dealmaking-ferrero-tycoon-breaks-decades-of-family-tradition-with-nestle-buyout

January 18, 2018 | Ingredients

Dealmaking Ferrero tycoon breaks decades of family tradition with Nestle buyout

The latest acquisition is by far his biggest bet, sinking US$2.8 billion (S$3.7 billion) into a tough market where Nestle was losing ground, and swimming against the tide as many…
hormel-foods-partners-with-menchies-frozen-yoghurt

January 4, 2018 | Company News

Hormel Foods partners with Menchie’s Frozen Yoghurt

According to the company, Menchie’s Peanut Butter Brownie frozen yogurt is made with real cocoa powder and Skippy peanut butter and contains no artificial flavors, colors, high-fructose corn syrup or…
arla-announces-collaboration-with-indonesian-firm-indofood

January 3, 2018 | Company News

Arla announces collaboration with Indonesian firm Indofood

The joint venture will be called Arla Indofood Sukses Makmur. Arla Foods has entered into a joint venture with Indonesia’s PT Indofood CBP Sukses Makmur Tbk, with the aim of…
houjicha-tea-catches-on-as-alternative-beverage-in-japan

December 28, 2017 | Wellness

Houjicha tea catches on as alternative beverage in Japan

According to market research firm Intage, sales of hojicha beverages in 2016 totaled about 14 billion yen (S$166 million), a 30 per cent increase from 2012. Beverages, sweets and other…
ortus-to-leverage-malaysias-leading-role-in-wellness-industry

December 28, 2017 | Ingredients

Ortus to leverage Malaysia’s leading role in wellness industry

Wellness and beauty (which includes cosmetics) in Malaysia are already billion-ringgit industries. The global wellness and beauty industries are growing at an impressive rate and Malaysian firms are capitalising on…
gomkt-app-unveils-new-food-shopping-platform

December 27, 2017 | Company News

GoMkt app unveils new food shopping platform

Once an offer is published, GoMkt users can then make a purchase before heading to the retailer to collect their items. Transactions are completed electronically Mobile app GoMkt has unveiled…
tea-fort-adds-spiced-chai-line-to-its-portfolio

December 27, 2017 | Ingredients

Tea Forté adds spiced chai line to its portfolio

Chakra Collection will be available from January 2018 in the US with prices starting at $18 per box Artisan tea company Tea Forté will launch a range of traditional chai…
freedom-foods-teams-up-with-mountain-milk

December 26, 2017 | Company News

Freedom Foods teams up with Mountain Milk

The agreement ensures Mountain Milk’s founding farmers achieve a fair and competitive farm gate price. Freedom Foods Group and Mountain Milk Co-operative have planned to work together to form a…
raisio-sells-its-confectionery-business-to-valeo-for-100m-euros

December 22, 2017 | Ingredients

Raisio sells its confectionery business to Valeo for 100m euros

Valeo Foods has annual sales of over €700 million and its portfolio of brands includes Jacob’s and Rowse Honey Finnish company Raisio has sold its confectionery business, which includes the Poppets…
brenntag-acquires-a1-cake-mixes-and-kluman-and-balter

December 21, 2017 | Ingredients

Brenntag acquires A1 Cake Mixes and Kluman and Balter

The two companies currently offer distribution services to the bakery supply chain, connecting a diverse range of ingredients German chemical distribution firm Brenntag has acquired A1 Cake Mixes and Kluman…