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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.

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Manjushree Technopack sets out growth plans

Packaging firm Manjushree Technopack aims to double sales by 2015, driven by the growth of the middle class in India, and is poised to start construction on a fourth factory.

AFGC slams Coles' ‘Trojan horse’ tactic of own label discounting

The Australian Food and Grocery Council (AFGC) has slammed a move by one of the country’s major supermarket chains to heavily discount its private label products, accusing it of deploying...

INDUSTRY VOICES: HEAD OF AKTIEFOKUS CHINA, JACOB DE LICHTENBERG

Tsingtao tightens grip on central Shaanxi as AB InBev lurks

Chinese beer giant Tsingtao Brewery is set to further consolidate its leading market position in Shaanxi by significantly expanding capacity with two new breweries, while AB InBev is also rumoured...

Heineken strongly denies whispers of APB unrest and ‘stifled creativity’

Heineken strongly denies to BeverageDaily.com that the resignation of several high-profile managers from its recent $6.53bn acquisition Asia Pacific Breweries (APB) attests to unrest at the Singapore-based firm.

Almendra promises to shake up stevia market with purity levels ‘unmatched in the marketplace’

A new player in the stevia supply market promising purity levels “unmatched in the market place” says it will be in a position to start supplying commercial quantities of extracts...

Cargill bets big on Indian processing operation

US agriculture giant Cargill aims to invest Rs50 crore (over US$91m) towards food processing across its Indian operation over the next two years. This figure also includes a US$73m corn...

Japanese majors step up focus on Thai food business

After a decade of rising profits on the back of Chinese demand for coal and iron ore, Japan's two biggest biggest trading companies are shifting focus to food as bulk...

5-minute festive flick

Happy holidays from William Reed Business Media!

The working year is almost done, time to pause from ‘the business’ and embrace the festive season…go on, give it a big hug. Happy holidays!

Big plans for Chinese berry in Australia

New varieties of the Chinese red bayberry fruit are nearing production after successful trials were held by growers, while a deal to market the produce is in the offing. 

Coca-Cola FEMSA buys Coke’s Philippines bottling operation for $688.5m

Coca-Cola FEMSA has sealed a deal to acquire a majority stake in the Coca-Cola Company’s Philippines bottling operation in Mexico City, and hailed an import milestone in its history.

ANALYST INSIGHT

Suntory UK focus after $6bn IPO could see it snaffle Barr Britvic: Analyst

With rumors swirling that Japanese giant Suntory is considering a $6bn IPO next year, one analyst reasons that any desire to enter the UK market could see it target Barr...

ADM gets second takeover rejection from GrainCorp

GrainCorp has snuffed Archer Daniels Midland's (ADM) second, higher takeover bid saying that it still “materially undervalues” the business.

News in brief

Suntory plans share sale to fund M&A drive?

Multinational Suntory Holdings plans to sell shares in its non-alcoholic drinks business to fund a mergers and acquisitions (M&A) drive, according to unnamed sources cited by Bloomberg.

Coca-Cola Amatil brews cider first as Swedish hit Rekorderlig joins 2014 portfolio

Coca-Cola Amatil (CCA) has signed a deal to distribute Swedish cider Rekorderlig in Australia from January 2014, and said its sales and distribution strength would help consolidate the brand’s market-leading...

INDUSTRY VOICES: HEAD OF AKTIEFOKUS CHINA, JACOB DE LICHTENBERG

Carlsberg signals Chinese strategy shift and 'Top 3' ambition

For Chinese beer market followers, one of the most interesting developments over the last fortnight was Danish brewer Carlsberg’s announced strategy shift and expressed desire to acquire one of the...

Palsgaard backing Asian confidence with increased investment

The chief executive of Danish chocolate and extruded whipping cake emulsifiers major Palsgaard has outlined the reasons behind the company's recent significant investment in the Asia-Pacific region.

Dole sale nears completion, president moves to Itochu

It seems like the sale of Dole's worldwide packaged foods and Asia fresh business to Itochu is almost complete, following an announcement that the American fruit major's president will be...

News in brief

Goodman Fielder offloads NZ flour milling business to Japanese firm

Australian food giant Goodman Fielder will offload its New Zealand flour milling business to Japanese firm Nisshin as part of its wider strategy to recover from struggling finances.

News in brief

Yakult to build second Yongshe plant

Yakult Honsha’s love affair with Yonghe is set to continue with the announcement of a second plant to be built in the economic zone in Guangzhou Province, China. The factory,...

Hope for Rosella but industry in trouble

Despite positive news that the ailing company behind Rosella is likely to continue trading while a buyer is sought, Australia’s leading food production lobby has issued a stark warning that...

News in brief

Chobani plans Asian charge with new Australian factory

Chobani has opened new A$30m factory on the outskirts of Melbourne that will act as the company's hub for expansion across Asia.

Sunwin Stevia pours cash into production

Sunwin Stevia International has invested heavily in production capacity to support declared growth plans in China.

GrainCorp will review ADM’s second, higher $2.9bn takeover bid

Australian bulk grains specialist GrainCorp will review Archer Daniel Midland’s revised takeover bid after initially rejecting its first offer.

News in brief

Rexam boosts Indian beverage can output to 950m

Rexam has opened a new aluminium line in India costing circa. 30m that increases the plants capacity to around 950m cans per year, and said the investment fitted its strategy...

Krill wars

Neptune and Aker facing off in court yet again

Australia is the site of the latest battle between Neptune and Aker Biomarine. In addition to patent strife between the two krill majors in American courts, Canadian Neptune has now...

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