2 November 2015
Nomad Foods closes purchase of Findus Sverige for £500m
Nomad Foods has closed its acquisition of Findus Sverige and its subsidiaries from LionGem Sweden 1 AB for around £500m.
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2 November 2015
ADM completes acquisition of Eaststarch
Archer Daniels Midland Company (ADM) has completed the acquisition of certain assets of Eaststarch, which is ADM's 50-50 joint-venture with Tate & Lyle. This deal was announced on 21 April.
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1 November 2015
Fonterra sells 9% stake in Australian firm Bega Cheese
New Zealand-based dairy cooperative Fonterra has sold their 9% stake in Australia-based Bega Cheese.
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1 November 2015
Solazyme and Bunge expand JV to focus on food
Solazyme and Bunge Limited have agreed to bolster their joint-venture (JV) with the inclusion of a focus on food.
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29 October 2015
European Parliament rejects draft law on national ban on import of GMO foods
The European Parliament has rejected a draft law that would allow member states to put a restriction or impose a ban on the sale and use of EU-approved GMO foods...
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29 October 2015
Kraft Heinz reviews operations of three New York facilities for possible closure
Kraft Heinz is reviewing the operations of its three facilities in New York for a possible closure, as part of its efforts to control expenses.
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28 October 2015
2 Sisters plans to invest £150m in poultry business
2 Sisters Food Group plans to inject £150m into its poultry business in order to revolutionise the unit, a move that comes just a week after the Birmingham-headquartered firm announced...
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28 October 2015
Snyder’s-Lance agrees to acquire Diamond Foods for $1.91bn
Snyder's-Lance has signed a definitive agreement to purchase Diamond Foods in a combination of cash-and-stock transaction of approximately $1.91bn, which also includes a debt of approximately $640m.
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28 October 2015
Mars pledges to source sustainable rice by 2020
US-based Mars in partnership with the Sustainable Rice Platform (SRP) has announced the first global standard for sustainable rice and has pledged to completely source its rice from only those...
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27 October 2015
British scientists produce useful ailment-fighting natural compounds from GM tomatoes
British researchers have found a method to efficiently generate industrial quantities of ailment-fighting natural compounds by growing them in genetically-modified tomatoes.