Focus:
Finnish food company Fazer Group is planning to shut its xylitol pastilles and chewing gum manufacturing facility in Karkkila and move production to its other facility in Lappeenranta.
US-based Landec has entered a definitive agreement to divest its Hanover manufacturing facility and related assets for $8.7m to an undisclosed buyer.
Greek yoghurt bar manufacturer Clio Snacks has secured $8m in a Series C funding round after registering a year-on-year growth of more than 100%.
Japanese beverages company Kirin Holdings and China Mengniu Dairy have terminated the deal which included the acquisition of Lion-Dairy and Drinks by the Chinese firm.
Chinese food tech company Starfield Food Science & Technology has completed its Series A funding round, bringing its total funding to more than $10m.
US-based stevia sweetener producer Sweegen has entered a joint venture (JV) with China Commercial Foreign Trade Group (CCFT) to distribute its products in China.
Ingredients provider ADM has completed the divesture of secondary block trade of shares in its Singapore-based Wilmar joint venture for approximately $550m.
Saudi Arabia-based corporation Savola Foods has selected consulting firm ProV International to automate its business processes.
United Sports Brands, a US-based manufacturer of sports performance and protective products, has announced the acquisition of energy supplement maker Glukos Energy.
The Australian Government may block China Mengniu Dairy’s acquisition of Lion Dairy & Drinks, due to ‘diplomatic issues’.
