30 November 2011
Unilever sells Culver Specialty Brands
British-Dutch consumer goods group Unilever has completed the sale of its Culver Specialty Brands division to US-based food company B&G Foods for $325m (€240m) in cash.
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29 November 2011
Aryzta reports increase in Q1 revenue
Swiss specialty bakery company Aryzta has announced a revenue rise of 9.6% to €692.6m ($923m) in the first quarter of 2011, representing an acquisition-related growth of 6.7%.
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29 November 2011
FSA: British-grown oysters contain norovirus
Around 76% of oysters tested from oyster harvesting areas in the UK contain the norovirus, a common viral cause of diarrhoea and vomiting, according to a new study published by...
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28 November 2011
CP Foods to acquire $2.1bn stake in CP Pokphand
Charoen Pokphand Foods (CP Foods), a Thailand-based meat and animal feed company, has agreed to purchase a 74% stake in Hong Kong-based affiliated company CP Pokphand (CPP) for $2.1bn, as...
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28 November 2011
Cherkizovo opens poultry slaughtering facility in Russia
Russian meat producer Cherkizovo has opened a $42.5m slaughtering facility in Penza, Russia, as part of an investment programme with the aim of increasing production capacity.
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27 November 2011
Fonterra plans to double China sales by 2020
New Zealand multinational dairy cooperative Fonterra plans to double its sales in China by 2020, after the melamine-tainted milk scandal in 2008 led to the bankruptcy of its local partner...
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27 November 2011
Chongqing Grain to open soybean complex in Brazil
Chongqing Grain (CGG), China's state-owned grain corporation, plans to invest $500m to establish a soybean complex in Bahia, Brazil.
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27 November 2011
Tiger Brands to invest in overseas acquisitions
Tiger Brands, South Africa's leading food company, plans to invest $470m in overseas acquisitions in 2012, to counterbalance the lack of domestic demand.
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27 November 2011
Varying fat distribution could lower its content in food
Varying the distribution of fat in food products can help lower their fat content, without affecting the sensory properties, according to a new study conducted by Wageningen University and TI...
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24 November 2011
Nestlé to expand coffee factory in England
Swiss food company Nestlé plans to invest £110m ($171.41m) in the expansion of its coffee production factory in Tutbury, central England, UK.