Grupo Bimbo has acquired Groupe Adghal, a Morocco-based producer and distributer of baked goods. With sales rising to around 11 million dollars and a 20-year track record, Adghal represents Grupo Bimbo’s gateway to a new market. ...
Tags: Grupo Bimbo, Adghal, baked goods
US ride-hailing firm Lyft has raised $600m in new round of financing at a $7.5bn valuation. The investors in the funding round include KKR, Baillie Gifford, Alliance Bernstein, Canada’s Public Sector Pension Investment Board (PSP) ...
Tags: Lyft, self-driving car
Land O'Lakes has acquired Vermont Creamery, a creamery and artisanal cheese and butter-maker in Websterville, Vermont, US. Vermont Creamery Co-Founders Bob Reese and Allison Hooper and Land O'Lakes, Inc. President and CEO Chris Policinski ...
Tags: Land O'Lakes, artisanal cheese, butter
UK Government's Department of Health has worked with the alcohol industry to bring the guidance for a labelling that states health information on bottles of alcohol. The labelling will better reflect the latest advice on alcohol published ...
Tags: Alcohol Industry, Labels
UK-based Benders Papers Cups has developed new coffee cups for Falkingham & Taylor (Vending). The new cups, which will feature Programme for the Endorsement of Forest Certification (PEFC UK) certification label, have been developed to ...
Tags: Coffee Cups, Benders Papers
PepsiCo has added a new potato snack product dubbed, Poppables, to Lay’s line up. Poppables – a new, delicious, multi-dimensional, light-textured potato snack – is packed with flavor and fun to eat. To launch the latest ...
Tags: PepsiCo, Potato Snack
Ajinomoto has agreed to invest $15m in Israeli plant-based protein company Hinoman. Ajinomoto has also agreed to acquire the exclusive sales rights in Japan for Mankai, Hinoman Ltd.’s high-protein plant material with extraordinary ...
Russia-based Baltika Breweries, part of the Carlsberg Group, has expanded its capacity for production of non-alcoholic beer. The company increased the number of sites where innovative non-alcoholic brewery equipment is installed. ...
Tags: Baltika Breweries, Beer
CDF Corporation, a manufacturer of drum liners, pail liners, intermediate bulk container liners, bag in box liners and flexible packaging, has achieved SQF (Safe Quality Food) Level 2 Certification at both manufacturing facilities. The ...
Tags: drum liners, pail liners
British-Dutch multinational consumer goods firm Unilever has rejected American food giant Kraft Heinz’s merger proposal worth $143bn. It is not yet sure whether Kraft Heinz will be looking to approach another target following its ...
An exclusive design exhibition featuring an all-new artisanal furniture collection, Wander from Within is co-designed by Cultural Tastemaker Adrian Cheng and award-winning Japanese designer Shigeru Uchida. The exhibition will run from April ...
Tags: furniture collection, Wander
P.F. Chang's Home Menu is introducing new savory chicken and pork dumplings and the first family-size skillet meals, just in time for Chinese new year. Inspired by traditional Chinese dumplings, P.F. Chang's Home Menu Signature Pork & ...
Tags: Skillet Meals, dumplings
Bubbies Homemade Ice Cream & Desserts has been acquired by Chicago-based investment firm Kenex Holdings for an undisclosed sum. Headquartered in Aiea, Hawaii and founded in 1985, Bubbies makes mochi ice cream sold across the US and select ...
Through his six-decade career, Han Meilin-who is well-known as the chief designer of Fuwa, the good-luck mascots for the Beijing Olympic Games in 2008-has always turned to Chinese cultural traditions for inspiration. The 80-year-old began ...
Tags: Fuwa, Han Meilin
A champion of the yak as an emblem of the Tibetan highlands brings the spirit of the animal to a Beijing museum, Wang Kaihao reports. On China's online social networks, Wu Yuchu called himself Yagebo, which means old yak in Tibetan. An ...
Tags: Beijing museum, yak