WORLD NEWS
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Reliance Consumer Products takes majority interest in confectionery firm Lotus Chocolate Company
INDIA – Reliance Consumer Products Limited (RCPL), a wholly-owned subsidiary of Reliance Retail Ventures Limited (RRVL) has taken a majority interest of 51% in Hyderabad-based…
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Indian dairy giant Amul appoints Jayen Mehta as new managing director
INDIA – Amul, one of the largest dairy brands in India, has appointed Jayen Mehta to succeed RS Sodhi as managing director after serving the…
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Saudi Arabia maintains alcohol ban as sales skyrocket in Dubai following removal of alcohol sales tax
MIDDLE EAST – Saudi Arabia has ruled out the sale of alcohol in the Kingdom’s duty-free markets in airports, seaports, and land ports to the…
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Oatly adopts asset-light strategy in US, expands Sweden retail partnership with Retain
USA – Oatly, a Swedish-headquartered food company that produces dairy alternative products from oats, has struck a deal with California-based Ya Ya Foods as a…
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FrieslandCampina, Triplebar Bio partner to develop cell-based protein through microbial fermentation
NETHERLANDS – FrieslandCampina Ingredients has announced a strategic partnership with California-based biotechnology company, Triplebar Bio inc. to enhance capabilities in the production of cell-based protein…