25 July 2019
KKR to buy Campbell Soup’s Australian unit Arnott’s for $2.2bn
American private equity firm KKR has agreed to acquire Campbell Soup’s Australian business Arnott's in a deal reportedly valued at $2.2bn.
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25 July 2019
Turkish confectioner Tören Gıda receives investment from EBRD and TSKB
The European Bank for Reconstruction and Development (EBRD) and Turkiye Sinai Kalkinma Bankasi (TSKB) have agreed to provide a $1m loan to Turkish confectionary maker Tören Gıda.
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24 July 2019
Barry Callebaut breaks ground on new chocolate factory in India
Swiss chocolate and cocoa products company Barry Callebaut has broken ground at the site of its new chocolate and compound manufacturing facility in Baramati, India.
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24 July 2019
Müller completes £50m yoghurt manufacturing facility in Telford
German dairy products producer Müller has completed its £50m ($62.2m) expansion project to build a chilled yoghurt manufacturing facility in Telford, UK.
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23 July 2019
Mars names six food start-ups for SEEDS of CHANGE programme
Mars has finalised six food start-up companies, which will be part of its Inaugural SEEDS of CHANGE Accelerator Programme.
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22 July 2019
China’s Yili Group to enter Southeast Asian market
Chinese dairy firm Yili Group has revealed plans to make significant investments to enter the Southeast Asian dairy market this year.
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22 July 2019
McCain to invest $100m in Brazilian french fry factory
McCain Foods has announced plans to invest $100m in its first french fry factory in Brazil to strengthen its expansion strategy.
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22 July 2019
Tajín partners with Tyson and Hillshire Farm brands in US
Mexico-based fruit seasoning producer Tajín International has partnered with American food brands Tyson and Hillshire Farm.
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19 July 2019
PepsiCo to acquire South Africa’s Pioneer Foods in $1.7bn deal
PepsiCo has agreed to acquire all outstanding shares of South African food and beverage producer Pioneer Foods Group in a deal valued at $1.7bn.
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18 July 2019
Addo Food set to shut Spalding bakery next year
UK-based Addo Food Group is planning to close its Spalding bakery by next year to make the business profitable.