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)…
nutryfarm-to-acquire-stake-in-first-linkage

March 16, 2018 | China

Nutryfarm to acquire stake in First Linkage

The acquisition is part of efforts to seek potential business opportunities linked to the group’s existing areas of business. NutryFarm International Limited, an investment holding company engaged in the research,…
danone-invests-18-3m-in-nz-production-facility

February 27, 2018 | Finance

Danone invests $18.3M in NZ production facility

Danone says that the investment will double the production capacity of the facility. Danone has invested NZL 25 million ($18.3 million) in its Airport Oaks infant formula blending and processing…
thaibev-q1-profit-drops-62

February 15, 2018 | Finance

ThaiBev Q1 profit drops 62%

The firm incurred acquisition costs of 2.35 billion baht from the four deals it completed in the quarter which sent net profits down in the first quarter. Thai spirits maker…
danone-to-sell-part-of-yakult-stake

February 14, 2018 | Finance

Danone to sell part of Yakult stake

The divestiture will be carried out through a market transaction launched by Yakult and is expected to settle in March. French food company Danone has announced its plans to sell…
newly-weds-foods-strengthens-its-position-in-liquids-manufacturing

February 7, 2018 | Finance

Newly Weds Foods strengthens its position in Liquids Manufacturing

Newly Weds Foods has announced the acquisition of Mullins Food Products. Newly Weds Foods, Inc. has announced the acquisition of Mullins Food Products, a leading sauce supplier in the U.S.…
tyson-invests-in-smart-oven-startup-toyala

February 7, 2018 | Finance

Tyson invests in Smart-Oven Startup Toyala

Tyson, through its venture capital group, said its investment in Tovala opens the door to new ways of meeting consumer demand. Terms of the deal were not disclosed. Tyson Foods…
arla-foods-announces-the-investment-of-527-million-euros-in-2018

February 2, 2018 | Finance

Arla Foods announces the investment of 527 million euros in 2018

The decision to significantly increase investments was approved at a meeting in London by Arla Foods’ board of directors, which consists mainly of elected farmer owners. The company will invest…
goldman-sachs-invests-in-ripple-foods

January 30, 2018 | Finance

Goldman Sachs invests in Ripple Foods

This is Ripple’s largest capital infusion and brings the two-year-old company’s total funding to $110 million. Goldman Sachs Group Inc recently participated in a $65 million investment in Ripple Foods…