With an investment of $120 million (RMB 800 million) that will span nine years, the YunTuo云拓Single Malt Whisky Distillery is Diageo’s first whisky production site in China Diageo, the world’s leading whisky producer and premium beverage alcohol company, today unveiled the YunTuo 云拓Single Malt Whisky Distillery in Eryuan County, Yunnan[Read More…]
Company News
Kerry drives dairy innovation in Australia and New Zealand with advanced lactase solutions
The Australian and New Zealand market for lactose-free dairy products and alternatives is projected to reach EUR938 million With rising lactose intolerance affecting an estimated 30-60 per cent of the population in Australia and New Zealand, Kerry is meeting surging demand for lactose-free dairy options in the region through its[Read More…]
TNA’s industrial XR solution makes Industry 5.0 reality for food manufacturers
tna intelli-assistTM delivers 95% planning accuracy and reduces reworks down to zero As part of its drive to continue to bring innovative technology solutions to the food industry, TNA Solutions has launched an immersive, interactive digital service, the tna intelli-assistTM, to deliver high-impact projects with minimal risks – all while staying[Read More…]
Circus SE to extend AI-solutions with acquisition of Campo Group
This planned acquisition aims to further extend Circus’s AI and automation capabilities by fully integrating the Campo technology into Circus’s AI-based operating system Circus, a leading technology company in AI and autonomous robotics for the food service sector, announces the signing of a term sheet for the acquisition of Campo[Read More…]
Vow unveils first cultured quail foie gras
Becomes first company to sell multiple cultured meat products in various markets Vow launched Forged Gras – a revolutionary twist on the delicacy, of foie gras – making it the first and only company actively selling multiple cultured meat products in multiple markets. Vow’s innovative twist on this highly sought-after[Read More…]
Ethiopia initiates first shipment of fruits and vegetables to Europe
This shipment marks a significant milestone in developing a cool logistics corridor for exporting fruits, vegetables, and other perishable goods by sea freight through the Port of Djibouti Ethiopia has initiated its first-ever shipment of refrigerated fruits and vegetables to the European market, according to the Ministry of Agriculture. Ethio[Read More…]
Arnott’s Group acquires New Zealand’s three food brands
The newly acquired brands are well-known in New Zealand’s nutritional snack market, providing a variety of products such as muesli bars, baked slices, nuts, and snack mixes The Arnott’s Group announced it acquired three well-known New Zealand brands—Mother Earth, Flemings, and VP—from food manufacturer Prolife Foods Limited. The newly acquired[Read More…]
Meatable welcomes strategic investment from Thailand’s Betagro
This partnership is a landmark achievement as Betagro becomes the first meat company in Asia to invest in Meatable Meatable, the pioneering cultivated meat technology company dedicated to creating sustainable, real meat without harming animals announced a strategic investment from Betagro Ventures, the corporate venture capital arm of one of[Read More…]
TradeDepot partners with PRIME to introduce PRIME Hydration into West Africa
PRIME Hydration is poised to capitalise on the booming West African market with its unique and highly sought-after products Logan Paul and KSI’s widely popular beverage brand, PRIME has officially launched its flagship product PRIME Hydration in Nigeria and Ghana. Partnering with leading market access and distribution platform TradeDepot, PRIME Hydration is poised to capitalise on the[Read More…]
Arla Foods acquires Volac Whey Nutrition business
The acquisition gives Arla Foods Ingredients a significant additional quantity of whey, helping it meet a growing market need Arla Foods Ingredients is moving forward with its acquisition of Volac’s Whey Nutrition business after it was approved by the UK’s Competition and Markets Authority. The regulator’s go-ahead followed an agreement[Read More…]