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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.

Deal paves the way for Fonterra’s new China “hub”

Fonterra has announced concrete plans to step up milk production in China after the New Zealand dairy giant signed an investment agreement to develop two more large farms in Hebei...

Chinese authorities approve Nestlé’s Pfizer Nutrition acquisition

Nestlé's $11.85bn (€9bn) acquisition of Pfizer Nutrition has been given the go-ahead by anti-trust authorities in China – taking the “strategic” takeover a step closer to completion.

Weetabix China: Challenges to a Bright future

Bright Food closed its purchase of Weetabix today, but one analyst has reiterated the challenge it will face driving the iconic cereal brand in China.

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Watchdog pokes fun at Toblerone’s labelling

Claims on a Toblerone label have met with the wrath of Australia’s consumer watchdog, Choice, to the point that the chocolate bar is the only food to make it into...

Chinese farm agreement will complete dairy ‘hub’ - Fonterra

Fonterra has signed an investment agreement with Chinese authorities to develop two more large-scale dairy farms – the latest step in the firm’s strategy to build a sustainable fresh local...

News in brief

Huaxia Dairy Farm receives US50m injection

Reuters has reported that Asia buyout firm Olympus Capital is leading an investor group that has injected US$50m to expand China's Huaxia Dairy Farm, which produces the raw milk that...

Premier agrees sale of pickles and sauces business to Mizkan Group

Premier Foods has announced the £92.5 sale of its sweet pickles and table sauces business to Japanese firm Mizkan Group in a move that puts the firm past its target...

Sealed Air sells Diversey Japan for $377m

Sealed Air has sold Diversey Japan to The Carlyle Group for ¥30bn (US$377m) to focus on higher growth markets.

Hershey eyes China for new Asia plant

China tops the list of countries for Hershey’s new manufacturing facility in Asia, according to the company’s CEO.

Nestlé invests $17m in medical nutrition down under

The world’s biggest food player, Nestlé, is investing A$17m (€13.6m) to renovate an Australian facility so it can produce medical foods for its Health Science division.

PepsiCo and Suntory unite to crack Vietnam’s beverage market

Beverage major PepsiCo has taken a major step towards cracking the growing Vietnam market by signing a strategic agreement with Japanese beverage and wellness player Suntory.

News in brief

Mondelez appoints Asia specialist to board

Kraft Foods global snacks spin-off Mondelez International has appointed Patrick T. Siewert to its Board of Directors to increase its knowledge of the emerging Asian market.

Standards firm opens lab to tap into India's ‘food safety revolution’

TÜV India, a subsidiary of the German TÜV Nord, has opened the doors to a new laboratory that will test agricultural and processed food materials in Pune.

Asian krill boom drives krill joint venture

Australian, Japanese, South Korean, Taiwanese and other Asian consumers are driving rising demand in omega-3 source krill to levels that have prompted Norwegian krill supplier, Rimfrost, to ink a production-boosting...

ADM gears up for $2.8bn takeover of GrainCorp

Archer Daniels Midland is in talks with Australian commodity giant GrainCorp after putting forward an offer just shy of US$2.8bn (A$2.7bn) for a cash takeover.

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NZ gets lactose-free fresh cow’s milk

Lactose-intolerant New Zealanders are now able to consume fresh cow’s milk for the first time with the launch of a new product on the market.

ADM buys stake in Australian commodity giant GrainCorp

Archer Daniels Midland has snapped up a share of Australian bulk grains firm GrainCorp and has requested further discussions for a ‘potential transaction’.

Nestlé backs China, greater focus on R&D

To a backdrop of its slowing growth in the region, Nestlé has revealed that it will double the number of its research and development units in China. The announcement came...

LycoRed gets local knowhow for Chinese market

Further intensifying its efforts to crack the Chinese market, an Israel-based global premix supplier has inked a distribution agreement to ease into the local food manufacturing space.

News in brief

Yinlu Foods ready for $1/2bn expansion

Chinese foodmaker Yinlu Foods Group has announced plans to spend almost half a billion dollars in the construction of two new factories. The investment will serve to increase capacity by...

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BioGaia to launch in Pakistan next year

BioGaia has signed an agreement with Ferozsons Laboratories for the exclusive rights to sell probiotic drops and tablets in Pakistan. The products will be sold under the BioGaia brand and...

Morinaga’s Japanese Pringles take-over must push US flavours

Japanese food major Morinaga who secured the sales rights for Pringles in Japan should tap into the imports trend and push original US flavours on the market, not Japanese imitations,...

Icing on Vietnamese cake for Belgian confectionery joint-venture

Two Belgian confectionary majors have announced a significant joint-venture that sets out to expand their combined presence and supply-chain in Vietnam and transform them into a regional 'powerhouse'.

Probiotics on a charge in Asia, but players must get organised

With predicted growth of 15 to 20% imminent, probiotics in China and South Asia are destined for big things. But, according to Russell Ward, research director of food analyst Giract,...

Firm eyeing India’s 'first scientific weight loss programme'

An Australian natural nutrition company has announced plans to invest INR100cr in an Indian manufacturing and sales operation to provide, it claims, the country's only scientific weight loss programme.

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