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Archive of industry news from the global food industry

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April 2016

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Al Rawdah to invest $32.6m in poultry farm in UAE 29 April 2016 Emirates Modern Poultry (Al Rawdah) has announced its plans to initially invest $32.6m in a new poultry facility at Liwa, Abu Dhabi,...

Deals this week: Bayn Europe, Astra Dairy Farms, Ros Agro, Delightful Gourmet 29 April 2016 Bayn Europe has announced plans for rights issue of more than 1.8 million shares, and warrants at a price of Skr3.48 ($0.42) a unit, to raise an amount of Skr6.5m ($0.79m) to invest in its...

Alpha Baking acquires two bakeries from ConAgra 29 April 2016 US-based Alpha Baking has bought two bakeries from ConAgra for an undisclosed...

Canadian researchers find soy isoflavones and peptides restrict Listeria growth 29 April 2016 Researchers from the University of Guelph in Ontario, Canada, have found that soy can restrict the growth of some bacteria such as Listeria and Pseudomonas, as well as function better than...

M&As this week: The Hershey Company, Ambev SA, Jollibee Foods Corporation, Bunge Deutschland 29 April 2016 The Hershey Company has purchased Ripple Brand Collective to add to its chocolate portfolio and enhance its premium...

Dannon pledges to improve sustainable agriculture practices to milk supply 28 April 2016 Yogurt maker The Dannon Company (Dannon) has pledged to improve sustainable agriculture practices for its milk supply, increase transparency for its product portfolio, and shift to more natural...

Nestlé and R&R agree to set up ice cream and frozen food joint venture 28 April 2016 Swiss food company Nestlé and UK-based ice cream company R&R have agreed to set up a joint venture, called...

Pinnacle Foods appoints Mondelez executive Mark Clouse as new CEO 28 April 2016 US-based Pinnacle Foods has named Mondelez executive Mark A Clouse as the company's new chief executive officer...

Hershey acquires barkTHINS snacking chocolate brand 27 April 2016 Hershey Company in the US has acquired Ripple Brand Collective, a New-York-based privately held firm that owns the barkTHINS snacking chocolate brand....

Peak Rock to acquire Diamond Crystal Brands 27 April 2016 Texas-based private equity firm Peak Rock Capital has signed a definitive agreement to purchase Diamond Crystal Brands (DCB), a manufacturer and distributor of portion control and single serve...

Adam Foods to acquire Panrico Brand in Spain, Portugal and Andorra 27 April 2016 Spanish food manufacturer Adam Foods has signed an agreement with Mexico-based baking firm Groupo Bimbo to purchase the Panrico bread and pastry brand in Spain, Portugal and...

Canadian dairy producer Saputo appoints Kai Bockmann as COO 26 April 2016 Canadian dairy producer Saputo has appointed Kai Bockmann as the new group chief operating officer, replacing Dino Dello Sbarba, who will retire next year....

Arla launches Lurpak Spreadable Infusions in UK 26 April 2016 Arla Foods has introduced Lurpak Spreadable Infusions in the UK, as it focuses on expansion through new product...

BRF signs agreement to acquire remaining stake Oman's Al Khan Foodstuff 26 April 2016 Brazilian poultry exporter BRF has signed an agreement to purchase the remaining interest in Oman-based Al Khan Foodstuff...

CRF Frozen Foods recalls 15 products over Listerian contamination concerns 25 April 2016 Washington-based CRF Frozen Foods has issued a voluntary recall of 15 frozen vegetable items that may be contaminated with listeria...

Quaker enters supergrain trend with two new products in US 25 April 2016 PepsiCo unit Quaker Oats Company in Chicago, US, has launched two breakfast products in a bid to meet consumer demand for supergrains....

Meating Place recalls ground beef patties 22 April 2016 US meat wholesaler Meating Place is recalling nearly 325lb of ground beef as it might be contaminated with E. coli...

Deals this week: Livingbridge, Wolt Enterprises, Oresa Ventures, Tongwei 22 April 2016 Dorset Village Bakery, a family-managed business with 133 employees, has attracted an investment by American private equity firm Livingbridge EP...

M&As this week: McCormick & Company, Shanghai Kaichuang Ocean Resources, 2 Sisters Food Group Melco Holdings 22 April 2016 Australian herbs and spices seller Botanical Food Company has been acquired by McCormick & Company in a A$150m ($115.45m) all-cash deal, which represents 12 times its...

Nestlé India launches new products to cut down reliance on Maggi noodles 22 April 2016 Nestle India has begun introducing new products as it makes an effort to reduce its reliance on Maggi noodles, which contributed to 30% of its total sales in...

One Green Planet introduces all-vegan food app 22 April 2016 Digital media start-up One Green Planet has launched its new all-vegan recipe app, Food...