Food & Beverages
Maple Leaf Foods Inc., leading Ontario-based consumer packaged meat producer, has announced that it would be shutting down its Brampton poultry plant as well as other two plants in Ontario locations for consolidating its operations in London, Ont. Apparently, Maple Leaf Foods had issued a …
Food & Beverages
Danish beverage maker Co-Ro has reportedly purchased majority shares of Golden Creation Trade (JKD), a Chinese distributing firm, in a bid to support its expansion plans in the region. As per trusted sources, with this move, the company is aiming to generate a growth rate …
Food Processing & Equipment
Irish multinational nutrition firm, Glanbia plc has reportedly began construction of a $555 million dairy processing plant in central Michigan, corroborating its prior announced plans to build a cheese plant in St. Johns industrial park. As per sources, the dairy processing plant, that will have …
Tiger Brands Ltd, a packaged goods company headquartered in Johannesburg, South Africa, has reportedly announced that it would spin-off the stake it holds in a renowned South African fishing firm, Oceana Group. The company, which is currently recovering from a well-documented case of food contamination, …
Feed & Nutrition
Medtronic PLC, a medical technology behemoth, and Nutrino Health Ltd., a nutrition-related data services, analytics, and technologies provider, have recently made it to the headlines for having signed on a definitive contract. Under the supposed agreement, Nutrino has been touted to be acquired by Medtronic. …
Food Processing & Equipment
JD Finance, the financial arm of Chinese e-commerce giant JD.com, has reportedly launched its stockbreeding intelligent solution to assist the nation’s farmers raise better animals at lower expenses. As per trusted sources, the new solution is a package of digital tools such as the internet …
Food Processing & Equipment
Leading food-tech company Terramera has recently announced that its unique, broad-spectrum agricultural fungal disease, insect and mite control product RANGO™ has received approval by the United States Environmental Protection Agency. As per trusted sources, the plant-based pest control product has been launched commercially on November …
Food & Beverages
Joyvio Group, the food service company from China, has reportedly agreed to buy Australis Seafoods, a seafood producer based in Chile. Joyvio, which is a wholly-owned subsidiary of Legend Holdings, will be paying US$880 million for the seafood company, informed sources familiar with the matter. …
Food & Beverages
One of the leading food & beverage industry behemoth, Nestle, is reportedly in conflict with the Anglo-Dutch consumer giant Unilever for GlaxoSmithKline’s consumer nutrition business in India. According to the latest reports by The Economic Times, Nestle is leading the race with more aggressive offer, …