The Department of Environment, Food and Rural Affairs (Defra) has established Great British Food Unit intended to boost exports and create 5,000 jobs in food and drinks manufacturing sectors. The partnership between the sector ...
Tags: Defra, Food Products
Sales will continue to grow as major companies roll out new products with long-lasting flavors in a highly competitive market Wallace Chung looked as if he had just stepped off a movie set. Dressed in an electric blue jacket with matching ...
Tags: Chewing Gum, chewing gum market
Earlier in December 2014, Australian Food News reported that food manufacturing was one of four manufacturing sub-sectors to expand in November 2014, according to the Australian Industry Group Australian Performance of Manufacturing Index ...
Tags: Food, Beverage, Agriculture
China-based Bright Food is seeking to list Weetabix Food, which it bought two years ago, in Hong Kong or London. The Wall Street quoted Bright Food vice president Ge Junjie as saying that it plans to list Manassen Foods Australia too ...
China's New Hope is seeking to build food processing factories overseas, mainly in Southeast Asia, with an estimated outlay of $500m over the next five years. New Hope vice-president Wang Hang was quoted by South China Morning Post as ...
Tags: New Hope, Processing Factories, Food
Major Western Australian dairy processor and fruit juice manufacturer Harvey Fresh has been sold to Italian dairy group Parmalat for about $117 million. Parmalat's Australian subsidiary is one of Australia's major manufacturers of dairy ...
Tags: Agriculture, Food, dairy products, milk, yoghurt
January 15, 2014 Sophie Langley Mundella Foods has been acquired by China-based Bright Food Group China’ Bright Food Group Co Ltd (Bright Food) has agreed to buy Western Australian dairy company Mundella Foods, expanding the ...
Tags: Bright Future, Mundella Food, Wa Cheese, international interest
The widening gap between milk demand and supply will lead to a shortage totaling about 15 to 20 percent of China's market value in 2017, or 66 billion yuan ($10.75 billion), a report has said. Driven by increasing consumption and deeper ...
Tags: Milk Market, Milk Demand
2 Sisters Food Group, and PepsiCo are among the trade buyers that could snap up Burton's Biscuits, although the deal could easily go to a private equity house, according to analysts. Burton's makes Cadbury-branded biscuits under licence ...
Chinese state-owned Bright Food is looking at options to acquire Israel’s major food manufacturer and distributor Tnuva, as part of its efforts to further expand its presence overseas. Tnuva owns seven of the top ten leading food ...
Tags: Bright Food, Food
The 2012 trend for major cross border merger and acquisition (M&A) activity in the UK food and drink industry is set to continue in 2013. That’s the view of expert Andrew McLean, a partner at law firm Stephenson Harwood, in this ...
Tags: M&A, UK, food and drink industry
Yashili International is to spend CNY1.1bn(US$176.7m)to build a 52,000-tonne capacity dairy in New Zealand,via its recently established subsidiary in the country. Yashili New Zealand Dairy Co has already signed a conditional purchase ...
Tags: Yashili, purchase agreement, dairy industry, milk
Analysts at Experian believe that overseas investment will maintain the momentum of mergers and acquisitions in the UK food sector. Last year saw the highest volume of mergers and acquisitions (M&A) in the UK food and drink sector since ...
Tags: UK, food sector, overseas investment, mergers and acquisitions
Food and drink deals, particularly the acquisition of Weetabix by China's Bright Food Group, dominated large-scale merger and acquisition activity in the UK in 2012, a new report by Experian shows. Food and drink was the most active ...
Tags: food, drink, acquisition, Bright Food Group
Mergers and acquisitions (M&A) in the UK food and drink manufacturing sector last year helped to set a three-year record for the UK economy, according to information services company Experian. A key contributor to last year’s ...
Tags: UK, food, drink manufacturing, UK economy