Freedom Foods Group has entered into a memorandum of understanding (MoU) with its Guangzhou based partner Shenzhen JiaLiLe Food (JLL) to set up a new company for expansion of its Australia’s Own (AO) brand in China. The new company ...
Tags: Freedom Foods Group, MoU, AO, JLL
Bunge will introduce Whole Harvest USDA certified organic soybean oil and Non-GMO Project Verified milled ancient grains at the 2016 SupplySide West (October 6-7) and IBIE (October 8-11) shows in Las Vegas. To enjoy delicious foods made ...
Tags: Bunge, IBIE, 2016 SupplySide West, Non-GMO Project Verified grains
BASF has started planning for the construction of a new world-scale plant for vitamin A in Ludwigshafen, Germany. The new facility will increase BASF’s total annual production capacity of vitamin A by 1,500 metric tons. Reference ...
Tags: BASF, vitamin A plant
Chocolate and cocoa products maker Barry Callebaut has opened its first chocolate factory in Indonesia. The company had entered into a long-term agreement for out-sourcing with GarudaFood Group. As per the deal, GarudaFood will supply ...
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
Atlantic Natural Foods, a subsidiary of investment group AFT Holdings, has completed the acquisition of Loma Linda Foods and the licensing rights to Worthington Foods brands of vegetarian foods from Kellogg. The acquisition was completed ...
Neovia Vietnam launches a new pig production chain called “Le porc du Mékong”, in partnership with the Grimaud and Le Boucher Groups. The creation of a pig production chain in Vietnam, in partnership with the various ...
Tags: Neovia Vietnam, Le porc du Mekong, Grimaud and Le Boucher Groups
Private equity firm Grey Mountain Partners has acquired Mediterranean food maker and distributor Kronos Foods. Financial details about the acquisition have not been disclosed. Based in Glendale Heights, Illinois, Kronos sells gryo meat, ...
The biggest weekly slump in the global gold price led Beijing's gold stores to cut their prices for the first time this year. The price in Beijing declined by 10 yuan ($1.5) per gram on Sunday. This was the first cut, following six earlier ...
Tags: Gold, Gold Prices
South Africa-based Rhodes Food Group has announced plans to acquire domestic food producer Pakco for R200m ($14.5m), as part of its expansion strategy. Pakco owns popular brands, including the iconic Bisto brand, Hinds, Buffalo, Southern ...
Tags: Rhodes Food Group, Pakco, acquisition
Cargill reported financial results for the fiscal 2017 first quarter ended 31 August, 2016. Key measures include: Adjusted operating earnings rose 35 percent to $827 million in the first quarter, compared with $611 million in the ...
Tags: Cargill, fiscal results
Stone Canyon Industries has sold SCI Ingredients and its wholly owned operating subsidiary, Fleischmann's Vinegar Company to Green Plains for $250m. Fleishmann’s Vinegar is being regarded as one of the largest producer of food-grade ...
Potato-chip giant Utz Quality Foods has completed its previously announced $135m acquisition of Alabama based Golden Enterprises, the owner of the Golden Flake Snack Foods. The merger is expected to support Utz Quality Foods’ growth ...
Swiss food giant Nestle and Britain’s R&R Ice Cream have completed establishing a joint venture Froneri to combine their activities in ice cream, frozen food and chilled dairy. The joint venture will integrate both the ...
Tags: Nestle, R&R Ice Cream, Froneri
SM Ingredients (SMI), a distributor and marketer to the food, nutrition, animal, and beverage industries, has announced its new global mission and robust corporate identity. The company plans to unveil its new mantra and branding elements ...
Tags: SMI, SSW, corporate identity