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Business

The latest news in the world of business, mergers and acquisitions, partnerships, and companies financial results are a mine of information on successful business strategies in the Asia Pacific region.

News in brief

Beingmate launches UHT milk with Enzymotec cognitive boost in China

Chinese infant formula manufacturer Beingmate has launched a phosphatidylserine (PS)-enriched UHT milk developed in cooperation with Enzymotec to support child brain health and development.

News in brief

Mérieux NutriSciences acquires Sino Analytica to boost China presence

Mérieux NutriSciences has reinforced its food safety footprint in China with an acquisition.

News in brief

United Biscuits invests $33m in India operation

UK-based United Biscuits will up its investment in India from £30m ($49m) to £50m ($82m).

News in brief

Tate & Lyle celebrates Winway deal with new Chinese polydextrose plant

Ingredients manufacturer Tate & Lyle has opened a polydextrose dietary fibre manufacturing facility in Nantong after having been granted regulatory approval for its acquisition of Winway Biotechnology Nantong.

NEWS SHORT

Indian government urges PepsiCo to cut soda sugar levels

The Indian government has urged PepsiCo boss Indra Nooyi to cut sugar levels in soft drinks further and launch more healthy and nutritious products.

Arla pours €38m into facility to meet whey demand

Dairy giant Arla's ingredients business is building a new whey processing facility for €38m to meet rising demand for the dairy fraction in infant, sports and clinical nutrition.

Weston Milling and AB Mauri merge in Australia

George Weston Foods’ Weston Milling will merge with AB Mauri Australia/New Zealand to form a large bakery ingredients business across the region.

Huhtamäki Oyj acquires Interpac Packaging for $9m

Huhtamäki Oyj has acquired folded carton packaging manufacturer, Interpac Packaging in Auckland, New Zealand.

Australian milk market share could increase 'north of 10%': a2 Milk Company

The a2 Milk Company believes its share of the Australian fresh milk market could increase “north of 10%” in the next 12 months.

Pernod Ricard hit by Chinese slump

Pernod Ricard says a slump in China, and unfavourable foreign exchange effect, is responsible for an overall 7% fall in sales, as it released its full year 2013/14 results today. 

Fonterra and Beingmate unveil China infant formula partnership

Fonterra is prepared to pay NZ$615m (US$514m, €390m) for a 20% stake in Chinese baby food manufacturer Beingmate in its latest attempt to expand its presence in China’s lucrative infant formula...

India

PepsiCo to double investment in Indian snacks

PepsiCo chairman Indra Nooyi has pledged to double the company’s investment in its Indian food processing operation to add to the sizeable sums it has already spent in the country....

Destination China for Australian hemp

China might be one of the world’s biggest producers of hemp, but the quality of the crop is low compared to Australian imports, according to one of the first hemp...

Focusing on certification means no beef from consumers

Founded in the early ‘Nineties by a group of Australian pastoral families, OBE claims to be the “oldest, biggest and most trustworthy” supplier of organic beef. 

Blog: So you can’t find the right Asian distributor?

One of the more common gripes we hear at FoodNavigator-Asia from international companies looking to sell their products and services in Asia’s vast new market, is the loops they have...

Carob an unexpected hit in Hong Kong

When Michael Jolley left his carob orchard in South Australia to attend his first Asian food industry show in Hong Kong recently, he was amazed by the response of visitors...

Mussels and joints: A homegrown Kiwi advantage

Over half a century ago, Ben Winters Sr arrived in New Zealand from the Netherlands and soon established Aroma NZ, a manufacturer of freeze-dried marine products including green lipped mussels.

Asia takes guts, but Australia’s complementary landscape has your back

With Australia's domestic market maturing, many complementary health companies are seeing the growth that some of the big brands are enjoying in Asia and are keen to ride in on...

Chinese retailer introduces infant formula recall insurance

Chinese retailer Suning Redbaby has reportedly begun offering an infant formula insurance policy that compensates customers in the event of a recall.

Australia

Pacific island organic inspectors leave Australia with new skills

Australia’s oldest organic certification authority last week has completed a training programme that it hopes will help support the fledgling organic sector in developing nations.

Analyst savages Coca-Cola Amatil for ‘really poor company culture’

Merrill Lynch analyst David Errington has savaged Coca-Cola Amatil’s former management – insisting that they ‘compromised the business to meet short-term earnings targets’ in 2013.

Treasury Wine Estates hints at possible US acquisitions

Troubled Australian wine group and takeover target Treasury Wine Estates wants to accelerate its high-value US business and is exploring possible acquisitions or takeovers there.

Vitafoods Asia 2014

Epax keen to discuss the benefits of premium omega 3

Epax, a leading supplier of high-purity, marine-derived, premium grade omega-3 fatty acid concentrates, will exhibit its premium-quality Omega-3 EPA/DHA Core and Ultra ranges of high concentrates in TGN, TG and...

Vitafoods Asia 2014

Probiotic drops, shots and combos from Chr. Hansen

Dietary supplements industry professionals will have the opportunity to discuss current probiotic trends and business opportunities with Chr. Hansen’s probiotic experts.

Vitafoods Asia

Nutri Action eyeing worldwide distributors for Collagen Jelly Stick

Malaysia’s Nutri Action comes to Vitafoods looking for worldwide distributors for its Collagen Jelly Stick.

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