J.M. Smucker’s proposed $285m purchase of Conagra Brands’ Wesson cooking oil brand has hit a roadblock with the US Federal Trade Commission (FTC) accusing the deal will reduce competition in the country for canola and vegetable ...
Tags: cooking oil
Cargill has agreed to acquire Brazil-based SGS Microingredients for an undisclosed sum in a move to expand its business in the industrial oils segment. The acquisition of SGS Microingredients is said to be in line with Cargill’s ...
Tags: Cargill, Industrial Oils
US-based agribusiness company Archer Daniels Midland (ADM) and Wilmar International have received all required competition approvals to launch their joint venture Olenex. Following the approvals, the companies plan to launch the new ...
Tags: ADM, Wilmar International, Olenex
Cargill is to quit the vegetable oil business in Romania in a bid to develop its agricultural operations in the country. The US agribusiness giant has agreed to sell assets that include the Untdelemn de la Bunica and Olpo to Expur, part ...
Tags: Cargill, Oil Brands, Sofiproteol
It's the time of the year when we look back at the 12 months just past to see what was getting you clicking on just-food. The ten most-read news stories of 2012 include UK grocers signing a code of conduct on promos and Tesco announcing it ...
Australian food manufacturer Goodman Fielder has agreed to offload its Integro commercial oils business to local grain trader GrainCorp. Goodman Fielder announced the A$170m (US$176.5m) deal today (28 August). The company, which is ...
Tags: Goodman Fielder, oils business, GrainCorp, Cargill
Australian grain handler GrainCorp has agreed to acquire Australian oilseed crusher Gardner Smith for A$302m ($313.82m) as well as Goodman Fielder's commercial oils business Integro Foods for A$170m ($176.65m). The deals, which represent ...
Tags: commercial oils business, edible oil sector, leading oilseed crusher
Australasian food company Goodman Fielder has entered into an agreement to sell its Integro oils business to a consortium comprising GrainCorp and Gardner Smith for A$170m($176m). The sale does not include the out-of-home business in ...
Tags: agreement, Integro oils, divestment
Australian food group Goodman Fielder, which has made losses in its last two financial years, said today (22 November) it had secured a "milestone" agreement on prices and recovering input costs. MD Chris Delaney said Goodman Fielder had ...
Tags: Goodman Fielder, losses, food, bread, artisan bread