Del Monte Pacific buys US food brands for $1.7 billion
Del Monte Pacific Ltd., the Philippines-based fruit juices company, agreed to buy the consumer foods business of US food maker Del Monte Products Inc. for $1.68bn.
Archives for October 10, 2013
Sunsweet: Prunes are fashionable in Japan but face image problems in US
Prunes hold bakery promise in Japan because they are fashionable and highly regarded for digestive health properties, but there are challenges in the US given the fruit’s image problem, says Sunsweet Ingredients.
Asia Pacific driving global ingredients sales
Phytoestrogens, botanicals, cultures, polysaccharides and proteins are set to be the top five food and beverage ingredients, with the highest forecast growth rates globally.
Hershey adapts China brand Lancaster to US tastes
Hershey has launched Lancaster Soft Caramel Cremes in the US, six months after the company initially introduced the product in China.