WORLD NEWS
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Danone sells remaining stake in Mengniu, to acquire Dumex Baby Food infant milk unit
CHINA – French multinational food group Danone is in the process to cut ties with China Mengniu Dairy after nine -years by selling a 25…
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US meat packers blame market forces for soaring prices as consumers seek alternatives
US – Meat packing companies in the United States have defended their profit making ventures against criticism from US lawmakers who hold the opinion that…
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Robertet acquires Omega Ingredients in push to grow presence in UK flavor market
UK – Robertet, a leading global flavor, and fragrance company has announced the acquisition of UK-based natural flavors and ingredients company Omega Ingredients. Founded in…
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Pond Technologies partners Livalta to bring algae-based animal feeds to UK market
UK — Canadian biotechnology company Pond Technologies is set to launch its algae-based animal feed products in the UK market following the signing of a…
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Kellogg prompted to hike prices as worsening inflation push production costs higher
USA— American multinational food manufacturing company Kellogg has been forced to hike prices for its products to help counter the impact of soaring production and…