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Abraaj Investment Management Has Secured Approval

Nov 21, 2014

Abraaj Investment Management has secured approval from the Egyptian Financial Supervisory Authority to acquire 51% stake in the nation's confectionery producer Bisco Misr for $119m. The company, which will pay £73.91 per share, will ...

Tags: confectionery producer, Agriculture

ADM Has Completed The Previously Announced Acquisition of Natural

Nov 21, 2014

US-based food processing company Archer Daniels Midland (ADM) has completed the previously announced acquisition of natural and organic food producer Specialty Commodities (SCI) for $191m. Specialty Commodities processes and ...

Tags: Specialty Commodities Acquisition, Agriculture

GCMMF Is Set to Invest in Two Other Indian States Such as West Bengal and Punjab

Nov 21, 2014

India’s Amul dairy brand maker Gujarat Cooperative Milk Marketing Federation (GCMMF) is set to invest in two other Indian states such as West Bengal and Punjab. GCMMF is expected to invest INR200 crore to set up a unit in West ...

Tags: Gujarat Cooperative Milk Marketing Federation, Amul dairy brand

Lactalis International Has Offered to Buy The Egypt-Based Dairy Firm Arab Dairy

Nov 21, 2014

French dairy producer Lactalis International has offered to buy the Egypt-based dairy firm Arab Dairy for LE66 ($9.20) per share. This new offer marks the highest price for share compared to the other potential buyers including Saudi ...

Tags: Arab Dairy, Acquisition Offer, Agriculture

Russian Food Safety Agency Rosselkhoznadzor Has Imposed a Ban on Meat Imports

Nov 21, 2014

Russian food safety agency Rosselkhoznadzor has imposed a ban on meat imports from Montenegro citing illegal export practices. The agency claimed that the EU is allegedly smuggling its meat to Russia under labels of Montenegro, TASS ...

Tags: Illegal re-exports of meat products, food safety, Agriculture

Gordon Biersch Unveiled Today Its New Chef-Driven Menu

Nov 21, 2014

Gordon Biersch, an upscale casual brewery restaurant specializing in handcrafted German lagers brewed in-house, unveiled today its new, chef-driven menu, featuring made-from-scratch, seasonal recipes across the brand’s food, beer and ...

Tags: upscale casual brewery restaurant, chef-driven menu, Agriculture

Ukraine Has Imposed a Ban on All Live Birds and Bird Product Imports From The UK

Nov 21, 2014

Ukraine has imposed a ban on all live birds and bird product imports from the UK, the Netherlands and Germany over bird flu outbreak. The ban will continue until the international watchdog ensures that these countries are free from bird ...

Tags: bird flu, bird product imports, Agriculture

ADM Has Sued Seed Company Syngenta After China

Nov 21, 2014

America’s corn processor Archer Daniels Midland (ADM) has sued seed company Syngenta after China refused to import a genetically modified MIR162 corn variety. The lawsuit reportedly argues that Syngenta commercialised this corn ...

Tags: corn processor, company Syngenta, Agriculture

The European Commission to Offer in Financing for Milk Producers in Estonia

Nov 21, 2014

The European Commission will offer €28m in financing for milk producers in Estonia, Latvia and Lithuania, in response to the ban imposed by Russia on certain EU agricultural product imports. Based on individual milk production levels ...

Tags: milk producers, EU agricultural product imports, Agriculture

Pre-Packaged Sushi Provider FUJI Food Products Will Open a New Production Plant

Nov 21, 2014

Pre-packaged sushi provider Fuji Food Products will open a new production plant in South Elgin, Illinois, as well as expand its presence in Midwestern US. The new 40,000ft2 plant is expected to become fully operational in December ...

Tags: sushi provider, Fuji Food Products, Agriculture

The Sheep Marshmallow Cake Kit with The Sheep Shaun Will Be Launched

Nov 21, 2014

UK-based children’s cake mix brand Green's is set to launch 'Shaun the Sheep' Marshmallow cake kit on the occasion of the release of 'Shaun the Sheep The Movie' on 6 February 2015. From January 2015 onwards, the new mixes will be ...

Tags: Marshmallow cake, Children's Charity, Agriculture

Finnish Food Company Raisio Group Has Acquired The Benecol Business in The UK

Nov 21, 2014

Finnish food company Raisio Group has acquired the Benecol business in the UK, Ireland and Belgium from Cilag, a subsidiary of Johnson & Johnson. Owned by Raisio Group, the Benecol brands' license to sell and market the products was given ...

Tags: Johnson&Johnson, Benecol business, Agriculture

Mazda Unveiled All-New 2016 Mazda Cx-3

Nov 21, 2014

Mazda unveiled all-new 2016 Mazda CX-3, a compact crossover SUV which is the fifth model in Mazda's line-up vehicle featuring SKYACTIV technology. The car will be powered by SKYACTIV-G 2.0-liter gasoline engine in North America and for ...

Tags: 2016 Mazda CX-3, SKYACTIV technology, Auto

Porsche Plan to Complete The Construction of Its Engine Plant at Its Zuffenhausen

Nov 21, 2014

Porsche is planning to complete the construction of its engine plant at its Zuffenhausen in Stuttgart, Germany by 2015. The plant is likely to feature an assembly line with logistics areas and engine-testing technology, offices, and staff ...

Tags: German Engine Plant, engine-testing technology, Auto

General Motors Has Extended The Deadline by One More Month for Victims

Nov 21, 2014

General Motors has extended the deadline by one more month for victims and their families of faulty ignition switches to apply for compensation. The previous set deadline was for 31st December and the decision to extend the date till 31st ...

Tags: compensation program deadline, Auto