Finance Archives - Page 42 of 44 - NUFFOODS Spectrum ASIA

July 31, 2017 | Finance

Ajinomoto Co, Inc acquires French frozen food company

Going forward, Ajinomoto Co will further strengthen its consumer foods business in Europe and accelerate growth. Ajinomoto Co, Inc has acquired the French frozen food company Labeyrie Traiteur Surgelés S…

July 28, 2017 | Finance

Starbucks to buy out China venture

The acquisition, the largest in Starbuck’s history, will build on the company’s ongoing investments in the country Starbucks will acquire the outstanding 50 per cent of its joint venture in…

July 20, 2017 | Finance

Agrana invests $25M in Chinese facility

It will serve some of Agrana’s highest-profile customers, including Danone, Mengniu, Bright Dairy, and Unilever. Austrian fruit ingredients producer Agrana will invest almost €22 million in a new manufacturing facility…

July 19, 2017 | Finance

McCormick to purchase the food business of Reckitt Bencksier Group for $4.2 billion

With the deal, McCormick expects to achieve “meaningful accretion” to margins and adjusted earnings per share, excluding transaction and integration costs. It expects cost synergies of about $50 million, most…

July 12, 2017 | Finance

Sonoma Creamery announces an investment of $10 million by Chicago-based Svoboda Capital Partners LLC

The Company is a manufacturer of shelf-stable, high-protein, gluten-free, naturally lactose-free, baked cheese snack made with organic quinoa and no artificial preservatives and has also launched Parmesan Crisps, Cheddar Crisps…

July 6, 2017 | Finance

Groupe Danone sells Stonyfield to Lactalis

Lactalis is a global dairy company with total sales of €17 billion ($19.3 billion). Cheese manufacturing is the company’s largest market and makes up 34% of sales. Yogurt and chilled…

July 3, 2017 | Finance

Kraft Heinz Company sells its Campbell, N.Y. Facility to Upstate Niagara Cooperative

The move will keep 125 jobs at the facility. According to media reports, Upstate Niagara Cooperative, a farmer-owned cooperative of 360 dairy farms throughout western New York, has agreed to…

June 28, 2017 | Finance

Supervalu acquires Unified Grocers for $375 million

The combined companies will operate 24 distribution centers supplying customers in 46 states and serve a customer base of over 3,000 stores. In a transaction valued at $375 million, Supervalu…

June 22, 2017 | Finance

Kellogg invests in plant-based, blender-free frozen smoothie cubes brand Bright Greens

Bright Greens offers frozen smoothie cubes in four flavors. Consumers do not need blenders for this. They simply add hot water to the frozen cubes and shake. US frozen smoothie…

June 22, 2017 | Finance

Amazon to acquire Whole Foods Market

The $13.7 billion deal marks the push into grocery market by Amazon. Amazon, the world’s most powerful online retailer, will acquire Whole Foods Market Inc. for $13.7 billion, a deal…

Technology

Investindustrial to acquire Kiremko, Idaho Steel and Reyco

Aug 29, 2025 | Company News

IFF and Reservas Votorantim sign bioprospecting partnership in Brazil

Aug 29, 2025 | Company News

Saithe’s time to shine: Meeting demand for healthy, affordable seafood

Aug 29, 2025 | Food

Food Testing

bioMérieux develops game-changing quality control solution GENE-UP PRO HRM

Aug 08, 2025 | Company News

Fighting hunger with health: How $1 Mn grant is redesigning rural food access in Michigan

Aug 01, 2025 | Food

Salmonella outbreak linked to deep-brand frozen sprouted beans prompts multistate recall

Jul 23, 2025 | Food

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