Business

Kellogg breaks ground on Malaysian halal manufacturing facility

Kellogg breaks ground on Malaysian halal manufacturing facility

By RJ Whitehead

US cereal major Kellogg is building a new, RM425m (US$130m) halal snacks manufacturing facility in Malaysia, having chosen the Southeast Asian nation site as part of a recently announced four-year efficiency and effectiveness programme. 

Asia dominates world beer label demand

Asia dominates world beer label demand

By Ben BOUCKLEY

Asia dominates the world market for beer labels but the market is still dominated by old-style wet glue applied labels, but pressure-sensitive labels continue to make inroads in North America.

Danone to sue Fonterra over WPC botulism recalls

Danone to sue Fonterra over WPC botulism recalls

By Mark ASTLEY

Danone has terminated its existing supply contract with Fonterra and plans to sue the dairy exporter over the whey protein concentrate (WPC) Clostridium botulinum contamination scare that led to product recalls across Asia, Australasia and the Middle...

Mumbai docks, where UK food manufacturers' products have been held

India’s new law could cost the UK millions

By Rod Addy

UK food and drink manufacturers could lose millions of pounds as exports to India languish at Mumbai docks after authorities blocked shipments following sudden regulatory changes.

Amul Dairy to market milk in US: reports

Amul Dairy to market milk in US: reports

By Mark ASTLEY

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.

Goodman Fielder sells biscuit business to Green’s Foods

Goodman Fielder sells biscuit business to Green’s Foods

By Ankush Chibber

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 to streamline its product portfolio.

Hershey said the deal would bring new distribution channels for its products

Hershey to acquire iconic Chinese confectionery firm

By Caroline SCOTT-THOMAS

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.

Thermo Fisher Scientific and Life Tech deal cleared

Aus and NZ clear Thermo Fisher takeover of Life Tech

By Joseph James Whitworth

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.

Takeover Panel steps in to bring order to Warrnambool mess

Takeover Panel steps in to bring order to Warrnambool mess

By RJ Whitehead

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 three-way bidding war for the Australian dairy manufacturer.

Future Group gains Sunkist, kisses goodbye to Capital Foods

Future Group gains Sunkist, kisses goodbye to Capital Foods

By RJ Whitehead

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 major private-label brand.

PepsiCo India finally fills CEO role

PepsiCo India finally fills CEO role

By RJ Whitehead

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 in June to join Cadbury Kraft.

Woolies calls on Aldi to level the playing field

Woolies calls on Aldi to level the playing field

By RJ Whitehead

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 same voluntary code of conduct it and Coles had signed last month.

Tingyi looking to continue acquisitions spree

Tingyi looking to continue acquisitions spree

By RJ Whitehead

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.

Helen and Lisa Tse: proud of their £6M achievement in selling Chinese sauces to China

Dragons' Den firm sells Chinese sauce to China

By Michael Stones

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 them win an export deal with China worth £6M over the next...

Australian regulator blocks Saputo WCB takeover bid

Australian regulator blocks Saputo WCB takeover bid

By Mark ASTLEY

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 complaint by rival bidder, Murray Goulburn. 

Australia's Federal Treasurer Joe Hockey said the acquisition is not in the interest of the country at this time

Australia blocks ADM’s GrainCorp takeover

By Kacey Culliney

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.

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