Industry growth

Organic growth through well-laid plans in Karnataka

State of the industry

Organic growth through well-laid plans in Karnataka

By RJ Whitehead

Earlier this month a small story made its way into the Times of India—the country’s biggest-selling newspaper—to announce the opening of a shop that sells only organic products. For the rest of the world, this might be humdrum, but for India the event...

Groceries will thrive even with FDI

Groceries will thrive even with FDI

By RJ Whitehead

According to a new study in India, 800,000 people are employed directly by organised retail in India, and even without FDI, this number would grow to 2m by 2016—and double that when indirect employment is considered.

Fortitech: Sold to DSM for €495m. Don't expect more of these kinds of buys from DSM in the near future

DSM buys Fortitech for €495m; “We are done for awhile”

By Shane Starling

Rampant nutrition business acquirer, Royal DSM, has splashed the cash for the ninth time in two years – this time to the tune of €495m ($634m) on US-based multinational nutrient blending giant, Fortitech (€212m/$270m annual turnover).

Q3 wrap: Nutrition stars for DSM and Naturex

Q3 wrap: Nutrition stars for DSM and Naturex

By Shane Starling

Royal DSM saw Q3 sales slip 7% to €2.3bn across all divisions with polymer intermediates performing worst, but as has been the case in recent quarters, the Dutch firm’s nutrition cluster held firm with 1% organic growth in difficult economic times.

Asian krill boom drives krill joint venture

Asian krill boom drives krill joint venture

By Shane Starling

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 joint venture.

ADM set to snap up Australia's largest independent grains firm?

ADM gears up for $2.8bn takeover of GrainCorp

By Kacey Culliney

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.

Nestlé backs China, greater focus on R&D

Nestlé backs China, greater focus on R&D

By RJ Whitehead

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 at the company’s first ever China-centric earnings call from Shanghai.

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