24 August 2020
ADM divests stake worth $550m in Wilmar JV
Ingredients provider ADM has completed the divesture of secondary block trade of shares in its Singapore-based Wilmar joint venture for approximately $550m.
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24 August 2020
AFFI and NC State study finds coronavirus not transmitted by food
Researchers from North Carolina State University (NC State) and the American Frozen Food Institute (AFFI) have confirmed that there is no evidence that the SARS-CoV-2, the virus that causes Covid-19,...
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24 August 2020
Savola Foods to automate business processes with ProV International
Saudi Arabia-based corporation Savola Foods has selected consulting firm ProV International to automate its business processes.
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21 August 2020
COVID-19: Poll finds business sentiment is improving
The COVID-19 pandemic has cast doubts on the future prospects of businesses as customers remain wary of spending amid uncertainty. Verdict has been running a poll to assess the business...
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21 August 2020
United Sports Brands acquires energy supplement maker Glukos Energy
United Sports Brands, a US-based manufacturer of sports performance and protective products, has announced the acquisition of energy supplement maker Glukos Energy.
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21 August 2020
Australia may block China Mengniu Dairy’s Lion Dairy & Drinks acquisition
The Australian Government may block China Mengniu Dairy’s acquisition of Lion Dairy & Drinks, due to ‘diplomatic issues’.
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21 August 2020
Nestlé forays into plant-based seafood alternatives segment
Swiss multinational food and drink processing conglomerate Nestlé has entered the plant-based seafood alternatives market with the launch of a plant-based alternative to tuna.
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20 August 2020
Pladis becomes member of MSDUK to bring diversity in supply chain
British confectionery and snack foods company pladis has joined MSDUK to ensure greater diversity in its supply chain.
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20 August 2020
Ardent Mills announces investments in retail capabilities
US-based flour-milling and ingredient company Ardent Mills has announced plans to invest in its retail investments in an effort to increase and streamline its retail flour packaging capabilities.
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20 August 2020
Cloetta to close nuts manufacturing facility in Sweden
Swedish confectioner Cloetta has announced plans to close its nuts production facility in Helsingborg and outsource the manufacturing process to a third party.