kirin-mitsui-to-acquire-stake-in-supplement-firm

July 10, 2018 | Finance

Kirin, Mitsui to acquire stake in supplement firm

The two Japanese companies will own 40 percent each of New York-based Thorne through the investment expected to total over ¥5 billion each. Beverage group Kirin Holdings Co. and trading…
breadtalk-to-set-expansion-in-china-through-stake-acquisition

July 4, 2018 | China

BreadTalk to set expansion in China through stake acquisition

The tripartite alliance is expected to leverage on Pindao in sourcing strategic locations in Shenzhen and Guangzhou.  Singapore- BreadTalk Group-Pindao Venture (BTG-Pindao) will acquire 90% of diner Song Fa (SF).…
danone-to-acquire-a-49-9-stake-in-yashili-new-zealand

June 14, 2018 | Finance

Danone to acquire a 49.9% stake in Yashili New Zealand

According to Yashili, the consideration, the payment method and the payment schedule shall be determined after arm’s length negotiations and mutual agreement between the parties. Danone has signed a non-binding…
jollibee-to-acquire-tim-ho-wan-franchises-for-33-4-m

May 22, 2018 | Finance

Jollibee to acquire Tim Ho Wan franchises for $33.4 M

The deal will combine Tim Ho Wan’s Michelin-starred barbecue pork buns with Jollibee’s stable of Chinese restaurants: Chowking in the Philippines, and Yonghe King and Hong Zhuang Yuan in China.…
unilever-invests-120m-to-boost-operations-in-pakistan

May 2, 2018 | Finance

Unilever invests $120M to boost operations in Pakistan

A majority of the investment will be made to enhance manufacturing operations across Unilever’s four factories in Pakistan over the next two years. Unilever will invest $120 million in its…
cp-foods-signs-deal-with-brazilian-shrimp-farm

April 25, 2018 | Finance

CP Foods signs deal with Brazilian shrimp farm

The company agreed to purchase a total of 4,666,667 newly issued ordinary shares representing 40 per cent of total capital stock of Camanor worth $17.5 million. Thailand’s Charoen Pokphand Foods…
chai-point-raises-20m-series-c-funding

April 20, 2018 | Finance

Chai Point raises $20M series C funding

Chai Point will use its funding to broadening its operations, especially its beverage vending machine vertical BoxC. Singapore- Organised tea firm Chai Point has raised $20 million in latest funding…
heineken-performs-strong-in-asia

April 19, 2018 | Finance

Heineken performs strong in Asia

Consolidated beer volume was up by 11.3 per cent in the company’s Asia Pacific unit. Heineken, the world’s second largest-brewer, saw its global shipments rise 4.3 per cent in the…
olam-international-secures-163m

April 3, 2018 | Finance

Olam International secures $163M

Proceeds from the Facilities will be applied towards capital expenditure and permanent working capital requirements of the Company and COVL in Vietnam, Indonesia, Timor-Leste and Papua New Guinea. Olam International…
nadec-to-acquire-al-safi-danone

March 26, 2018 | Finance

NADEC to acquire Al Safi Danone

NADEC funded the purchase through a 536 million Saudi riyal ($143 million) capital increase. Danone has agreed to sell its Saudi Arabian joint venture dairy company Al Safi Danone (ASD)…