WORLD NEWS
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George Weston divests North America bakery business to FGF Brands for US$1.2 billion
CANADA — George Weston, a Canadian-based food processing and distribution company, has announced plans to sell Weston Foods’ fresh and frozen bakery business to Toronto-based…
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Just Egg set to launch in Europe following approval of key ingredient by food safety authority
EUROPE- Eat Just is set to launch its plant-based egg product dubbed Just Egg in Europe following the European Food Safety Authority’s approval of a…
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Tyson Foods invests US$58m in expanding Texas poultry plant to meet surging demand
USA – American multinational meat processing company , Tyson Foods Inc. Is planning to inject US$58 million into its Seguin poultry processing plant amid surging demand for…
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Biscuit International to extend European leadership position with acquisition of Continental Bakeries
NETHERLANDS – Biscuit International is seeking to reinforce its position in the European private label biscuit and bread substitute market through the acquisition of Continental…
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ADM invests in biotechnology company Acies Bio, unveils plans to sell ethanol facility
SLOVENIA – American multinational food processing and commodities trading corporation, ADM has made a leading equity investment in Slovenian biotechnology company Acies Bio, for an undisclosed sum. Acies Bio specialises…