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harddriver
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https://www.bloomberg.com/news/arti...n-craze-in-partnership-with-startup#xj4y7vzkg
Tyson Foods Inc. is making its first foray into the insect-protein industry as the meat giant seeks to diversify its operations.
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.
Tyson Foods Inc. is making its first foray into the insect-protein industry as the meat giant seeks to diversify its operations.
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.