Olympus opens dairy facility in Romania
Greek dairy company Olympus has opened its first greenfield dairy facility in Halchiu, Romania, with an investment of €55m ($75.69m), which was fully funded by the company.
Focus:
Greek dairy company Olympus has opened its first greenfield dairy facility in Halchiu, Romania, with an investment of €55m ($75.69m), which was fully funded by the company.
Brazilian food company Brasil Foods is set to divest 'a good part' of its assets to beef producer Marfrig Alimentos to comply with conditions by Brazilian antitrust regulator Cade for...
US private equity investment firm Clayton Dubilier & Rice is in detailed discussions to purchase Irish food company Greencore.
Nestlé India has reported a third quarter profit increase of 19.5% to Rs2.61bn ($52.18m), compared to Rs2.18bn ($43.68m) year-on-year.
The US Department of Agriculture has published the latest Dairy Products report, showing slumps throughout nearly all sectors of US milk production.
US-based dairy company Agro Farma plans to open a $100m manufacturing plant for its yoghurt brand Chobani in Twin Falls, Idaho, US.
China is set to ease import restrictions on food from Japan, which were imposed after the disaster at the Fukushima Daiichi nuclear plant in March this year.
American food and beverage giant PepsiCo is in talks to sell its beverage unit in China to local instant noodle and drinks manufacturer Tingyi Holdings.
Australian beef exports for the month of October increased 14% year-on-year, according to data released by the Department of Agriculture Forestry and Fisheries.
American food and beverage company PepsiCo plans to buy Grupo Mabel, a Brazil-based cookie and cracker maker, as a part of its strategy to expand into emerging markets.