Nanning Sugar Industry has raised CNY500m ($75.53m) in a first tranche of non-public corporate bonds maturing in 2020. The bonds were issued at an interest rate of 6.5% a year.
Informa Agribusiness Intelligence (Informa), a UK-based provider of analysis and forecasts across the agricultural and commodities value chain, has released its predictions that the global sugar market could experience a record...
Dr August Oetker KG (Oetker Gruppe) has reached an agreement to acquire Diversi Foods, which will be clubbed into the former’s baking arm Martin Braun-Gruppe.
Canadian cheese manufacturer Saputo has completed the acquisition of US-based goat cheese manufacturer Betin doing business as (DBA) Montchevre for $265m.
Eurofins Experchem has opened its food testing laboratory in Canada to offer 'farm-to-fork' product testing capabilities, as well as food safety training, certification and auditing services.
US-based soup company Campbell has completed the acquisition of Pacific Foods of Oregon (Pacific Foods) for $700m in cash, subject to customary purchase price adjustments.
US-based food company Archer Daniels Midland Company (ADM) has reached an agreement with Inversiones Piuranas to sell its oilseeds operations in Bolivia.
Egypt’s snack food maker Edita Food Industries (Edita) has signed a memorandum of understanding (MoU) with Morocco’s fast-moving consumer goods (FMCG) distribution company Dislog Group to form a joint venture...
French dairy company Lactalis is reportedly recalling baby milk powder products over possible salmonella contamination.
German supermarket company Aldi, in cooperation with Austria's Hofer, has voluntarily recalled Choceur Dark Chocolate Bars in the US as a precautionary measure due to the potential presence of almond...