News, views and contacts from the global Food industry
 

News

Stay up to date with the latest industry news from the global food industry

Latest News

Turners & Growers to buy apples exporter Apollo Apples
17 April, 2014
New Zealand-based fresh produce exporter Turners & Growers will acquire Hawkes Bay-based Apollo Apples in a NZ$36m deal, as part of its global growth...
> read more

Post Holdings signs deal to acquire Michael Foods for $2.45bn
Thursday, April 17, 2014 US-based Post Holdings will take over egg distributor Michael Foods for $2.45bn on a cash-free, debt-free basis from affiliates of private investors GS Capital Partners, Thomas H Lee Partners...

ADM to retain cocoa press operations, divest chocolate business
Wednesday, April 16, 2014 Archer Daniels Midland (ADM) has announced that it will retain the majority of its cocoa press operations but will pursue the sale of its chocolate...

Nestlé reports 5.1% drop in Q1 net revenues
Wednesday, April 16, 2014 Nestlé has reported a 5.1% year-over-year decrease in net sales to CHF20.8bn ($23.6bn) for the first quarter of 2014, its results affected by severe weather in North America and weak...

Heartland Food Products to expand operations in Indiana
Tuesday, April 15, 2014 Heartland Food Products has unveiled plans to expand its operations in Indianapolis, Indiana, US, with an investment of...

Wilmar and Great Wall form sugar JV in Myanmar
Tuesday, April 15, 2014 Wilmar Sugar (Myanmar), a subsidiary of Singapore-based agribusiness firm Wilmar International, is to establish a joint venture (JV) with Myanmar-based Great Wall Food Stuff...

Michael Foods reportedly close to sealing $2.5bn deal
Monday, April 14, 2014 US-based egg distributor Michael Foods Group is reportedly close to selling itself in a deal worth around...

Symrise offers $1.8bn to buy French ingredients maker Diana
Monday, April 14, 2014 Symrise has made a €1.3bn ($1.8bn) offer to take over French food ingredient maker Diana from private equity firm Ardian, a move which will significantly expand its position in the flavour...

Canadian Wheat Board begins work on second elevator in Saskatchewan
Friday, April 11, 2014 Canadian Wheat Board, a marketing board for wheat and barley in western Canada, is constructing a second grain elevator near Colonsay,...

Mondelez International plans to strengthen Russian presence
Friday, April 11, 2014 Food and beverage maker Mondelez International has announced plans to strengthen its presence in Russia with an investment of $110m to construct a snack manufacturing facility in the...

Asahi to acquire Etika International’s dairy operations in South-East Asia
Thursday, April 10, 2014 Asahi Group Holdings Southeast Asia (AGHSEA), a subsidiary of Japan-based brewer and soft drink maker Asahi Group, has entered into an agreement to acquire Singapore-headquartered...

World Bank to provide $210m loan for food storage system in Bangladesh
Thursday, April 10, 2014 The International Development Association (IDA), part of the World Bank, will provide a $210m loan to Bangladesh to set up a food storage system and strengthen distribution...

AarhusKarlshamn signs deal to buy Belgian bakery fats specialist
Wednesday, April 09, 2014 AarhusKarlshamn (AAK) has entered into an agreement to take over the oils and fats business of CSM Benelux in...

SunOpta to strengthen aseptic processing and packaging capabilities in California
Wednesday, April 09, 2014 Natural health products manufacturer SunOpta will strengthen its aseptic processing and packaging operations in California with the installation of a third processor at its Modesto...

Royal HaskoningDHV-led consortium secures irrigation services contract in Mozambique
Tuesday, April 08, 2014 A Royal HaskoningDHV-led consortium has secured an irrigation services contract from the Mozambique Ministry of Agriculture to design and implement a 3,000ha rice irrigation project....

Syngenta acquires Italian durum wheat seed firm
Tuesday, April 08, 2014 Syngenta has strengthened its presence in Italy with the acquisition of Società Produttori Sementi (PSB), a seed firm specialising in durum wheat breeding and production for pasta, for...

House of Lords EU Committee calls for action on food waste
Monday, April 07, 2014 The House of Lords European Union Committee has called for increased efforts to tackle food waste in Europe, saying that each year at least 90 million tonnes of food is wasted across the...

Hillshire Brands to end sandwich and sausage operations in Alabama
Monday, April 07, 2014 US food company Hillshire Brands has announced that it will cease breakfast sandwich and sausage operations at its Alabama facility by 30...

Barry Callebaut reports 2.7% rise in H1 profit
Friday, April 04, 2014 Switzerland-based cocoa and chocolate products manufacturer Barry Callebaut has reported a 2.7% rise in net profit to CHF119.6m for the first six months of fiscal 2013-2014, compared with...

B&G Foods to buy American packaged foods firm for $155m
Friday, April 04, 2014 US-based B&G Foods will buy Specialty Brands of America and its related assets from private investor American Capital in a $155m all-cash...

Fonterra to boost production at Cobden milk processing plant
Thursday, April 03, 2014 New Zealand dairy exporter Fonterra plans to boost production at its milk processing plant in Cobden, south-west Victoria, Australia, with an investment of...


News Archive


cachename:Newscachekey:rd-1665407042_1857678299_rd-488908060_1857678299_ap1857678299_1857678299_340664831