WORLD NEWS
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Lindt & Sprüngli appoints Adalbert Lechner to succeed Dr. Weisskopf as CEO
SWITZERLAND – Swiss chocolatier and confectionery company, Lindt & Sprüngli has named Adalbert Lechner as the successor of current CEO Dieter Weisskop who is to…
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Fonterra completely withdraws from Russia as Nestlé reiterates plans to keep selling essential food items
RUSSIA – World’s largest dairy exporter, Fonterra has announced that it will completely exit the Russian market following the country’s invasion of Ukraine. Fonterra…
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Dodla Dairy acquires Krishna Milks to expand presence in Indian dairy market
INDIA – Dodla Dairy Ltd,a leading dairy company in India’s Telangana states, has acquired its peer Sri Krishna Milks Private Ltd for Rs 50 crore…
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Ardent Mills opens US$100m flour mill in Florida to strengthen US operations
USA — American flour milling, and ingredient company Ardent Mills has strengthened its US operations with the opening of a new flour mill in the…
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InBrew in talks to buy Diageo India’s US$300m low–margin brands
INDIA – Inbrew Beverages is emerging as the leading bidder for a portfolio of Indian brands being sold by Diageo Plc, Bloomberg has reported citing people…