Friday, 16 January 2026

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)…
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…

Technology

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Food Testing

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IMCD opens a Food & Nutrition Laboratory in Cologne

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