Global investment firm KKR is set to buy 10.4% stake in Indonesia-based agri-food company Japfa for $81.2m. As part of the deal, Japfa will place 750 million new shares to KKR via a private placement at about $52.9m. Concurrent with the ...
Tags: Japfa group, agri-food
US agricultural commodities trader Cargill has entered into an agreement to acquire Five Star Custom Foods for undisclosed sum. Five Star Custom Foods is a Texas-based food company specializing in cooked protein products and custom ...
Tags: Cargill, agricultural commodities
Cargill's protein business headquarters will remain in Wichita and relocate from 151 North Main Street to a new office building which will be built at a yet-to-be-determined site within the city limits. The company's decision was made ...
Tags: Cargill Protein
DSM has modified its Delvo Fresh range of quark cultures to meet the customer demands for smoother, creamier quark with a subtle flavour. Apart from contributing to healthy, protein-rich diets, the quark cultures makes production faster ...
Tags: DSM, dairy products
Hiland Dairy Foods Company has launched new summer flavored milks which are set to hit grocers' shelves this week. The featured flavors include Sea Salt Caramel, Chocolate Truffle and Honey Cookie. "Consumers want greater options when ...
US-based biotechnology company DuPont Nutrition & Health has developed a new concept for European bread market inspired by Nordic thin breads. The concept, which is rich in healthy carbohydrates, targets consumers who are turning to ...
Tags: biotechnology, DuPont
Audi announced that from June 2016, its compact models will be equipped with a new filter in the air conditioning system, which not only removes fine particulates and harmful gases, but can also neutralize majority of allergens. With the ...
Tags: Audi, Air Conditioning Filter
US-based food manufacturer Hormel Foods has entered into a definitive agreement to acquire Justin’s, a nut butter-based snacking brand for $286m. Justin's four nut butter-based snack lines include spreads, squeeze packs, peanut ...
Tags: Snacking Brand, Hormel Foods
USANA Health Sciences, the global nutritional company, is launching its new, low-glycemic load and gluten-free? USANA MySmart Foods line — composed of protein-based shakes and bars. Through MySmartFoods, USANA delivers a customized ...
Tags: Personalized Foods, bars
Archer Daniels Midland Company (ADM) has acquired the remaining 60% stake in Brazilian natural extracts manufacturer Amazon Flavors. The financial details of the transaction have not been disclosed. ADM's WILD Flavors and Specialty ...
Tags: Amazon Flavors, natural extracts
Arla Foods Ingredients has developed a milk protein-based solution named Nutrilac HiYield, which is claimed to help dairies to make optimum use of their milk in the manufacturing process, without any by-products or waste. Nutrilac HiYield ...
Tags: Arla Foods, Yogurt
Dollar General has committed to providing high quality, in-shell eggs at affordable prices to meet the needs of its customers. Affordability is critically important to the Dollar General customer, and eggs are often a primary source of ...
Tags: Cage-Free Eggs, Dollar General
Lundberg Family Farms has announced the availability of Organic Sprouted rice and seasoning mix. The new product line-up features sprouted whole grain brown rice and is available in five varieties: Thai Red Curry, Toasted Coconut, Chile ...
Quaker, a subsidiary of PepsiCo, is introducing Quaker SuperGrains Instant Hot Cereal and Real Medleys SuperGrains Granola. With a hearty blend of grains like oats, barley, rye and more, these new offerings are a powerful way to help ...
Tags: Quaker, PepsiCo, SuperGrain Varieties
Coca-Cola South Pacific is now selling a chocolate flavoured version of its Zico coconut water. The beverage is described as a “premium chocolate-flavoured option” and a “on trend twist”. Coca-Cola South Pacific ...
Tags: Coca-Cola, Zico coconut water, Chocolate