ConAgra Foods has entered into an agreement with Platinum Equity to sell its food ingredient sourcing and distribution company JM Swank for an undisclosed sum. The sale of JM Swank is part of ConAgra's strategy to restructure its ...
Tags: ConAgra Foods, Platinum Equity
ConAgra Foods has announced that it would invest $200m to expand operations at its Lamb Weston’s facility in Richland, Washington, US. The expansion will see an addition of a new french fry processing line at the plant. While the ...
Tags: ConAgra, fry processing line
India’s consumer goods conglomerate ITC has forayed into the into dairy whitener market by launching its Sunfresh brand. In October last year, it entered dairy business by introducing packaged ghee. Sunfresh brand is its second ...
Tags: Sunfresh Brand, dairy business
Chinese companies make up a quarter of the foreign delegations to take part in the International Festival for Business (IFB) held this year in the northwestern British port of Liverpool, organizers said Saturday. "Our target had been for ...
For the first time, local Chinese brands are equal to international brands in a measurement index -- meaning they are now in many ways perceived as equally competitive, new research found. According to advertising giant WPP and its market ...
China faces two separate challenges: the long-term issue of a declining potential growth rate and the immediate problem of below-potential actual growth. Indeed, the government's supply-side reform strategy will go a long way toward doing ...
Leroy Seafood Group has entered into an agreement with Aker Capital and Aker Capital II to purchase a controlling stake in Havfisk and Norway Seafoods Group for NOK3.2bn ($390m). The acquisition represents 64.4% and 73.6% of the total ...
Tags: Leroy Seafood, Seafoods
Flexible liquid packaging solutions provider Liqui-Box has signed an agreement to acquire both the engineering and flexible operations of South Africa-based Maverick for undisclosed amount. Liqui-Box is a portfolio company of private ...
Tags: Liqui-Box, Flexible Operations
South African competition commission has given conditional approval of Anheuser-Busch InBev’s $100bn acquisition of SABMiller. The Commission has given to the recommendations to the Competition Tribunal following an investigation ...
Acura announced the first serial production 2017 Acura NSX at the new Performance Manufacturing Center (PMC) in Marysville, Ohio. The PMC is the exclusive manufacturing home to Acura's next-generation NSX, the only supercar made in ...
DSM has modified its Delvo Fresh range of quark cultures to meet the customer demands for smoother, creamier quark with a subtle flavour. Apart from contributing to healthy, protein-rich diets, the quark cultures makes production faster ...
Tags: DSM, dairy products
Sealed Air (SEE) is the latest forward-thinking operation to invest in Esko Equinox to streamline its print production process to enhance its business offering. Sealed Air logo SEE was founded in 1957. Today, there are three divisions: ...
Tags: Sealed Air, Packaging
Denali Ingredients, an ingredients supplier to the food manufacturing industry, has unwrapped a sweet new facility featuring a brand new look, expanded space and new capabilities. The building, located at 2400 S Calhoun Rd. in New Berlin, ...
Tags: Denali Ingredients, ice cream
Stora Enso will invest a total of approximately EUR 70 million in a new polyethylene (PE) extrusion coating plant and an automated roll warehouse (ARW) at Imatra mills in Finland. Extrusion coating is a process used to enhance the ...
Tags: Stora Enso, Coating
Consumer goods conglomerate ITC is planning to set up eight new integrated food processing units in India by 2019, by investing over Rs 40bn ($593m). According to ITC divisional chief executive V L Rajesh, the investments are part of the ...