16 February 2012
Nestlé reports increase in full-year 2011 profit
Swiss food giant Nestlé has reported an 8.1% increase in its full year profit to CHF9.5bn ($10.35bn) in 2011, but said it will have a tough year ahead due to...
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15 February 2012
Corn Products to be renamed Ingredion
Corn Products International, a US-based food ingredient company, has announced plans to change its name to Ingredion in order to shed its image of an agricultural firm and present itself...
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15 February 2012
Kellogg to buy P&G’s Pringles for $2.7bn
US-based cereal maker Kellogg has entered into an agreement to buy potato and wheat-based snacks brand Pringles from Procter & Gamble (P&G) for $2.695bn, as part of its strategy to...
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14 February 2012
Tomato by-products help develop antioxidant-rich foods, study says
By-products from tomato processing could be used to develop functional foods or extend shelf life as they contain bioactive phytochemicals that exert antioxidant properties, a new study at Harokopio University,...
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14 February 2012
FDA seeks to bolster food safety with US 2013 budget
The US Food and Drug Administration (FDA) is seeking $253m to boost its food safety budget for fiscal 2013, directed toward the Transforming Food Safety Initiative, a programme aimed at...
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13 February 2012
BRF Brasil Foods to absorb Sadia
Brazilian food company BRF Brasil Foods has announced that it will absorb its wholly-owned poultry meat subsidiary Sadia by the end of this year to streamline company processes.
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13 February 2012
General Mills to buy Brazil’s Yoki for $1.16bn
US food processing company General Mills has agreed to acquire Brazilian food company Yoki for BRL2bn ($1.16bn), marking its return to Latin America.
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12 February 2012
CHS acquires soy protein firm Solbar
US-based energy, grains and foods company CHS has completed the $133m acquisition of Solbar, an Israel-based producer of specialty soy proteins and soy isoflavones, which forms part of its strategy...
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12 February 2012
Bunge India acquires Amrit Banaspati edible oils business
Bunge India has completed the acquisition of the edible oils and fats business from Amrit Banaspati, including the rights to Gagan, a hydrogenated vegetable oil brand owned by parent company...
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9 February 2012
Olam acquires Nigerian biscuit and candy maker
Olam International, a Singapore-based agricultural commodities supplier, has acquired Nigerian biscuit and candy maker Titanium in a deal worth $167m as a part of its strategy to expand its packaged...