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
McVitie’s has announced the launch of a brand new multipack format for its popular McVitie’s Hobnobs Flapjacks with the first McVitie’s Hobnobs Flapjacks Variety Bag. Including the latest flavour in the range – ...
Tags: McVitie's, Hobnobs Flapjacks
Tomlinson’s Dairies has announced that it will invest £14m to expand its milk processing plant in Minera, Wales. The expansion plan comes in wake of bagging a supply contract from Sainsbury for its stores in Wales and also in ...
Lotus Bakeries has announced that it will invest in setting up a new manufacturing facility in the US, to expand its biscuit production capacity. Besides, the company will build a new production hall in Belgium to meet the growing demand ...
Tyson Foods has announced that it is investing $27m to expand the production capacity of its case-ready beef and pork plant in Council Bluffs, Iowa. The investment is being made by Tyson Fresh Meats, a wholly owned subsidiary of Tyson ...
Tags: Tyson Foods, investment, expansion
Hormel Foods has announced several new leadership appointments across business segments. James M. Splinter has been appointed to the position of group vice president, corporate strategy. In this new role, Splinter will have responsibility ...
Tags: Hormel Foods, appointment, new leader
Ice cream cone brand Joy Cone has acquired BoDeans Baking Group for undisclosed sum in a bid to expand its business. BoDeans Baking is a major player in the novelty ice cream cone, wafer, and inclusion market. Joy Cone president and CEO ...
Tags: Joy Cone, BoDeans Baking, acquisition
The Chinese government will further streamline approval procedures for foreign investment across the country to better attract overseas investment and improve China's business environment. A new legislative guideline was approved during ...
Tags: Ease Rules, China, Foreign Investors
"The inclusion of the renminbi in the SDR is the biggest structural event in currency markets since the creation of the euro66." This was the title of a recent article published on the Euromoney website. This neatly sums up the view of ...
Hearthside Food Solutions has commenced operations at its nutrition bar facility in Boise, Idaho, expanding its bar production capacity in the US. The facility takes the number of bar plants operated by Hearthside to nine in the US and ...
Black Medicine Iced Coffee is replacing its current aluminum bottles with cans this fall to meet consumer interest in better portability and convenience. There is no change to the coffee beverage, as consumer acceptance has been very ...
Duke Food Productions has acquired a new 110,000ft2 manufacturing facility in Texas, marking its first expansion outside its home state of South Carolina. Over the next five years, the food manufacturer expects to invest $10m in the plant ...
Tags: Duke, expansion, investment
The complete product range for the upcoming film spans toys, stationery, collectables, gifts and novelties, home decor, apparel, accessories, costumes and more. The merchandise line-up for Warner Bros' Fantastic Beasts and Where To Find ...
Tags: Fantastic Beasts and Where To Find Them, J.K.Rowling, Wizarding World
Next week will usher in the seven day National Day holiday, now many believe friends already want to work, learning, thinking of the party for our motherland. October is actually a very delicate month, because just experienced a new month ...
Tags: Hammer T3, Samsung, Smartphone
The company has boosted its line of Titan vinyl collectable figures, which will now feature 6.5-inch figures of John, Paul, George, Ringo and the submarine. Titan Entertainment has revealed plans to bolster its output based on The ...
Tags: Titan, Caroline Mickler, Yellow Submarine, Beatles