Despite huge production and being the most important basic grocery item in Pakistan, the wheat category has largely remained unorganised. Sunridge Foods has recently introduced a whole wheat flour brand called Sunridge Chakki Atta to meet consumer demand for natural, healthy and hygienic whole wheat flour. Wheat is the main[Read More…]
Company News
Kerry achieves SDAS certification of milk suppliers in Ireland
Launched in 2013, SDAS is a national quality and sustainability programme that independently audits performance at farm level every 18 months Irish food and beverage firm Kerry Group (Kerry) has achieved 100% certification of its 3,300 milk suppliers in the country under the Sustainable Dairy Assurance Scheme (SDAS). Launched in[Read More…]
Hortifrut acquires Talsa’s blueberry business in Peru for $160m
As per the terms of the agreement, Hortifrut will acquire 1,450ha of land, facilities, and equipment in two packing units Chilean fruit company Hortifrut has entered a merger agreement with a Peru-based agriculture company Talsa to acquire its blueberry business for $160m. Talsa is one of the major producers and[Read More…]
United Food Holdings grabs 80% stake each in 3 animal-feed related firms
The acquisitions will allow United Food to expand and strengthen its foothold in China, and gain its target companies’ expertise and products. Singapore – SOYBEAN products and animal feed supplier United Food Holdings acquired an 80% stake each in three China companies that develop and sell animal feed and animal feed-related[Read More…]
Japanese rice to enter Singapore market
The grains are aged for six months to enhance texture and flavour, before being milled. A brand of Japanese rice, which touts itself as the world’s most expensive rice, will be soon be available in Singapore. It is the first time the Japanese rice blend, called Kinmemai Premium, is being[Read More…]
Unilever to acquire natural and organic food business in Brazil
The company’s main categories in Brazil represent a market worth more than €8 billion, according to Euromonitor. Unilever P.L.C. has agreed to acquire Mãe Terra, a natural and organic food business in Brazil. Financial terms were not disclosed. Mãe Terra’s portfolio includes organic cereals, cookies, snacks and culinary products. The[Read More…]
Vinamilk inks deal with Danish firm
Vinamilk now ranks among the top 50 dairy companies in the world in revenue terms. Vinamilk, Vietnam’s largest dairy company, signed what it calls an agreement for strategic co-operation with Denmark’s Chr.Hansen Company in Copenhagen. This is the second time since 2011 that Vietnam Dairy Products JSC, as it is[Read More…]
Vitafoods Asia 2017 – Positive First Run in Singapore
The only dedicated nutraceutical event in Asia took place on 5-6 September in its new Singapore location at Marina Bay Sands. Vitafoods Asia 2017, the only dedicated nutraceutical event in Asia, took place on 5-6 September in its new Singapore location at Marina Bay Sands, bringing together many professionals and[Read More…]
Keventer Agro plans expansion in north east India
Plans are also afoot to diversify its product basket by having value-added offerings like curd and yoghurt. Kolkata-based Keventer Agro Ltd, a group outfit of the Rs. 1,800-crore Keventer Group, looks to expand its dairy business by entering the north-eastern markets and strengthening its footprint in West Bengal. Plans are[Read More…]
Nestle to launch brands in China
The deal could also benefit local Australian oat farmers, with Nestle also set to introduce the popular Uncle Tobys brand into China as well. China’s growing affluent middle class has already fallen in love with Weet-Bix, sometimes stripping Australian supermarket shelves and paying up to $50 a box, could soon[Read More…]