Focus:
Nestlé and Danone have submitted their first round bids for Pfizer's baby formula division, putting two leading European food companies in competition for the unit, which is present in more...
Swiss manufacturer of high-quality cocoa and chocolate products Barry Callebaut has signed an agreement to acquire privately owned Spanish nut company La Morella Nuts for an undisclosed amount.
French private equity firm PAI Partners has agreed to sell its remaining 25.66% stake in Danish food ingredients company Chr Hansen to Novo for €560m ($715.56m).
Gum derived from garden cress seed could replace hydrocolloid as a thickener in food formulations, according to a new study conducted by Food Hydrocolloids Research Centre at the Ferdowsi University...
US agribusiness company Cargill has suffered its worst quarter since 2001, posting a slump of 88% to $100m in Q2 2011 net earnings, compared with $832m year-on-year, due to volatility...
Toshi, a South East Asian restaurant in Dubai, has launched two new special offers - on Wednesdays, it would host a pool-side BBQ and guests can avail a free-flowing bubbly...
Soft drinks giant Coca-Cola and Swiss food and beverage company Nestlé have agreed to end their ready-to-drink tea partnership Beverage Partners Worldwide (BPW) in several countries, including the US, to...
UK-based Premier Foods is planning to sell its £200m Hartley's jams and Haywards pickles units as part of its strategy to lower debts and avoid a breach of its credit...
Cereal Partners Worldwide, a 50:50 joint venture between Nestlé and General Mills, has opened a TRY85m ($45.12m) breakfast cereal factory in Karacabey, western Turkey.
India-based AgroTech Foods plans to invest Rs1bn ($18.52m) in the expansion of its production capacity and launch new high-margin products over the next two to three years - just two...
