SUBSCRIBE

Breaking News on Food, Beverage & Supplement Development - Asia PacificEU edition | US edition

Headlines > Business

News in brief

Amul Dairy to market milk in US: reports

Gujarat Cooperative Milk Marketing Federation, the Indian manufacturer of Amul brand milk and dairy products, plans to market liquid milk in the US within a year, according to reports.

Biostime eyes China infant formula growth through Changsha Yingke buy

Biostime looks set to acquire Chinese infant formula manufacturer Changsha Yingke Nutrition - a deal it believes will further the success of its French-made ADIMIL milk powder range.

Aker given green light for krill supply in high-potential China market

Aker BioMarine, one of the world’s biggest of krill-derived omega-3 phospholipid products, has achieved New Food Raw Material status for Superba krill in China meaning it can now enter the...

Goodman Fielder sells biscuit business to Green’s Foods

Australian food major Goodman Fielder has announced that it has sold its biscuits business to Green’s Food Holdings, a move in line with its strategy over the last two years...

Japanese food majors to launch new instant noodle brand in India

Two of Japan’s major food makers have reached an agreement to set up instant noodle joint-ventures in India and Nigeria to meet growing demand from these markets.

Hershey to acquire iconic Chinese confectionery firm

Hershey Netherlands B.V. has signed an agreement to acquire an 80% stake in Chinese confectionery and snack firm Shanghai Golden Monkey Food Company (SGM) - and the remaining 20% in 2015.

'We expect consumption in Europe to remain weak'

Natra to increase American and Asian presence by 50% in two years

Natra announced it will open a sales office in Hong Kong this year, as well as its first production site outside Europe, in Canada.

News in brief

Aus and NZ clear Thermo Fisher takeover of Life Tech

Thermo Fisher Scientific's US$13.6bn takeover of Life Technologies has been cleared by the Australian and New Zealand competition commissions after the firm agreed to sell part of its business.

SPX lands $50m Synutra France infant formula plant contract

SPX has landed a contract worth more than $50m (€36m) to kit out Synutra International’s first infant formula manufacturing plant in Europe.

Takeover Panel steps in to bring order to Warrnambool mess

Australia’s Takeover Panel has called the revisions made to the fraught takeover deal by Saputo of Warrnambool Cheese and Butter “confusing” and “disrupting” as it attempted to simplify the heated...

News in brief

Novasep to open new process engineering subsidiary in India

Novasep will expand its presence in India with the opening of a process engineering services division within its biotech business unit.

News in brief

IFF invests in Jakarta manufacturing and creative centre

US-based International Flavors & Fragrances, one of the world’s biggest developers of flavours and fragrances for consumer products, has revealed plans to invest over US$50m in its flavours operations in...

Future Group gains Sunkist, kisses goodbye to Capital Foods

Future Consumer Enterprise, the FMCG division of Kishore Biyani’s Future Group, has been busy this week, announcing it will launch Sunkist in India, and divesting itself of Capital Foods, a...

PepsiCo India finally fills CEO role

D Shivakumar has been named as the new chairman and chief executive of PepsiCo India, a post that has been lying vacant since former incumbent Manu Anand quit the company...

Woolies calls on Aldi to level the playing field

It’s shopping bags at dawn in the latest battle in Australia’s supermarket war, with Woolworths pointedly accusing Aldi of not playing fair and urging the discount retailer to sign the...

Tingyi looking to continue acquisitions spree

Having already formed alliances with PepsiCo, Asahi Group and others over the last three years, China’s Tingyi is looking to further boost its portfolio, according to its chief financial officer....

Dragons' Den firm sells Chinese sauce to China

Dragons’ Den winners Helen and Lisa Tse – the driving force behind Chinese sauce manufacturer and Manchester restaurant Sweet Mandarin – have thanked Prime Minister David Cameron, after he helped...

Hershey launches Jolly Rancher in India

Hershey has chosen India as the first country outside of North America to launch the Jolly Rancher brand.

News in brief

Glass findings prompt General Mills recall

General Mills Australasia has recalled Old El Paso - Hot Chunky Tomato Salsa due to the presence of glass.

GrainCorp loses CEO to Coca-Cola Amatil after Treasury halts ADM move

It was revolving doors today in the Australian food and beverage industry as GrainCorp announced the departure of its chief executive, closely followed by Coca-Cola Amatil broadcasting its own new...

Australian regulator blocks Saputo WCB takeover bid

Canadian dairy giant Saputo has been ordered by the Australian Takeovers Panel not to process any acceptances received under its latest bid for Warrnambool Cheese and Butter (WCB), following a...

Danone WPC dispute talks 'not working out': Fonterra

Fonterra may still face legal action from Danone over the recent whey protein concentrate (WPC) botulism scare, the New Zealand-based dairy cooperative's CEO has admitted.

Australia blocks ADM’s GrainCorp takeover

Australia has blocked Archer Daniel Midland’s (ADM) A$3.4bn ($3.09bn) takeover of GrainCorp, claiming it would not be in the interest of the country.

Nobody any the wiser over Sri Lankan court’s Coca-Cola sales ban

Coca-Cola has slammed official reports in Sri Lanka that production at the island's only bottling plant has been suspended for three months, as have all sales of the beverage on...

News in brief

TNO eyeing S Korean research base

One of Europe's leading food research institutes has signed an MoU with the South Korean government under plans to relocate its research centre to South Korea.

Key Industry Events

Vitafoods Asia 2015

Hong Kong / Conference and exhibition

Read more

Fi Asia

Bangkok / Conference and exhibition

Read more

Food Vision USA 2015

Chicago, IL / Conference

Read more

Access all events listing