11 December 2011
Brasil Foods to swap assets with Marfrig
Brasil Foods has signed agreement to exchange assets with beef producer Marfrig Alimentos in Argentina and Brazil.
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11 December 2011
Unilever opens savoury foods plant in South Africa
British-Dutch consumer goods group Unilever has opened a R670m ($82.23m) savoury foods plant at Riverhorse Valley in Durban, South Africa.
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8 December 2011
FDF: UK food companies reduce CO2 emissions
The food and drink industry in the UK has been able to significantly reduce CO2 emissions by 25% even as it scaled up the production, according to a report published...
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8 December 2011
Premier Foods to sell chilled foods unit
UK-based food company Premier Foods has signed an agreement to sell its lossmaking Brookes Avana business to 2 Sisters Food for a cash consideration of £30m ($47m) as part of...
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7 December 2011
Japan’s Meiji recalls infant formula over cesium traces
Tokyo-based Meiji has recalled 400,000 cans of Meiji Step infant milk powder after tests found traces of radioactive cesium, triggering new concerns about food safety in Japan nine months after...
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7 December 2011
China approves Nestlé’s $1.7bn bid for stake in confectioner
The Chinese Government has cleared Nestlé’s bid to acquire a majority stake in Singapore-listed confectionery manufacturer Hsu Fu Chi for $1.7bn, following the completion of an anti-monopoly review.
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6 December 2011
Leucadia to acquire majority stake in National Beef
US-based investment firm Leucadia National has entered into an agreement to acquire a 79% stake in US beef processing company National Beef in a deal worth $867.9m.
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6 December 2011
Kraft Foods to invest in UK chocolate production
American snack food company Kraft Foods, which acquired British confectionery giant Cadbury in January 2010, plans to invest £50m ($78m) in boosting biscuit and chocolate production in the UK, as...
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5 December 2011
ConAgra acquires National Pretzel
US-based packaged foods company ConAgra Foods has announced the acquisition of National Pretzel Company from Brookstone for an undisclosed amount.
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5 December 2011
Sara Lee completes sale of bakery business in Spain and Portugal
American consumer goods company Sara Lee has completed the sale of its fresh bakery business in Spain and Portugal to Mexico’s Grupo Bimbo for €115m ($155m).