ThaiBev said today that its concert party aims to takeover Fraser & Neave (F&N) in a S$9bn deal, as rumors abound that the former’s billionaire chair still craves control of Asia Pacific Breweries (APB).
A growing number of investors are eyeing New Zealand’s nascent spirits industry, with many small and medium-sized firms jostling to replicate the successes of the country’s wine growers, a new report has revealed.
Ingredient makers have been finding increasing opportunities in India’s bakery market, with consumers’ changing lifestyles driving the recent phase of growth.
Few individuals have had as much impact on a produce industry as Dr Verghese Kurien, who passed away in Gujarat last weekend. In a career spanning almost 60 years, Kurien transformed the way India's dairy industry operates and led Amul to become...
In the wake of China’s recent spate of food safety scandals, a major new survey has found that its consumers are increasingly worrying about what they eat.
The Hershey Company has agreed a deal to buy Godrej Industries 49% stake in the two companies’ Indian joint venture and has announced plans to set up its own subsidiary: Hershey India
Dairy exporter Fonterra has been cleared to acquire the processing assets of New Zealand Dairies Limited’s (NZDL) by the New Zealand Commerce Commission.
Fraser & Neave (F&N) announced today that shareholders will vote on the firm's proposed sale of its interest in Asia Pacific Breweries (APB) to Heineken on September 28, and hailed the offer as its 'best opportunity' to realize...
Carlton & United Breweries (CUB) CEO Ari Mervis admits the SAB Miller subsidiary was wrong to change the recipe for Victoria Bitter (VB), but is changing the Aussie beer back to its original recipe.
Struggling food firm Goodman Fielder will add further factories to its string of closures as it desperately tries to slash costs and consolidate business.
A multi-million dollar Australian pet food firm has snapped up troubled confectioner Darrell Lea for an undisclosed sum as it plans to delve into a new market area.
