March 13, 2025 | Australia

Saputo Dairy Australia sales King Island Dairy business

SDA remained hopeful of finding an alternative solution, given the substantial impact on employees and the broader community Saputo Dairy Australia (SDA) announced it has entered into a binding agreement…

March 5, 2025 | China

Nestlé acquires 40% stake in China’s confectionery manufacturer Xu Fuji

Nestlé formed a partnership with Xu Fuji in 2011, acquiring 60 per cent of Xu Fuji’s shares and providing technical and market support for the Xu Fuji brand series Nestlé…

February 25, 2025 | Company News

Singapore’s Olam Group to divest majority stake in Olam Agri to SALIC

This strategic divestment follows SALIC’s earlier acquisition of a 35.43 per cent stake in Olam Agri in December 2022, valued at $3.50 billion Singapore-based Olam Group Limited (OGL) has announced…

February 21, 2025 | Beverages

Bronco Wine acquires assets of Wine Hooligans

The acquisition includes Wine Hooligans’ Santa Rosa production facilities, which have been instrumental in the company’s winemaking operations Bronco Wine Co., a leading force in the U.S. wine industry announced the acquisition…

February 20, 2025 | China

Restaurant Brands International announces plan for Burger King in China

RBI acquires partners’ equity stakes and will identify a new local operating partnertransaction shows commitment to drive long-term growth in China Restaurant Brands International announced that a subsidiary of RBI has…

February 19, 2025 | Beverages

Suntory invests 6.5 Bn Yen in Osaka plant to strengthen gin category in Japan

The 5.5 billion yen capital investment from 2024 to 2025 will increase production capacity and enhance quality craftsmanship for its spirits and liqueurs Suntory Spirits, a company that manages Suntory…

February 18, 2025 | Beverages

Coca-Cola’s net revenue up by 3% to $47Bn

Global unit case volume grew 2 per cent in Q4, led by China, Brazil, and the United States, while full-year volume saw a 1 per cent increase, driven by growth…

February 17, 2025 | Africa

Bold investments needed to address challenging nutritional burden in Africa

FAO Director-General addresses High-Level Side Event at African Union Summit in Addis Ababa hosted by the King of Lesotho The Director-General of the Food and Agriculture Organization of the United…

February 17, 2025 | Company Result

Unilever reports growth in food and ice cream divisions

Unilever’s Foods division saw 2.6 per cent growth, with Knorr and Hellmann’s accounting for about 60 per cent of the segment-leading the way Unilever’s Foods and Ice Cream segments experienced…

February 14, 2025 | Company News

Nestlé reports solid 2024 performance sets ambitious growth plans

Nestlé expects organic sales growth to improve in 2025, though underlying trading operating profit margins may see short-term pressure due to increased investments Nestlé has announced its financial results for…