hershey-to-acquire-amplify-snack

December 19, 2017 | Finance

Hershey to acquire Amplify Snack

Hershey Co has plans to gain a firmer footing in the fast-growing market for healthy snacks.  Hershey Co has plans buy SkinnyPoppopcorn maker Amplify Snack Brands in a deal valued at $1.6 billion, including debt,…
nestle-to-expand-into-vitamins-and-supplements

December 6, 2017 | Finance

Nestle to expand into vitamins and supplements

Nestle is buying Atrium from a group of investors led by private-equity firm Permira Funds. The Swiss food and beverage giant, Nestle is planning to expand into vitamins and supplements…
toho-buys-two-southeast-asian-firms

December 4, 2017 | Finance

Toho buys two Southeast Asian firms

The company aims to expand the market share in Singapore first. Japanese food company Toho has bought two Southeast Asian firms, one in Singapore and the other in Malaysia, to expand…
revenues-rise-for-hong-kong-based-vitasoy

December 1, 2017 | Finance

Revenues rise for Hong Kong based Vitasoy

The company is said to be driven by strong sales performance, with the gross profit increasing by 19% to HK$1,922 million. Hong Kong-listed soy milk and tofu manufacturer Vitasoy has…
syngenta-to-acquire-nidera-seeds

November 7, 2017 | China

Syngenta to acquire Nidera Seeds

Nidera BV is a Dutch subsidiary which was originally acquired when COFCO bought 51% of the shares in 2014. Syngenta has entered into a binding agreement to acquire Nidera Seeds…
kraft-heinz-grows-sales-by-0-7

November 2, 2017 | Finance

Kraft Heinz grows sales by 0.7%

The company turned over $6.31 billion, compared to $6.27 billion in the same period last year, with net income growing 12% to reach $944 million Kraft Heinz has posted a…
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…