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Heinz New Zealand will acquire the food, sauces and instant coffee business of Cerebos Pacific Limited from Suntory. ©GettyImages

Heinz seeks clearance to acquire Cerebos in New Zealand

By Lester Wan

Heinz New Zealand is seeking clearance from the Commerce Commission to acquire the food, sauces and instant coffee business of Cerebos Pacific Limited from Suntory-owned subsidiary Cerebos Gregg’s.

LT Foods JV to ‘create’ rice-based snacks category

India

LT Foods JV to ‘create’ rice-based snacks

By RJ Whitehead

Basmati rice manufacturer LT Foods will launch premium rice-based snacks through a joint venture with Kameda Seika of Japan, under the brand name Kari Kari.

Mars acquires Tasty Bite’s American parent

India

Mars acquires Tasty Bite’s American parent

By RJ Whitehead

Mars Foods will buy the American-based owner of Tasty Bite Foodservice (TFS), a manufacturer of all-natural, ready-to-heat Indian and Asian food products, for an undisclosed price.

Euromonitor: “Eating habits have become somewhat more westernised, especially with more young women entering the workforce and the need for fast cooking solutions.

Saudi Arabia warms to microwave food

By Eliot Beer

Saudi Arabia's younger consumers and working women are driving a gradual shift towards microwaveable meals, but wider change will be slow to come, according to research firm Euromonitor.

The Chinese green dates market grew 25% between 2009 and 2010

Chinese green snacks to triple to US$570 million by 2014

By Jennifer Phang

The Chinese green snacks market will triple in value from 1.2 billion yuan (US$190 million) in 2010 to 3.6bn Chinese yuan (US$570 million) by 2014, according to research from the University of Science & Technology in Beijing.

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