WORLD NEWS
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Nestlé starts talks for potential sale of peanut-allergy business Palforzia
SWITZERLAND – Nestlé is reportedly engaged in discussions with London-based global healthcare company Stallergenes Greer to divest its peanut-allergy business, Palforzia. The global food and…
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Stoli Group promotes CFO Chris Caldwell to be global CEO
USA – Leading ultra-premium spirits and wines company, Stoli Group, has made significant leadership changes in its business, appointing CFO Chris Caldwell to replace Damian…
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Megmilk forms joint venture with Agrocorp to build plant-based ingredients facility in Malaysia
JAPAN – Japanese dairy giant, Megmilk Snow Brand, has joined arms with Singapore’s Agrocorp International, one of the world’s leading traders in pulses, to form…
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Lactalis invests US$2.6M to open new facility in Bosnia and Herzegovina
Europe – French dairy giant, Lactalis has invested US$2.6 million to establish a new processing facility in Bosnia and Herzegovina. According to the company, the…
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Nextferm, Kothari Fermentation signs deal to produce its flagship product ProteVin in India
INDIA – Israel food-tech startup, Nextferm, a developer of alternative yeast-based nutrients, has entered into a co-operate agreement with Kothari Fermentation and Biochem, a subcontractor…