Brazilian beef producer JBS to spin off international businesses
Brazil-based beef producer JBS has unveiled plans to restructure its overseas businesses into a new entity that will be based in Ireland and listed on the New York Stock Exchange.
Focus:
Brazil-based beef producer JBS has unveiled plans to restructure its overseas businesses into a new entity that will be based in Ireland and listed on the New York Stock Exchange.
New Zealand-based Fonterra has introduced Anchor Food Professionals, a new global foodservice brand that will help the cooperative to access opportunities in this segment.
Turkey-based Vanet Gida Sanayi Ic ve Dis Ticaret has initiated talks with bus terminal operator Avrasya Terminal Isletmeleri to acquire food product company Bostan Tarim Urunleri Seracilik Ve Gida Sanayi...
Kellogg Company has announced plans to raise €600m ($683.63m) through a public offering, which is expected to be closed on 19 May.
US-based Ajinomoto Windsor has recalled approximately 47 million pounds of meat and poultry products, which may be contaminated with Listeria monocytogenes.
Flavouring company Givaudan has opened laboratory and office facilities in Pakistan, as part of its 2020 strategy to invest in high-growth markets.
New Jersey-based MORRE-Tec Industries has acquired Vitacyclix, a producer of vitamins, nutrients and bioflavonoids that are used to enhance food and drink products.
UK-based Associated British Foods (ABF) is reportedly considering to sell its China-based sugar business for $1bn, as it intends to focus on operations in Africa and Europe.
US-based Monsanto may withdraw its biotech seed business from Argentina as it faces issues in collecting royalties for genetically engineered (GE) soybeans.
Glasgow-based food producer Aldomak has announced that it is set to boost sales by 50%, as it begins an expansion period of its product range supported by a re-branding campaign...