Monday, 11 August 2025

saputo-strikes-a-deal-with-goulburn-worth-1b

October 31, 2017 | Finance

Saputo strikes a deal with Goulburn worth $1B

Murray Goulburn reported a decline in revenues for its 2016/17 fiscal year due to a decline in liquid milk sales. Canadian dairy company Saputo has agreed to strike a deal…
frutarom-to-acquire-ownership-of-enzymotec

October 30, 2017 | Finance

Frutarom to acquire ownership of Enzymotec

The transaction will be done via full merger of Enzymotec into a subsidiary of Frutarom. Frutarom will acquire full ownership of Enzymotec, Israel, at a net investment of approx. $…
ifc-likely-to-invest-in-organic-food-firm-agrex

October 3, 2017 | Finance

IFC likely to invest in organic food firm Agrex

Agrex will use the funds for setting up greenfield processing facilities in Sri Lanka, Uganda, Ethiopia and Philippines. International Finance Corporation, the private-sector investment arm of the World Bank, is…
ifc-plans-25-m-investment-in-jiahe-foods

September 26, 2017 | China

IFC plans $25 M investment in Jiahe Foods

Jiahe Foods is planning to invest in upgrading its non-dairy creamer production lines and setting up an R&D centre, a freeze-dry coffee facility and a modern warehouse. The International Finance…
conagra-nears-a-deal-to-buy-angies-artisan-treats

September 22, 2017 | Finance

Conagra nears a deal to buy Angie’s Artisan Treats

The potential deal would continue Conagra’s efforts to bolster its portfolio of branded food. Orville Redenbacher’s Popcorn owner Conagra Brands is nearing a deal to buy Angie’s Artisan treats, maker…
china-to-make-food-investment-in-dubai

September 21, 2017 | China

China to make food investment in Dubai

The strategic agreement will consolidate China’s stake in the burgeoning Middle East food industry and expand bilateral relations further. Dubai Food Park (DFP), the region’s largest specialised zone dedicated to…
frutarom-acquires-swiss-company-mhlehof-gewrze-for-usd-7-million

August 23, 2017 | Finance

Frutarom acquires Swiss company Mühlehof Gewürze for USD 7 million

The acquisition will strengthen Frutarom’s leadership in Switzerland allowing continued expansion and generating and exploiting synergies in the areas of R&D and sales. Frutarom Industries continues its momentum of acquisitions…
ajinomoto-fully-acquires-kkre-gda-inc

August 23, 2017 | Finance

Ajinomoto fully acquires Kükre Gıda Inc.

Making Kükre A.Ş. a wholly owned subsidiary will enable the Ajinomoto Group to act as a comprehensive food manufacturer in Turkey Ajinomoto acquired an additional 50 per cent of the…
cp-foods-h1-profits-up-despite-livestock-pressure

August 16, 2017 | Finance

CP Foods H1 profits up despite livestock pressure

CP Foods booked a 10.5 per cent rise in revenue to THB245.59 billion. Charoen Pokphand Foods, the Thailand-based meat and seafood group, saw its earnings in the first half of…
neo-group-reports-losses-in-1qfy18

August 10, 2017 | Finance

Neo Group reports losses in 1QFY18

It is due to operational improvements in the food manufacturing business. Neo Group reported losses of $0.65m in 1QFY18, which is significantly lower than last year’s $2.5m loss for the…

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