Finance Archives - Page 47 of 48 - NUFFOODS Spectrum ASIA

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…

June 22, 2017 | Finance

NeoLacta Lifesciences, an Indian Company to import breast milk to Australians for $300 a litre

The milk will be supplied to five breast banks in neonatal wards across Australia. NeoLacta Lifesciences was granted permission to start selling breast milk to Australians, last year. The milk…

June 21, 2017 | Finance

Sovos Brands acquires Rao’s Speciality Foods

Rao’s Specialty Foods is the second acquisition in less than six months for Sovos, which seeks to acquire and build value in one-of-a-kind food and beverage brands. Sovos Brands, a…

June 14, 2017 | Finance

Starpharma sells crop chemical business to Agrium for $26m

The acquisition is comprised of key patents, technical know-how, and a small number of staff based in Melbourne Australia based biotech firm Starpharma Holdings has recently sold its agro-chemicals unit…

Technology

Kroger scales generative AI strategy with Google Cloud to drive digital growth and personalisation

Jan 12, 2026 | Company News

Ukraine backs fruit, vegetable and greenhouse farming to secure food supply

Jan 12, 2026 | Europe

Bayer to launch innovative strawberry variety

Jan 09, 2026 | Company News

Food Testing

IMCD opens a Food & Nutrition Laboratory in Cologne

Jan 08, 2026 | Company News

La Trobe University Develops Portable Biosensor to Detect PFAS in Water

Jan 08, 2026 | Australia

Saudi Halal Centre launches ESG-Aligned Halal Mark Track

Jan 01, 2026 | Food

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Lunchbox and OPA! partner to redefine marketplace ordering for restaurants

Jan 14, 2026 | Company News

Nature's Own launches Life Wheat + Protein bread

Jan 14, 2026 | Company News

Atomgrid raises $7Mn pre-series A funding to build a global speciality chemicals platform

Jan 13, 2026 | Company News

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

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

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…

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…

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…

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…

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…

NeoLacta Lifesciences, an Indian Company to import breast milk to Australians for $300 a litre

The milk will be supplied to five breast banks in neonatal wards across Australia. NeoLacta Lifesciences was granted permission to start selling breast milk to Australians, last year. The milk…

Sovos Brands acquires Rao’s Speciality Foods

Rao’s Specialty Foods is the second acquisition in less than six months for Sovos, which seeks to acquire and build value in one-of-a-kind food and beverage brands. Sovos Brands, a…

Starpharma sells crop chemical business to Agrium for $26m

The acquisition is comprised of key patents, technical know-how, and a small number of staff based in Melbourne Australia based biotech firm Starpharma Holdings has recently sold its agro-chemicals unit…

Technology

Kroger scales generative AI strategy with Google Cloud to drive digital growth and personalisation

Ukraine backs fruit, vegetable and greenhouse farming to secure food supply

Bayer to launch innovative strawberry variety

Food Testing

IMCD opens a Food & Nutrition Laboratory in Cologne

La Trobe University Develops Portable Biosensor to Detect PFAS in Water

Saudi Halal Centre launches ESG-Aligned Halal Mark Track

More Popular

Lunchbox and OPA! partner to redefine marketplace ordering for restaurants

Nature's Own launches Life Wheat + Protein bread

Atomgrid raises $7Mn pre-series A funding to build a global speciality chemicals platform

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