The transaction will include 80 percent of Schwan’s Company and specific subsidiaries that focus on foods sold in retail and grocery channels and food-service venues. Schwan’s Company, a leading U.S. food business, has reached an agreement to sell a majority stake of the company to CJ CheilJedang (CJCJ), of Seoul,[Read More…]
Korea
The Korea Ginseng Association’s regional festivals sees an increase in the participation of foreign tourists
At these festivals, the increased number of foreign tourists garnered attention, reflecting the influence of Hanryu and growing global interests in the Korean Ginseng. The Korea Ginseng Association reported that the annual October Korean Ginseng festivals, total 16 of them this year, are successfully being held across the nation. Among the[Read More…]
The Korea Ginseng Association announces local Korean Ginseng festivals’ schedule
These annual local Ginseng festivals provide an exciting opportunity to try out Korean Ginseng inspired recipes and foods, along with variety of programs and cultural events. The Korea Ginseng Association has announced schedules of local Korean Ginseng festivals that will be held in many cities in Korea in October. In Korea, 16[Read More…]
Korea Ginseng Association certifies Korean Ginseng’s quality
Korean Ginseng was proved in a research in 2002 done by the Chung-Ang University Ginseng Industrial Research Center to have higher levels of the six main active nutrients — G-Rb2, G-Rh1, Ge, G-Rg1, G-Rf and Se — in a study comparing ginseng from Korea, Japan, Canada and China. The Korea[Read More…]
Lotte Food signs agreement with Spring Sheep Milk
Leading Korea food company Lotte Food Pasteur plans to introduce a new sheep milk product line for children, expecting to launch in 2019. Lotte Foods Co., Ltd. recently announced that a Memorandum of Understanding (MoU) has been successfully signed with innovative sheep milk nutrition company, Spring Sheep Milk Co. Leading[Read More…]
SIG partners with Seoul Dairy to launch Achimae Soymilk
It is the first product to be launched featuring SIG’s microwaveable packaging since it was introduced last month. SIG has partnered with South Korea’s Seoul Dairy Cooperative to launch Achimae Soymilk in its Heat&Go packaging. The soy milk drink with chickpea protein is designed to be served as a warm,[Read More…]
a2 Milk signs South Korean distribution deal
This agreement gives Yuhan Corporation the right to promote and distribute a2MC’s branded products throughout South Korea. The a2 Milk Company (a2MC) has signed an exclusive sales and distribution agreement with South Korean pharmaceutical company Yuhan Corporation. This agreement gives Yuhan Corporation the right to promote and distribute a2MC’s branded[Read More…]
I-Mei Foods signs agreement with Lohas Biotech
The agreement was signed and exchanged between I-Mei Foods General Manager Luis Ko and Lohas Biotech Chairman Jian Ming-ren. I-Mei Foods and Lohas Biotech jointly hosted a press conference in Taipei to sign an agreement for future cooperation on development of food products made from the Shampignon mushrooms. The agreement[Read More…]
Asian medicinal herb reduces inflammation
The healing properties of the herb are likely due to its sulphur and phenolic compounds along with phytosterols and vitamin C components. Researchers at the Chonbuk National University in Korea have discovered new healing properties of an Asian wild medicinal herb Allium Hookeri. Allium Hookeri is a wild herb cultivated[Read More…]
