Terms of the transaction have not been disclosed, however, the Ireland-based food company has significantly boosted its presence in the supply chain with this latest acquisition. The Kerry Group has strengthened its portfolio by acquiring one of China’s premier players in the food ingredients sector buying 100% of Tianning Flavour[Read More…]
Company News
Campbell invests $10M in Chef’d
Earlier this month, Campbell reported that earnings decreased to $176 million in its third quarter from $185 million a year earlier Campbell Soup Company recently invested $10 million in e-commerce meal kit company Chef’d. This strategic partnership makes Campbell the largest investor in Chef’d, and the soup company gains a[Read More…]
Megmilk to launch string cheese in Taiwan
Megmilk produces and sells natural and processed cheese products in Indonesia and Australia through joint ventures and other means. Japanese dairy company Megmilk Snow Brand will launch its mainstay “sakeru” (a Japanese term for split) cheese in Taiwan with an eye to expanding sales to other Asian markets, touting the[Read More…]
Symrise launches new innovation centre
The centre’s enhanced research and innovation facilities will help boost local food manufacturing capabilities and also contribute to Singapore‘s vision of becoming Asia’s regional food and nutrition hub. Flavours and fragrances provider Symrise AG recently unveiled the Spark, its new eight-storey Asia-Pacific Innovation and Technology Centre, which marks the completion[Read More…]
Nestlé China unveils milk powder with benefits
The product was launched during the 13th China Nutrition Science Congress held by the Chinese Nutrition Society in Beijing. Nestlé has added a new milk powder with cognitive benefits for adult consumers in China, as part of its Yiyang brand. The ‘senior milk powder’ is specifically designed to help people[Read More…]
TeamonkGlobal launches green tea variants
Online tea shop TeamonkGlobal has launched such new variants of green tea as Sozen Orange Tea, Yoshin Lemon Green Tea and Zoho Lemongrass Green Tea. Online tea shop TeamonkGlobal has launched such new variants of green tea as Sozen Orange Tea, Yoshin Lemon Green Tea and Zoho Lemongrass Green Tea.[Read More…]
Canada’s Agrisoma inks partnership with Uruguay
The partnership opens new opportunities for the Canadian agricultural sector to grow more Carinata. Canada-based Agrisoma Biosciences Inc. signed a new partnership with Uruguay introducing Carinata, a new, renewable, low-carbon cash crop for farmers. Carinata was the crop that fuelled the world’s first 100 per cent bio-jet flight in Ottawa[Read More…]
