Pasta snacks producer Vintage Italia has secured new equity boost from private equity firm Silas Capital, which will allow the company to kickstart the growth of its Pasta Chips brand The company will use the capital in expanding ...
Tags: Pasta snacks, Pasta Chips
Vasari Global, along with Ethiopian entrepreneur Solomon Wondimneh and his company Ahadu, has opened phase I of a new food production facility in Ethiopia which is valued at around $150m. The launch marks capital deployment of $36m ...
According to the monitoring of MOFCOM, the prices of farm produce in 36 large and medium-sized cities continued to fall, and prices of production means in circulation stopped falling and picked up last week (April 27-March 3). Last week, ...
Tags: farm produce, vegetable market
SkinnyPop Popcorn has acquired the Paqui brand of better-for-you tortilla chips and tortillas for an undisclosed amount. Paqui sells tortillas and tortilla chips that are claimed to be made with unbleached, untreated flour, or by stone ...
Tags: SkinnyPop Popcorn, Popcorn
Croatian food company Podravka has agreed to purchase 51.55% regular shares of Slovenia’s food producer Zito for a total amount of €33m. The Croatian firm will pay €180.1 per share and the acquisition is subject to ...
Tags: Podravka, food producer Zito
Australian supermarket giant Coles has launched a new ‘super grain’ product, teff, under its own label. Coles said the teff grain, which originated in Ethiopia, is “rich in calcium, iron and protein” and is ...
Tags: Coles, Super Grain Teff
Mexican corn miller and tortilla producer Gruma has acquired the European unit of US-based Azteca Foods in a €45m deal. The acquisition includes all shares and ownership interests representing the capital stock of Azteca Foods ...
Tags: Gruma, wheat products, Food
Mitsubishi is planning to acquire 30% stake in Capital Diamond Star Group's existing businesses to form a joint venture (JV) in Myanmar with the latter. Capital Diamond Star offers a wide range of products including Blue Rocket wheat ...
Tags: Mitsubishi, business, Food
Chinese food establishment Cofco is exploring deals for possible acquisitions or partnerships in the US, a move that could provide the company with access to the world’s largest source of corn and a top soybean grower. Cofco ...
Tags: Cofco, Grain Market, Food
Agribusiness and food company Bunge’s North American operating unit has acquired the assets of Heartland Harvest, the manufacturer of die cut pellets used to make extruded foods. The financial details of the transaction have not ...
Tags: Bunge's North American, Heartland Harvest, extruded foods
You can use your microwave for a lot more than making popcorn and reheating leftovers. It drastically cuts cooking time on things like veggies, fish, and shellfish. Baked potatoes can be zapped in the microwave and finished in the oven. ...
Tags: microwave, Baked potatoes
Global food and beverage company FAL Food and Beverages has launched a range of coconut-based beverages in Australia. The Coco Joy Flavoured Coconut Milk range is available in Chocolate, Banana and Coffee flavours in 500mL or 250mL ...
Tags: Coconut Milk, beverage
It has been developed especially for large scale secondary packaging formats of the food industry with a width up to 12 inches. Bosch said due to a wide range of in-feed systems, the machine can be flexibly used for many different ...
Tags: Bosch, Cartoning Machine
France-based rice producer Marbour has agreed to acquire 100% stake in Canadian establishment MRRM. Both the companies have entered into a definitive agreement to this effect. MRRM mills, bags, packages, cans, processes, and sells ...
Tags: rice, Marbour, MRRM mills
Ever So Saucy Foods by Chef Frank, the new brand of handmade, all natural and tradition-inspired fine prepared food line, will debut on QVC. The broadcast will represent the brand's national launch with the network. Ever So Saucy fine ...
Tags: Cheese, tomatoes, Agriculture