Conditionally agrees to sell local kiwi confectionery brands to Quadrant Private Equity, owners of RJ’s and Darrell Lea confectionery brands; plan to retain New Zealand manufacturing of iconic kiwi brands Following a review of Nestlé’s confectionery business in Australia and New Zealand, Nestlé is looking to focus on its major[Read More…]
New Zealand
NZ Food Researchers Describe How New Plant Breeding Technologies Could Enhance Fruits & Veggies
The researchers receive support from the New Zealand Government, Ministry of Business, Innovation and Employment Endeavour Funds, ’Turbo Breeding’ and ’Filling the Void.’ Forget vegetables with dull colors and fuzzy skin or fruits that lack of flavor — the produce aisle of the future could offer plant products that are[Read More…]
PEF technology to lift food processing in NZ
The electric field being pulsed through un-cut potatoes during processing alters their microstructure. Researchers at the University of Otago in New Zealand are demonstrating the potential of a new technology which could see New Zealand production of a popular food – the French fry – become healthier, and less costly[Read More…]
Danone to acquire a 49.9% stake in Yashili New Zealand
According to Yashili, the consideration, the payment method and the payment schedule shall be determined after arm’s length negotiations and mutual agreement between the parties. Danone has signed a non-binding agreement to acquire a 49.9 per cent stake in Yashili New Zealand Dairy Company, after its Danone Asia Pacific Holdings[Read More…]
The Collective sells 39% Stake in conformity with New Zealand private-equity resources Pencarrow
The behave along Pencarrow had been negotiated upstairs two years or is The Collective’s advance equity investment. The Collective, a manufacturer over high-protein yogurts or Kefir polite water beverages positioned of New Zealand, has offered a 39% wager after an Auckland-based private-equity fund. Pencarrow Private Equity’s purchase pleasure allow The[Read More…]
