The Australian Foreign Investment Review Board (FIRB) has approved $1.13bn bid by JBS USA to acquire Australian Consolidated Food Holdings (Primo), said treasurer Joe Hockey. With this approval, US subsidiary of the Brazilian meat ...
Tags: meat processing, Pork
Freedom Foods has reported a Net profit of $55.2 million for the first half of the 2015 financial year. However, the Net Profit figure was boosted by the inclusion of a post-tax fair value gain of $52.2 million from the gain on ...
Tags: Freedom Foods, Agriculture
American snack maker Snyder's-Lance has expanded its gluten-free snacks portfolio, with the introduction of new offerings. The new snacks under Cape Cod, Snack Factory Pretzel Crisps, Eatsmart Naturals and Lance brands are certified ...
Tags: Gluten-Free Snacks, Snyder's-Lance
Quintessential Brands has acquired French spirits producer Lafragette & Legier (L&L) from French American Vintners. The acquisition marks an important step in the company's growth as an international drinks business. This ...
Tags: spirits, Quintessential Brands
Amber Beverage Group, a unit of alcoholic beverages producer and distributor SPI Group, has expanded its partnership with Beam Suntory, effective March this year. With this partnership, Amber Beverage will bolster its position in the ...
Tags: Amber Beverage, alcoholic beverages, Suntory
US-based Bob Evans Farms has scrapped plans to sell or spinoff its sausage and refrigerated-food business. This comes after the company witnessed 18% decline in shares to $48.80. Sandell Asset Management, which owns over 7% of Bob ...
Columbia Sportswear Company, that designs and markets sports apparel and accessories, has announced new strategic organisational changes, intended to further drive sustainable, profitable growth. According to the promotional changes, ...
Tags: Sportswear, Apparel
Swedish fashion retailer Lindex said it has banned the use of perfluorinated compounds (PFCs) in all the garments they sell. The fashion retailer has been phasing out PFCs since 2012 as a part of its efforts to reduce the use of hazardous ...
Tags: Lindex, perfluorinated compounds, garments
Chinese mobile brands including Huawei, ZTE and Gionee are displaying their latest technology at the Mobile World Congress in Barcelona, Spain. Huawei has unveiled its wearable devices, including smart earphones and its first smart ...
Tags: 2015 MWC, Huawei, wearable devices
As more global fast food chains rush to China for expansion, they also have to face the costly headaches in a fast-changing food supply environment plagued by repeated safety scandals. Fast-food giant McDonald's Corp recently announced ...
Tags: fast food, Food Production Monitor
Chief executive says company is confident of catching up with top global players TCL Corp, one of China's leading consumer electronics companies, will boost its presence in the telecommunication device segment of the domestic market in ...
Tags: TCL Corp, consumer electronics, telecommunication device
Packaging technology supplier Bosch Packaging Technology has expanded its after-sales services support in Latin America with a regional service hub in Sao Paulo, Brazil. With a base of around 3,000 machines in the Latin American market, ...
Tags: Bosch Packaging, Packaging
Indian e-commerce site Jabong showcased Spring/Summer 2015 pieces from its global label offerings at the Delhi instalment of India Kids Fashion Week (IKFW), a runway platform aimed to encourage the country’s burgeoning childrenswear ...
Tags: Jabong, Global Labels
LG plans to launch a new flagship series of smartphones that will be positioned above the existing G-series, a new report suggests. An article by the Korea Herald claims that LG wants to outdo its own top-tier goods with a super-premium ...
Tags: LG, G-Series, Smartphone
Australia based Warrnambool Cheese and Butter Factory (WCB) has agreed to acquire the everyday cheese business (EDC Business) of Lion-Dairy & Drinks (LDD), in a A$137.5m ($107.3m) deal. With this transaction, WCB will boost its ...
Tags: Cheese, Butter, Lion Dairy