Maple Leaf Foods, a Canada-based meats and baked goods producer, has launched an auction for its bakery business, which includes 90%-owned Canada Bread. Canada Bread is a manufacturer bread, rolls, bagels and sweet goods, specialty pasta ...
Tags: Agriculture, Food, Bread
Bunge North America, a unit of food processing firm Bunge, is set to acquire wheat milling business of Grupo Altex in Mexico. Grupo Altex produces a wide range of products from wheat including, bread flour, prepared flours for baked ...
Tags: Wheat Milling Business, Bunge
Grupo Cortefiel continues its ambitious international expansion plan in Russia where it plans to have 200 stores by 2016. This is one of the Group’s growth strategic markets, along with China and Mexico, and the third in terms of ...
Tags: Grupo Cortefiel, strategic markets
Alfa, a Mexican conglomerate engaged in car parts and petrochemicals, is looking at options to launch an initial public offering (IPO) for its processed foods division Sigma Alimentos. Sigma produces dairy and meat products under Fud and ...
Tags: Sigma Food Unit, Food
Grupo Lala, a Mexican dairy company, is set to raise $863m through an initial public offering (IPO) this month to strengthen its operations and prepay bank loans. The company is offering 444 million shares in an offering that is ...
Tags: Dairy Grupo, Lala
Sistema JSFC, the largest publicly-traded diversified holding company in Russia and the CIS, announces that its subsidiary JSC United Petrochemical Company has signed a joint venture ("JV") agreement with Mexican company Grupo Petrotemex, ...
Grupo Lala, a Mexican dairy company, has announced plans to launch an initial public offering (IPO) to strengthen its distribution operations and prepay bank loans. The company also plans to use the proceeds to pursue acquisition of ...
Tags: Dairy Grupo, IPO
City analysts remain doubtful about media reports speculating Premier Foods is considering selling its Hovis brand to the world's biggest baker Grupo Bimbo. Panmure Gordon was sceptical about rumours suggesting Grupo Bimbo will acquire ...
Tags: Agriculture, Food
NGC Software announced that Grupo Karim’s, a diversified global company with core businesses that include private-label apparel manufacturing, has selected NGC’s fashion PLM and Supply Chain Management (SCM) solution. Grupo ...
Tags: NGC Software, Textile
Bimbo Bakeries USA is planning to close its facility in Easton, Pennsylvania, as part of its plan to shift the production to a new facility in the neighbouring county. The closure is expected to lead to a loss of 78 jobs. The phase out at ...
Tags: Bimbo Bakeries
Chile's Grupo CAP will complete in the coming months the launch of two major projects that will significantly increase the volume of sales of the subsidiary CAP Mining, surpassing its current output of 12-18 million metric tons. The ...
Grupo Ferrer Internacional, Alexza Pharmaceuticals' commercial partner, has begun sales of Adasuve inhalation powder, pre-dispensed (Staccato Loxapine) in the European Union (EU). The first sale triggered a $1.25m milestone payment to ...
Tags: Inhalation Powder, Grupo
OEMs are now putting Chinese brands on their trucks, further breaking down barriers and quality concerns, says Walt Weller, vice president of CMA A wide range of topics were discussed by industry executives during the featured conference ...
Colombia-based Nutresa has agreed to acquire Chile-based food and beverage producer Tresmontes Lucchetti for $758m, as part of its efforts to expand its international footprint. Tresmontes Lucchetti is involved in the manufacture of ...
Turkey, situated at the crossroads of Asia and Europe, provides good opportunity for Galician companies, including textile firms. This was one of the conclusions drawn at the conference on “Turkey: A Good Opportunity for the Galician ...
Tags: Galician Textiles, Textile