Chinova Bioworks closes seed financing round

Finance |  News | 16 Aug, 2018

Chinova Bioworks, a supplier of an innovative mushroom-based natural preservative for food and beverages, has captured the interest of major food-tech venture capitalists. The company annou...Read more

Sino Agro Food, Inc. Reports Q2 2018 Results

Finance |  News | 16 Aug, 2018

Sino Agro Food, Inc., a specialized investment company focused on protein food including seafood and cattle announces results for the quarter ending June 30, 2018. Financials Revenue from...Read more

NZ dairy firm Keytone Dairy lists on ASX

Finance |  News | 19 Jul, 2018

Keystone Dairy Corporation, a major New Zealand manufacturer, packer and exporter of dairy and nutrition blended products has listed on the Australian Securities Exchange. Keytone commence...Read more

Eatigo receives follow-on funding from TripAdvisor

Finance |  News | 17 Jul, 2018

Bangkok and India-based online restaurant reservation platform Eatigo has raised a follow-on funding as part of its pre-Series C round from existing investor TripAdvisor. This brings its to...Read more

Kirin, Mitsui to acquire stake in supplement firm

Finance |  News | 10 Jul, 2018

Beverage group Kirin Holdings Co. and trading house Mitsui & Co. are planning to jointly acquire an 80 percent stake in Thorne Research Inc., a U.S. developer and supplier of high-quali...Read more

BreadTalk to set expansion in China through stake acquisition

Finance |  News | 04 Jul, 2018

 Singapore- BreadTalk Group-Pindao Venture (BTG-Pindao) will acquire 90% of diner Song Fa (SF). The deal will transfer the operations and managing of restaurants from Song Fa Subsidiar...Read more

Danone to acquire a 49.9% stake in Yashili New Zealand

Finance |  News | 14 Jun, 2018

Danone has signed a non-binding agreement to acquire a 49.9 per cent stake in Yashili New Zealand Dairy Company, after its Danone Asia Pacific Holdings (DAPH) subsidiary agreed a memorandum...Read more

Jollibee to acquire Tim Ho Wan franchises for $33.4 M

Finance |  News | 22 May, 2018

Jollibee Foods Corp (JFC) has announced that it would invest US $33.4 million in a private equity fund that is set to acquire the master franchise of Tim Ho Wan in the Asia Pacific. In a d...Read more

Unilever invests $120M to boost operations in Pakistan

Finance |  News | 02 May, 2018

Unilever will invest $120 million in its Pakistani operations as it responds to the country’s high potential for long-term growth. A majority of the investment will be made to enhanc...Read more

CP Foods signs deal with Brazilian shrimp farm

Finance |  News | 25 Apr, 2018

Thailand’s Charoen Pokphand Foods (CP Foods) has inked a deal to acquire a 40 per cent stake in Camanor Produtos Marinhos, one of a largest shrimp farmers and processors in Brazil. T...Read more

Chai Point raises $20M series C funding

Finance |  News | 20 Apr, 2018

Singapore- Organised tea firm Chai Point has raised $20 million in latest funding round led by private equity firm Paragon Partners. The series C round also saw participation from all its e...Read more

Heineken performs strong in Asia

Finance |  News | 19 Apr, 2018

Heineken, the world’s second largest-brewer, saw its global shipments rise 4.3 per cent in the first quarter of the year with significant growth in Asia. Profits fell to €260 mi...Read more

Olam International secures $163M

Finance |  News | 03 Apr, 2018

Olam International Limited, a leading agri-business operating across the value chain in 66 countries, has secured medium term financing facilities aggregating $163.0 million from the Asian ...Read more

NADEC to acquire Al Safi Danone

Finance |  News | 26 Mar, 2018

Danone has agreed to sell its Saudi Arabian joint venture dairy company Al Safi Danone (ASD) to the National Agricultural Development Company (NADEC) for an undisclosed sum. Al Safi Danone...Read more

Nutryfarm to acquire stake in First Linkage

Finance |  News | 16 Mar, 2018

NutryFarm International Limited, an investment holding company engaged in the research, development, production, and sale of nutrition, health food, and related health products in the Peopl...Read more

Danone invests $18.3M in NZ production facility

Finance |  News | 27 Feb, 2018

Danone has invested NZL 25 million ($18.3 million) in its Airport Oaks infant formula blending and processing facility in Auckland, New Zealand. Danone says that the investment will double...Read more

ThaiBev Q1 profit drops 62%

Finance |  News | 15 Feb, 2018

Thai spirits maker Thai Beverage has posted a first quarter net profit of 2.91 billion baht (US $ 122 million), down 62.3 percent from the same period a year earlier. The firm incurred acq...Read more

Danone to sell part of Yakult stake

Finance |  News | 14 Feb, 2018

French food company Danone has announced its plans to sell part of its 21.3 per cent stake in Japanese probiotic dairy company Yakult. The divestiture will be carried out through a market ...Read more