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Ausnutria Dairy acquires 50% stake in Dutch cheese producer Amalthea to expand outreach
NETHERLANDS – Ausnutria Dairy, a pediatric milk formula company, has agreed to purchase a 50% stake in Dutch cheese producer Amalthea, in a bid to…
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China Beer Holding unit to acquire 55.19% stake in baijiu manufacturer for US$1.57bn
CHINA – A strategic business unit of the maker of Snow, China Resources Beer Holdings (CR Beer), has agreed to pay 12.3 billion yuan (US$1.57…
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Kraft Heinz delivers strong results of 2.9% rise in Q3 net sales amid volatile environment
US – Kraft Heinz has reported a 2.9% jump in third-quarter net sales to US$6.5 billion, which has enabled it to reaffirm its full-year outlook…
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Argentina record soybean sales clouded by a worsening outlook for 2022/23 wheat crop
ARGENTINA – The grain industry in Argentina has reported a bag of mixed fortunes with a failing wheat crop threatening to overshadow the spectacular gains…
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Brazilian rice sowing at 57% as grain farmers double down on planting efforts
BRAZIL – Preparation for the 2022/23 market year for grains is on high gear in one of the world’s largest suppliers of grain, Brazil with…