Focus:
The Chinese Government has cleared Nestlé’s bid to acquire a majority stake in Singapore-listed confectionery manufacturer Hsu Fu Chi for $1.7bn, following the completion of an anti-monopoly review.
US-based investment firm Leucadia National has entered into an agreement to acquire a 79% stake in US beef processing company National Beef in a deal worth $867.9m.
American snack food company Kraft Foods, which acquired British confectionery giant Cadbury in January 2010, plans to invest £50m ($78m) in boosting biscuit and chocolate production in the UK, as...
US-based packaged foods company ConAgra Foods has announced the acquisition of National Pretzel Company from Brookstone for an undisclosed amount.
American consumer goods company Sara Lee has completed the sale of its fresh bakery business in Spain and Portugal to Mexico’s Grupo Bimbo for €115m ($155m).
The EU is planning to restrict the sale and import of meat derived from cloned animals - a major setback for beef-producing countries such as Brazil, Australia, Argentina and the...
Olam International, a Singapore-based supply chain manager and processor of agricultural products and food ingredients, plans to invest $50m in the expansion of the wheat milling capacity at its Crown...
Russian meat producer Cherkizovo has reported an increase of 18% to $42.6m in its third-quarter net profit, compared to $35.9m year-on-year, aided by a recent acquisition and an increase in...
American agribusiness company Cargill has completed the sale of its global flavours business to Kerry, an Irish food ingredients and flavours group, in a deal worth $230m.
UK-based Randox Food Diagnostics has launched the Anthelmintics testing platform EV3770, which detects residues of Anthelmintic drugs in animals and helps ensure they are not passed into the human food...
