Croatian food company Podravka has launched a new business unit named as Food Solution to cater to the Horeca segment. A 1500m2 size factory has been recently built for the new unit which specializes in production of freshly made and ...
Tags: Podravka, Horeca Segment
Egpyt-based bakery group Edita Food Industries has signed an agreement with Khalifa A.Algosaibi Cold Stores (KACS) for distribution of its products in Saudi Arabia. As per the agreement, KACS will distribute the Edita’s ...
Tags: Edita Food Industries, KACS, agreement
Global agriculture company Syngenta has completed expansion of its key projects in Brazil and Switzerland to increase its production capacity. It had invested a total of $240m in two Brazilian plants. One of them is the new Elatus ...
US Foods has entered into an agreement to acquire specialty foods distributor Jeraci Foods to expand its reach in the Italian independent restaurant and pizzeria sectors. However, the terms of the transaction were not disclosed. Based ...
Tags: US Foods, Jeraci Foods, acquisition
Tequila giant Jose Cuervo has filed for an initial public offering (IPO) on the Mexico stock exchange, with plans to raise about $1bn. The company revealed that the stock sale will be handled on its behalf by the local units of Morgan ...
Tags: Jose Cuervo, IPO, Mexico stock exchange
Nine Dragons Paper announced the audited consolidated results of the company and its subsidiaries for the year ended 30 June 2016. The Board has declared and approved a final dividend of RMB 8 cents per share, and special dividend of RMB ...
Tags: Nine Dragons Paper, annual results
Drinks giant Diageo is reportedly planning to slash around 400 jobs at its London office in order to boost profits and reduce expenditures. The move from the company is seen to be a part of a three-year initiative designed to save ...
Tags: Diageo, cut jobs, headquarters
Japanese food company Ajinomoto will launch its Japanese-style ramen in North America as part of its strategy to bolster its frozen noodles business in the region. While also expanding its frozen foods business in the region, Ajinomoto ...
Tags: Ajinomoto, Japanese-style ramen, frozen noodles business
The profitability of Chinese baijiu makers recovered last year, according to a report published by the World Alcoholic Beverage Alliance on Monday. The gross margin of baijiu, or "white liquor," producers' main business grew to 33.1 ...
Tags: Liquor Industry, Baijiu
Slowdown-scarred, growth-seeking Chinese television manufacturers are shifting their focus to intelligent TVs and overseas markets. Five key reasons characterize the trend: falling sales, the rise of smartphones and personal computers as ...
Tags: intelligent TVs, computers
National Beef Packing Company has announced that it will invest $8m to expand its boxed beef storage and shipping capabilities at its Liberal facility in Kansas. The Missouri-based company will add a palletizer, sorters, crane along with ...
According to the 2016 Chinese LED Chip and Package Industry Market Report by LEDinside, a division of TrendForce, the market scale of China’s LED package reaches 2% year on year (YoY) growth at US $8.8 billion in 2015. The COB LED ...
Face to face trade shows, conferences and events have become the largest estimated share of a B2B marketers budget. Once you have determined trade show exhibiting is right for your company, here are the questions to ask to pinpoint your ...
Tags: B2B marketers, exhibiting, trade show
Corporate financial results for the first half of this year are nigh, and more than 60 percent of some 1,800 A-share listed companies have said they expect positive growth. Agriculture, biopharmaceutical, food and beverage are among the ...
India’s Amul dairy brand maker Gujarat Cooperative Milk Marketing Federation (GCMMF) has partnered with Ahmedabad-based e-commerce solution provider firm to sell its products through an online portal and mobile app. Amul, the ...