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Archive of industry news from the global food industry

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September 2016

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M&As this week: Nature's Path Foods, B&G Foods 30 September 2016 Canadian organic food manufacturer Nature's Path Foods has acquired a 51% stake in Gorilly Goods to enhance its business in North...

Deals this week: Theobroma Foods, ConAgra Foods, Flowers Foods 30 September 2016 Theobroma Foods plans to secure investments from private equity investors through Series A round of funding to finance its expansion...

Hearthside Food Solutions starts production in Boise, Idaho 30 September 2016 Independent baker and a full-service contract manufacturer Hearthside Food Solutions has started production at its nutritional bar facility in Boise, Idaho,...

Duke Food Productions acquires new manufacturing facility in Texas 30 September 2016 US-based private label food manufacturer Duke Food Productions has acquired a new manufacturing facility in Texas....

Nature’s Path acquires 51% stake in Gorilly Goods 29 September 2016 North American organic breakfast company Nature’s Path has acquired a 51% stake in Wisconsin-based snack manufacturer Gorilly...

Capilano launches Australia’s first prebiotic honey 29 September 2016 Australia-based honey manufacturer Capilano has launched Beeotic, the world’s first clinically tested prebiotic...

Paine & Partners agrees to buy Global ID 28 September 2016 Global private equity investment firm Paine & Partners has entered an agreement to acquire Global ID, a US-based provider of food safety and quality...

VersaCold gets approval to export meat to China 28 September 2016 Canadian supply chain solutions company VersaCold has secured approval to export meat products to...

ConAgra Foods acquires three packaged foods firms 27 September 2016 ConAgra Foods has acquired Frontera, Red Fork and Salpica packaged foods brands from Frontera Foods and Red...

Investors urge food companies to shift from meat to plant-based sources of protein 27 September 2016 A coalition of 40 investors managing $1.25tn in assets has initiated a campaign to encourage 16 food companies worldwide to seek new ways to source protein for their products in order to...

Wilmar and ADM obtain approvals for Olenex JV 26 September 2016 Global food ingredients company Archer Daniels Midland (ADM) and Singapore-based agribusiness Wilmar have secured competition approvals for their agreement to market oils and fats in Europe...

Olymel to invest in pork processing plant in Quebec 26 September 2016 Canadian meat processor and distributor Olymel is planning to invest C$11m ($8.3m) in its pork processing facility in St-Henri-de-Lévis,...

Cargill partners with Japfa for poultry products in Indonesia 23 September 2016 US-based Cargill has entered a 60:40 joint venture (JV) with agri-business Japfa subsidiary So Good Food to produce and supply cooked poultry products in...

PureCircle to build new processing plant to double production 23 September 2016 Malaysian natural sweetener company PureCircle has revealed plans to construct a new processing plant to increase the production capacity of stevia leaf...

Report: Male consumers offer high growth potential for Russian savoury snacks market 23 September 2016 Savoury snacks manufacturers in Russia have a new market to target in the male consumers, who represent 46% of the total population but consume less savoury snacks compared to the...

Deals this week: Xiwang Foodstuffs, COFCO Tunhe, Bundl Technologies 23 September 2016 Chinese food processor and distributor Xiwang Foodstuffs is to raise an investment through private placement of shares to fund...

M&As this week: Bell, Leroy Seafood Group 23 September 2016 Swiss meat processor and manufacturer Bell has acquired Geiser, a specialist delivery company for the food service...

B&G Foods to acquire ACH Food Companies for $365m 22 September 2016 US-based frozen food producer B&G Foods has agreed to acquire American seasonings supplier ACH Food Companies for a cash amount of...

New Zealand approves Shanghai Maling Aquarius' 50% stake purchase in Silver Fern Farms 22 September 2016 The government of New Zealand (NZ) has given its approval to Shanghai Maling Aquarius for the purchase of a 50% interest in meat co-operative Silver Fern Farms (SFF) for $261m....

Kellogg recalls Eggo Nutri-Grain whole wheat waffles 21 September 2016 US manufacturer Kellogg has voluntarily recalled approximately 10,000 cases of its Eggo Nutri-Grain Whole Wheat Waffles due to possible Listeria monocytogenes...

Swiss meat company Bell acquires Geiser 21 September 2016 Swiss meat company Bell has acquired Geiser, a Schlieren-based firm that specialises in deliveries to the food service...