Abraaj Investment Management has raised its offer to acquire Egyptian cake and biscuit maker Bisco Misr to $129.6m. The move comes after breakfast cereal maker Kellogg's offered $127.06m for the biscuit producer, Reuters reported. ...
Tags: cake, biscuit, Agriculture
Fairfax Media claims supermarket growth focus on ‘Junk’ food and cigarettes – confidential data leaked Fairfax Media’s Sydney Morning Herald and The Sunday Age over the weekend have published their analysis of ...
Tags: milk, Cigarettes, Agriculture
Australia’s snacking habits revealed, Nielsen Eating between meals is extremely widespread with 96 per cent of Australians saying they regularly consume snack foods, according to new research from global market research ...
Tags: snack foods, Fruit, Agriculture
Abraaj Investment Management has secured approval from the Egyptian Financial Supervisory Authority to acquire 51% stake in the nation's confectionery producer Bisco Misr for $119m. The company, which will pay £73.91 per share, will ...
Turkey’s Yildiz Holding has signed a deal to acquire UK-based cookie firm United Biscuits, the maker of Jaffa Cakes and Jacob Crackers, as part of its strategy to expand into new markets. Once the deal is closed, the Turkish firm ...
Tags: United Biscuits, Turkish firm, Agriculture
Mondelez International, the maker of Oreo biscuits and Cadbury's chocolate, posted a 11% decline in earnings in the third-quarter of fiscal 2014 compared to the same period a year ago, as a result of weaker revenues and higher expenses. ...
Mondelez International has agreed to acquire 80% stake in Vietnam-based Kinh Do's snack business for $370m, in order to strengthen its presence in emerging markets. The transaction includes the acquisition of Kinh Do's two production ...
Tags: snack business, Agriculture
This was part of a Cartesian pick and place robot solution for handling packs of fresh food. Referred to by UPM as ‘SYSCON’ conveyors, the simplistic ‘groove’ design with side channels made from high molecular, ...
Tags: fresh food packs, Packaging, Conveyor
This was part of a Cartesian pick and place robot solution for handling packs of fresh food. Referred to by UPM as ‘SYSCON’ conveyors, the simplistic ‘groove’ design with side channels made from high molecular, ...
Tags: fresh food packs, Packaging, Conveyor
StayinFront announced a global agreement with Mondelez International, a global snacking powerhouse, with billion-dollar brands, such as Oreo, LU and Nabisco biscuits; Cadbury, Cadbury Dairy Milk and Milka chocolate; to deliver SaaS mobile ...
Tags: StayinFront, Solution, Food
Food prices in New Zealand were down by 0.8% in September, following the 0.3% gain in August, according to the latest report released by Statistics New Zealand. During the period, fruit and vegetable prices fell 6.5%. Lower vegetable ...
Tags: Food Prices, Down, Food
UK private-label cereal manufacturer Bokomo Foods is all set to launch its own branded range of breakfast cereals called Perfekt for.... Perfekt for...range will debut with wheat biscuits at 388 Tesco stores this year, with the superstore ...
Tags: Cereal Range, Bokomo Foods
Breakfast cereal producer Kellogg plans to acquire a majority stake in Egyptian confectionery-maker Bisco Misr for an undisclosed amount. The company is eyeing around 51% stake in Bisco Misr, following a due diligence. Bisco Misr, ...
Tags: Kellogg, Bisco Misr, Breakfast cereal
Arnott’s, the makers of the iconic Australian chocolate coated Tim Tam biscuits, has launched a new cake-inspired Tim Tam variety in Australia in collaboration with celebrity patissier Adriano Zumbo. Inspired by the Red Velvet Cup ...
LEGO fans can help a bear in trouble in the Jungle Bridge Rescue set. LEGO is welcoming six new welcoming jungle-themed sets to its LEGO Friends range. The Jungle Rescue Base (£44.99) sees Andrea use the telescope to look for ...
Tags: LEGO, Jungle Range, Toys