B&G Foods to buy American packaged foods firm for $155m
US-based B&G Foods will buy Specialty Brands of America and its related assets from private investor American Capital in a $155m all-cash deal.
Focus:
US-based B&G Foods will buy Specialty Brands of America and its related assets from private investor American Capital in a $155m all-cash deal.
Switzerland-based cocoa and chocolate products manufacturer Barry Callebaut has reported a 2.7% rise in net profit to CHF119.6m for the first six months of fiscal 2013-2014, compared with CHF116.5m a...
New Zealand dairy exporter Fonterra plans to boost production at its milk processing plant in Cobden, south-west Victoria, Australia, with an investment of $30m.
Ready meals manufacturer Creative Foods, owned by Brakes, has announced plans to close its factory in Flintshire, north Wales, by May, putting 149 jobs at risk.
A Hopu Investments-led consortium and COFCO, a Chinese state-owned food company, have signed a deal with Noble Group to establish an agribusiness joint venture (JV), Noble Agri.
US-based Archer Daniels Midland (ADM) is reportedly seeking to increase its holding in Australian grain trader GrainCorp.
Goodman Fielder, a manufacturer of bread and dairy products in Australia and New Zealand, has completed the sale of its meats business in New Zealand to Hellers.
Dairy cooperatives Arla Foods amba and Eupener Genossenschaftsmolkerei Walhorn (EGM Walhorn) have announced plans to merge their operations.
US-headquartered confectionery giant Mars has opened a new $270m facility in Topeka, Kansas, which is the first new site for Mars Chocolate North America to be built in 35 years.
Bimbo Bakeries USA (BBU) has unveiled plans to cease operations at its facility in Bay Shore, New York by July, putting 178 jobs at risk.