Sara Lee to sell bakery units in Spain and Portugal
American consumer goods company Sara Lee has entered into an agreement to sell its fresh bakery businesses in Spain and Portugal to Mexico’s Grupo Bimbo for €115m ($154m) in cash.
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American consumer goods company Sara Lee has entered into an agreement to sell its fresh bakery businesses in Spain and Portugal to Mexico’s Grupo Bimbo for €115m ($154m) in cash.
Canada-based specialty crops processor Alliance Grain Traders intends to invest up to C$50m (US$48.06m) in the construction of a pasta and pulse processing and logistics complex in the Global Transportation...
Chilean sweets manufacturer Dos en Uno, owned by Argentinian food producer Arcor, is to build a new $40m confectionery plant in Chile.
China-based Bright Dairy and Food is planning to raise 1.42bn yuan ($222.17m) through a private placement to upgrade the technology of its new production facility in Minhang district, China, with...
Australian beef exports reached almost 82,000t in September 2011, up 8% year-on-year, according to new data published by the Department of Agriculture, Forestry and Fisheries.
Toyota Tsusho, Malayan Flour Mills and Indonesia's FKS Capital have agreed to invest 5.2bn yen ($66m) to set up a flour mill company in Jakarta, Indonesia.
Canadian Functional Technologies has developed a proprietary yeast strain that could cut the fermentation time of acrylamide, reducing it to undetectable levels within food.
UK food and non-alcoholic drink exports increased to £5.8bn in the first half of 2011, up 13% year-on-year, according to the latest figures released by the Food and Drink Federation...
US-headquartered ADM Cocoa, a producer of cocoa, chocolate and confectionery ingredients, has developed a range of fillings that combine an ‘indulgent taste’ with a shelf-life of between six and nine...
French sugar cooperative Cristal Union has agreed to acquire Vermandoise in a deal valued at nearly €1bn ($1.3bn), which would create France's second largest sugar group.