Food & Beverages
Astron Connect Inc., an online e-commerce company headquartered in Canada, has reportedly signed a MoU (Memorandum of Understanding) with the China-based influential beverage supplier Junding Industrial Co. at the inaugural CIIE (China International Import Expo) in Shanghai. The agreement is valued at around US$3 million, …
Food & Beverages
The company is also bringing back Chocolate Toast Crunch on popular demand. General Mills, the American multinational food product manufacturer, recently announced that they will be introducing their Cinnamon Toast Crunch Churros cereal as the country is preparing to embark on the 2018 holiday season. …
Food & Beverages
Reports confirm that Sulu, a province of the Philippines, is now being considered to be an investor-attractive zone since it has welcomed its first outside investment, that was registered with the Autonomous Region in Muslim Mindanao’s (ARMM’s) Regional Bureau of Investors (RBOI). The RBOI stated …
Food Processing & Equipment
Lulu Group, Abu Dhabi’s renowned hypermarket chain has recently made it to the headlines for unveiling plans to launch a food processing and cold storage facility in Abu Dhabi’s one of the largest food zone ZonesCorp (ADFZ – Abu Dhabi Food Zone). The announcement was …
Food & Beverages
Minneapolis-based renowned food delivery company, Bite Squad – who has been on a buying spree for past two years – was reportedly acquired by the wealthiest restaurateurs Tilman Fertitta in a USD 321 million deal. This has been marked as one of the biggest tech …
Food & Beverages
McDonald’s, the top fast-food chain, has reportedly announced that it will no more use antibiotic drugs in its beef supplies. The move reportedly addresses the concerns of overuse or misue of antibotics that may lessen the drugs effectiveness in treating humand diseases. The restaurant chain …
Food & Beverages
In a bid to create a retail landscape, the London-based online food delivery company Deliveroo, has reportedly introduced its very first brick-and-mortar restaurant in Hong Kong. The 2 billion-dollar start-up plans global extension of the concept, subject to positive public response. Sources familiar with the …
Food & Beverages
Licious, a subsidiary of India-based processed seafood & meat brand Delightful Gourmet Pvt. Ltd., has recently made it to the headlines for raising 25 million dollars in a Series-D round that was led by Nichirei Corp., the top poultry processing company in Japan. The Bengaluru-based …
Food & Beverages
3-D Meats LLC in Dalton, Ohio, has reportedly recalled around 47 pounds of RTE (ready-to-eat) beef stick products because of being misbranded and containing of undeclared allergens. As reported by the U.S. Department of Agriculture’s FSIS (Food Safety and Inspection Service) these RTE beef snacks …