Friday, 15 May 2026

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…
conagra-nears-a-deal-to-buy-angies-artisan-treats

September 22, 2017 | Finance

Conagra nears a deal to buy Angie’s Artisan Treats

The potential deal would continue Conagra’s efforts to bolster its portfolio of branded food. Orville Redenbacher’s Popcorn owner Conagra Brands is nearing a deal to buy Angie’s Artisan treats, maker…
china-to-make-food-investment-in-dubai

September 21, 2017 | China

China to make food investment in Dubai

The strategic agreement will consolidate China’s stake in the burgeoning Middle East food industry and expand bilateral relations further. Dubai Food Park (DFP), the region’s largest specialised zone dedicated to…
frutarom-acquires-swiss-company-mhlehof-gewrze-for-usd-7-million

August 23, 2017 | Finance

Frutarom acquires Swiss company Mühlehof Gewürze for USD 7 million

The acquisition will strengthen Frutarom’s leadership in Switzerland allowing continued expansion and generating and exploiting synergies in the areas of R&D and sales. Frutarom Industries continues its momentum of acquisitions…

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