Beston Global Food Company (BFC) has acquired the assets of Australian Provincial Cheese (APC) for $2.2m. The acquisition includes its plant and equipment, trademarks, intellectual property along with all other assets needed to continue ...
Tags: BFC, APC, acquisition
Global food company Paulig Group has acquired a major stake of 51% in Finland-based Gold&Green Foods for an undisclosed amount. Gold&Green Foods is the manufacturer of pulled oats, a food innovation product. The partnership between the ...
Tags: Paulig Group, Gold&Green Foods
Kuwait-based food distributor Mezzan Holding has acquired a 70% stake in Al Safi Food Company for SAR90.75m ($24m). This will allow the Kuwait-based company to manufacture and distribute food and beverage products in Saudi Arabia using Al ...
Tags: Mezzan, Al Safi Food Company
Mondelez International has bought the remaining 20% stake in Vietnamese food company Kinh Do’s snack unit for VND 2tn ($90m) as part of its expansion strategy in emerging markets. In November 2014, Mondelez had agreed to buy 80% of ...
BRF Brasil has been approved by Humane Farm Animal Care (HFAC) for its Certified Humane program. The food company, which sells chicken products under the Sadia brand to the Brazilian market, got the certification for 33 of its chicken ...
Tags: BRF Brasil, HFAC, Certified Humane
French dairy giant The Bel Group has agreed to engage in exclusive negotiations to acquire a majority stake in fruit snacks and dessert maker MOM Group. Owned by a private equity LBO France, the MOM Group has significant presence in the ...
Because consumer preferences are continuing to evolve and Dannon puts consumers at the center of every decision it makes, today the nation's leading yogurt maker is implementing the first of many major changes to provide more choice to ...
Tags: non-GMO feed, milk
ASX-listed Clean Seas Tuna has increased its sales for the 2016 financial year by 83 per cent when compared to the2015 financial year. Clean Seas Tuna, Australia’s only commercial producer of kingfish, said its sales volumes ...
Tags: Clean Seas Tuna, Kingfish
Finland-based food company Raisio has signed an agreement to sell UK snack bar business, Halo Foods, to Dutch investor Nimbus. Halo Foods, a manufacturer of its partners’ branded products, became part of Raisio through the Glisten ...
Mexican food company Grupo LALA has signed a strategic agreement with the Costa Rican firm Florida Bebidas for the production, distribution and sale of LALA products in Costa Rica. The partnership is expected to enable LALA to gain access ...
US agricultural commodities trader Cargill has sold its wheat flour division in Argentina to Molino Canuelas Sacifia for undisclosed sum. Following the acquisition, Canuelas is expected to control 24% share in the flour in the country. ...
Canada-based poultry and pork products manufacturer Olymel is planning to invest over $25m to expand its hog slaughterhouse and butchering facility at St-Esprit in the Lanaudière region. Upon completion, the expanded facility is ...
Tags: Olymel, poultry and pork products
US Senator have reached a bipartisan deal for mandatory labeling of genetically modified organisms (GMOs) in packaged foods across the country. The proposal was introduced by Senate Agricultural Committee members Sen. Pat Roberts, R- ...
Tags: GMOs, mandatory labeling
A Dubai-based investment group led by businessman Mohamed Alabbar has agreed to acquire a majority stake in the Kuwait Food Company, which is known as Americana, for nearly $2.4bn. The consortium Adeptio headed by Emaar Properties PJSC ...
Olymel L.P. is acquiring all the assets of La Fernandière, a food company in Trois-Rivières specializing in the manufacture of a wide range of sausages sold under La Fernandière brand. The announcement was made ...