Tuesday, 21 October 2025

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…
acquisition-of-daiya-foods-by-otsuka-for-405-million-canadian-dollars

August 1, 2017 | Finance

Acquisition of Daiya Foods by Otsuka for 405 million Canadian dollars

Acquisition furthers shared goals of establishing a global plant-based food platform delivering better health around the world. Otsuka Pharmaceuticals Co. Ltd., which offers brands such as Nature Made vitamins and…
refresco-acquires-the-bottling-activities-of-cott-corporation-for-u-s-d-1-25-billion

August 1, 2017 | Finance

Refresco acquires the bottling activities of Cott Corporation for U.S.D 1.25 billion

After the deal, Refresco will be the world’s largest independent bottler for retailers and A-brands in Europe and North America with a combined production volume of approximately 12 billion liters.…
ajinomoto-co-inc-acquires-french-frozen-food-company

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…
starbucks-to-buy-out-china-venture

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…
agrana-invests-25m-in-chinese-facility

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…
mccormick-to-purchase-the-food-business-of-reckitt-bencksier-group-for-4-2-billion

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…
sonoma-creamery-announces-an-investment-of-10-million-by-chicago-based-svoboda-capital-partners-llc

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…
groupe-danone-sells-stonyfield-to-lactalis

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…

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