/18/23 | Jason Walsh
    Tyson Foods announced it had invested in insect-protein supplier Protix and plans to build a partnership US production facility. “The American meatpacker said Tuesday that it agreed to buy a stake in Dongen, Netherlands-based Protix BV to help fund its expansion. The companies will also form a joint venture to build and operate a US facility that will produce bug-based meal and oil, which are typically used in fish feed and dog food. Financial terms of the deal weren’t disclosed,” Bloomberg reported. The meat giant did not disclose the size of its minority stake it has taken in Protix. Protix...