Angel Yeast’s protein contributes a unique fermentation flavour, blending seamlessly with soy and whey proteins to enhance the bars Angel Yeast, a global leader in yeast manufacturing, has teamed up with healthy food brand ffit8 to unveil two innovative products: the nougat protein bar and protein nougat snack. These new offerings, featuring Angel Yeast’s protein,[Read More…]
Tag: Shanghai
RBI acquires Popeyes China plans to accelerate growth
RBI has agreed to acquire the Popeyes China business from Tims China on a cash-free debt-free basis based on an enterprise value of $15M Restaurant Brands International Inc. announced two transactions in China, the acquisition of Popeyes China, and the co-investment with Cartesian Capital into the business of TH International Limited. The[Read More…]
Fonterra to open new application centre in Wuhan China
This new addition will join the existing Beijing, Chengdu, Guangzhou, Shanghai, and Shenzhen centres Fonterra has announced the opening of its sixth application centre in China, set to open later this year in Wuhan. Construction of the centre is currently underway. This new addition will join the existing Beijing, Chengdu,[Read More…]
HBC appoints Lithy as additional distributor in China
Lithy has in-house manufacturing capabilities and several ready-to-go formulations using HBC ingredients Hofseth Biocare ASA (HBC) has announced the appointment of Lithy One-Health Group Technology Co. Ltd (Lithy) as an additional distributor in China. Based in Shanghai, Lithy has agreed with HBC to distribute its science-led marine nutrition ingredients, including[Read More…]
Angel Yeast partners with BakeMark launching multiple products in China
Angel Yeast and BakeMark will team up to introduce three product lines featuring over 40 products Angel Yeast, the world’s leading yeast manufacturer, joined hands with BakeMark to unveil a variety of product lines under the name BakeMark By Angel at Bakery China 2024, the 26th edition of the largest exhibition in[Read More…]
Hiperbaric opens new office in Shanghai
This strategic move aims to strengthen Hiperbaric’s presence in the rapidly growing Asian market for HPP food products Hiperbaric, a global leader in the design and manufacture of high-pressure technology, announced the opening of a new sales office in Shanghai’s Free Trade Zone. The new office will be dedicated to the commercialisation[Read More…]
DPC Dash – Domino’s Pizza China strengthen positioning in China’s pizza market
DPC Dash is a market leader differentiated from its competitors through its continuously developed, localised pizza-focused menu DPC Dash – Domino’s Pizza China, Domino’s Pizza’s exclusive master franchisee in the China Mainland, the Hong Kong Special Administrative Region of China, and the Macau Special Administrative Region of China has delivered robust first[Read More…]
Aalst Chocolate eyes growth in Asia through customer-driven innovation
Aalst’s vision to grow as a chocolate company ‘from Asia for Asia’ was given a boost when it was acquired by Cargill Against the backdrop of strong Asian chocolate demand, Aalst Chocolate, a Cargill company, unveiled plans to drive growth through its unique ‘bean to bar’ positioning and customer-led product[Read More…]
Yum China’s net income up by 139% in Q2
Total Revenues up 25%; system sales grew 32% in constant currency; operating profit increased 216% In the second quarter of 2023, Yum China Holdings reported a net income of $197 million, which is an impressive 138 per cent increase compared to the previous year’s $83 million. The company’s total revenue[Read More…]
Kerry Group acquires Shanghai Greatang Orchard Food
Kerry has agreed to pay an initial consideration of RMB720m (€91m), with the possibility of additional payments of up to RMB780m (€99m) over the next three years Kerry Group plc announced the acquisition of Shanghai Greatang Orchard Food Co., Ltd, a global taste and nutrition company. Shanghai Greatang Orchard Food[Read More…]
