26 January 2014
Nestlé to establish two manufacturing plants in Mexico
Swiss food major Nestlé is set to establish two new manufacturing plants in Mexico, with an investment of $1bn.
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26 January 2014
PepsiCo plans $5bn investment in Mexican operations
American food and beverage company PepsiCo has outlined plans to invest $5bn in its Mexican operations to further strengthen its food and beverage business in the country.
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23 January 2014
Scotsburn Co-operative to acquire Canadian frozen dessert maker
Canada-based Scotsburn Co-operative Services has entered into an agreement-in-principle to acquire Les Aliments Lebel Foods, a frozen dessert maker.
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23 January 2014
Mondelez to expand chocolate manufacturing in Bournville, UK
Food and beverage maker Mondelēz International is set to invest £75m in its chocolate manufacturing plant in Bournville, Birmingham, UK.
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22 January 2014
Saputo obtains controlling stake in Warrnambool Cheese and Butter
Canadian dairy firm Saputo has increased its shareholding in Australia’s Warrnambool Cheese and Butter Factory Company (WCB) to 52.7%, gaining a controlling stake.
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22 January 2014
Tetra Pak unveils new Tetra Therm Aseptic Flex aseptic processing unit
Swedish packaging firm Tetra Pak International has expanded its range with the launch of the Tetra Therm Aseptic Flex, a new continuous aseptic processing unit for indirect UHT treatment of...
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21 January 2014
Abraaj buys majority stake in Turkish dairy firm Yörsan
Dubai-based private equity firm Abraaj, in partnership with the European Bank for Reconstruction and Development (EBRD) and the Yörük family, has bought a majority stake in Yörsan, a Turkish manufacturer...
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21 January 2014
Nestlé, A*STAR sign research agreement in Singapore
FMCG giant Nestlé and Singapore-based Agency for Science, Technology and Research (A*STAR) have entered into a research agreement to expand the former's R&D operations in Singapore.
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20 January 2014
Truitt Brothers recalls pasta, ground beef products in US
US-based Truitt Brothers has begun recalling around 1.77 million pounds of shelf-stable pasta and ground beef products as they may contain hydrolyzed soy protein and dried soy sauce that are...
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20 January 2014
ARC Capital sells Xiajin Dairy stake in $30m deal
ARC Capital Holdings, an investment firm, has sold its entire shareholding in Ningxia Xiajin Dairy to investment holding company Prospect Link for $30m in cash.