The deal grants exclusive brand licensing rights in Mainland China as General Mills continues restructuring its global Häagen-Dazs retail operations.
Tiger Brands is divesting the Beacon brand and chocolate manufacturing assets as part of a broader strategy to simplify operations and focus on higher-margin growth segments.
Mars is investing £190 million in its historic Slough factory to expand AI-powered manufacturing, improve sustainability and strengthen the UK’s role in global confectionery production.
IFC’s $40 million loan will support sugar beet cultivation in Egypt as the country targets sugar self-sufficiency and expands private-sector investment in agribusiness.
Ingredion has proposed a £2.74 billion takeover of Tate & Lyle, aiming to expand its global food ingredient solutions and specialty product portfolio.