News

  • 18 October 2011

    Jay Shree to expand sugar business in India

    India-based Jay Shree Tea & Industries, part of the BK Birla group, is planning to expand its sugar business by acquiring sugar mills in Bihar, India, in a deal worth...

  • 17 October 2011

    Lion Capital in talks to split Findus

    UK private equity firm Lion Capital is in talks with two strategic bidders over the sale of the Nordic unit of Findus Group, a frozen food maker and owner of...

  • 17 October 2011

    Ukraine reports increase in poultry exports

    The total volume of poultry meat exports from Ukraine between January and August 2011 increased one and a half times to 35,100t, according to official figures by the Ministry of...

  • 16 October 2011

    PepsiCo to form JV with German dairy company

    US-headquartered food and beverage producer PepsiCo is set to form a joint venture with German dairy company Theo Muller Group in an effort to enter the fast-growing yoghurt market.

  • 16 October 2011

    Phil’s Fresh Foods recalls misbranded fajita products

    US-based Phil’s Fresh Foods is recalling 15,760lb of frozen chicken and steak fajita products due to misbranding, according to the US Department of Agriculture’s Food Safety and Inspection Service (FSIS).

  • 16 October 2011

    Cerebos makes cash offer to buy Comvita

    Singapore-based food group Cerebos has made a cash offer of $57m to buy New Zealand honey products company Comvita in an effort to diversify and expand its businesses.

  • 14 October 2011

    PepsiCo reports rise in Q3 profit

    PepsiCo has reported a growth in volume, net revenue, operating profit and earnings per share for the third quarter of 2011 due to top-line gains across its worldwide snacks and...

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