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Nestle Buys Majority Stake in Organic Food Firm Terrafertil
Feb 13, 2018Food and beverage giant Nestlé has purchased a majority stake in Terrafertil, a South American organic food company that manufactures plant-based foods and snacks. Financial terms of the transaction have not been disclosed by the ...
Tags: Nestle, Organic Food
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Canada's Richardson International Acquires European Oat Millers
Jun 28, 2017Canadian agribusiness Richardson International has acquired European Oat Millers for an undisclosed price to expand its oat milling business. European Oat Millers, based in Bedford, England, is considered to be the second largest oat ...
Tags: Oat Millers, crop inputs
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Nestle Buys Minority Stake in US Prepared Meals Producer Freshly
Jun 21, 2017Nestlé USA has forayed into the direct-to-consumer (DTC) prepared meals business by acquiring a minority stake in Freshly. The Nestle subsidiary was the leading investor in a $77m funding round in the DTC healthy prepared meals ...
Tags: Nestle, Prepared Meals
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Amira Nature Foods Acquires Specialty Rice Brands in Germany
Mar 28, 2017UAE-based Amira Nature Foods has acquired a portfolio of packaged specialty rice brands from Euro Basmati in Germany for an undisclosed price. The acquired brands include Al Amir, Al Hakim, Bano, Dalia, Hanna and Shah Pari which have ...
Tags: Amira Nature Foods, rice
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Ebro Foods to Merge Its US Rice and Pasta Businesses
Dec 16, 2016Spanish food company Ebro Foods has announced the merger of its three US rice and pasta companies in a bid to become a major player in the two segments in the country. The companies to be merged, with effective from 1 January 2017, are ...
Tags: Ebro Foods, Rice, Pasta
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Ferrero Strikes Deal to Buy Some Brands of United Biscuits
Nov 30, 2016Nutella and Tic Tac maker Ferrero International has announced to acquire some of the brands of UK based food manufacturer United Biscuits for an undisclosed sum. The Italian chocolatier is planning to buy Belgian cookies Delacre and ...
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East India Company Launches London Dry Gin
Nov 17, 2016Tea and coffee supplier The East India Company has forayed into the spirits market with a new London dry gin. The product will be available in selected bars, hotels and restaurants from this month. The gin makers have reportedly used a ...
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Pickle Juice Company Expands to Provide 100% Natural Line Globally
Oct 25, 2016The Pickle Juice Company has forayed into Central America, South America and Australasia, including Australia, New Zealand, New Guinea and neighboring islands in the Pacific Ocean. As a result of several international partnerships, the ...
Tags: Pickle Juice, Natural Line
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China TV Makers Shifting Focus to Smart TVs Abroad
Sep 10, 2016Slowdown-scarred, growth-seeking Chinese television manufacturers are shifting their focus to intelligent TVs and overseas markets. Five key reasons characterize the trend: falling sales, the rise of smartphones and personal computers as ...
Tags: intelligent TVs, computers
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ITC Forays Into Dairy Whitener Market with Sunfresh Brand
Jun 12, 2016India’s consumer goods conglomerate ITC has forayed into the into dairy whitener market by launching its Sunfresh brand. In October last year, it entered dairy business by introducing packaged ghee. Sunfresh brand is its second ...
Tags: Sunfresh Brand, dairy business
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Califia Farms Secures $50m Investment From Stripes to Boost Plant-Based Beverages Innovation
Sep 17, 2015Califia Farms has received a $50m investment from New York-based private equity firm Stripes Group to advance its research and development in plant-based beverages and foods. The maker of almond milk beverages stated that the ...
Tags: Califia Farms, plant, beverages and foods, citrus fruit
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Scania Has Forayed Into Norway in The Gas-Powered Bus Segment
Jul 7, 2015Swedish automobile manufacturer for heavy transport application Scania has forayed into Norway in the gas-powered bus segment with the delivery of 36 vehicles to the passenger transport firm Nobina. The buses, dubbed Scania OmniExpress ...
Tags: Automobile manufacture, Auto parts and accessories, Scania
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GN Thermoforming Equipment Has Forayed Into The Form/Cut/Stack Thermoforming Market
May 28, 2015Canada-based GN Thermoforming Equipment has forayed into the form/cut/stack thermoforming market with the launch of GN800 machine. The GN800 has been developed in collaboration with Italy-based industrial equipment supplier Agripak ...
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Nissan and BMW Have Joined Hands for Building a Grid for Charging Stations
May 27, 2015Automobile manufacturers Nissan and BMW have joined hands for building a grid for charging stations to be used by electric vehicles (EVs) and plug-in hybrid vehicles (PHEVs) across South Africa. As part of the Memorandum of Understanding ...
Tags: electric vehicles, Nissan, BMW
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Reliance Retail Plans to Launch Multi-Channel Shopping Across All Its Formats
May 22, 2015Reliance Retail, part of Reliance Industries, plans to launch multi-channel shopping across all its formats to tap the fast growing e-commerce segment, according to media reports. The company, which operates its business under five ...