Acquisition furthers shared goals of establishing a global plant-based food platform delivering better health around the world.Otsuka Pharmaceuticals Co. Ltd., which offers brands such as Nature Made vitamins and Soyjoy nutrition bars and operates worldwide including countries like the United States...
After the deal, Refresco will be the world’s largest independent bottler for retailers and A-brands in Europe and North America with a combined production volume of approximately 12 billion liters.A leading independent Netherlands-based bottler of soft drinks and fruit juices, Refresco, has acquir...
Going forward, Ajinomoto Co will further strengthen its consumer foods business in Europe and accelerate growth. Ajinomoto Co, Inc has acquired the French frozen food company Labeyrie Traiteur Surgelés S A S (LTS) through its consolidated subsidiary, Ajinomoto Foods Europe S A S (AFE), which ...
The acquisition, the largest in Starbuck’s history, will build on the company’s ongoing investments in the countryStarbucks will acquire the outstanding 50 per cent of its joint venture in China for $1.3 billion, as part of its commitment to growing its business in the region.
The coffee chain ...
It will serve some of Agrana’s highest-profile customers, including Danone, Mengniu, Bright Dairy, and Unilever.Austrian fruit ingredients producer Agrana will invest almost €22 million in a new manufacturing facility in eastern China.
The site – at a high-tech industry park in the cit...
With the deal, McCormick expects to achieve "meaningful accretion" to margins and adjusted earnings per share, excluding transaction and integration costs. It expects cost synergies of about $50 million, most of which by 2020.McCormick & Co said it would buy the food business of British con...
The Company is a manufacturer of shelf-stable, high-protein, gluten-free, naturally lactose-free, baked cheese snack made with organic quinoa and no artificial preservatives and has also launched Parmesan Crisps, Cheddar Crisps and Bacon Cheddar Crisps, with real bacon and no added nitrates or nitri...
Lactalis is a global dairy company with total sales of €17 billion ($19.3 billion). Cheese manufacturing is the company’s largest market and makes up 34% of sales. Yogurt and chilled dairy make up 12% of sales. The Lactalis Group has entered into an agreement to acquire the organic yogurt maker ...
The move will keep 125 jobs at the facility.According to media reports, Upstate Niagara Cooperative, a farmer-owned cooperative of 360 dairy farms throughout western New York, has agreed to acquire the Campbell cheese plant of The Kraft Heinz Co.
“We’re thrilled to announce that Upstate...
The combined companies will operate 24 distribution centers supplying customers in 46 states and serve a customer base of over 3,000 stores.In a transaction valued at $375 million, Supervalu has completed its acquisition of Unified Grocers, Inc. In addition to the 100% cash transaction of $114 milli...
Bright Greens offers frozen smoothie cubes in four flavors. Consumers do not need blenders for this. They simply add hot water to the frozen cubes and shake. US frozen smoothie start-up Bright Greens has raised $2 million in seed funding led by eighteen94 capital, the venture capital fund of the Kel...
The $13.7 billion deal marks the push into grocery market by Amazon.Amazon, the world’s most powerful online retailer, will acquire Whole Foods Market Inc. for $13.7 billion, a deal which catapults the e-commerce giant into hundreds of physical stores and fulfills a long-held goal of selling m...
The milk will be supplied to five breast banks in neonatal wards across Australia.NeoLacta Lifesciences was granted permission to start selling breast milk to Australians, last year. The milk will be given to the five breast milk banks in Western Australia, New South Wales, Victoria and Queensland f...
Rao’s Specialty Foods is the second acquisition in less than six months for Sovos, which seeks to acquire and build value in one-of-a-kind food and beverage brands.Sovos Brands, a new food and beverage company formed by Advent International has agreed to acquire Rao’s Specialty Foods, Inc. T...
The acquisition is comprised of key patents, technical know-how, and a small number of staff based in MelbourneAustralia based biotech firm Starpharma Holdings has recently sold its agro-chemicals unit to Agrium which deals with farm products. The transaction is valued at $26.4 million.
Starpharma ...
The Company has signed expansion agreements with Drake QSR AG (Drake), for the brand BETTER INGREDIENTS. BETTER PIZZA. Papa John’s International Inc., the world’s third largest pizza delivery company has announced to continue its global expansion with plans to open additional restaurants...
The expansion will bring 100 new jobs to the location, bringing the distribution workforce to nearly 350. Starbucks operations in Carson Valley plans to expand over the next year with the addition of 700,000 square feet distribution portion to Carson valley roasting plant and distribution center in...
According to sources, the number of food and beverage outlets at NUS has increased by close to 50 per cent over the last decade. It will have 66 stalls across all five canteens by the year end, five food courts, and 41 restaurants, cafes and kiosks.As more students stay on campus to socialize, study...
