WORLD NEWS
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Natural color supplier GNT invests US$30m in North American facility expansion
USA – Netherlands-based supplier of natural colours to the food industry GNT is investing US$30 million to expand its US-based facility for North American ingredient…
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JBS-owned prepared foods company Swift expands portfolio with acquisition of Sunnyvalley Smoked Meats
USA — Swift Prepared Foods, a subsidiary of Brazil meat processing giant JBS, has reached an agreement to acquire Sunnyvalley Smoked Meats Inc. for US$90 million. Founded in 1990, Sunnyvalley Smoked…
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Mexico becomes the latest country to join the International Dairy Federation
BELGIUM – Mexico, the 16th largest producer of milk in the world, has joined the International Dairy Federation(IDF), bolstering the federation’s members and expanding its global reach and influence. …
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Mexican bottler and retailer FEMSA appoints Daniel Rodriguez as CEO
MEXICO – Mexican multinational beverage and retail company Fomento Económico Mexicano, S.A.B. de C.V., doing business as FEMSA has appointed Daniel Rodriguez as CEO, effective January next year. Rodriguez succeeds Eduardo Padilla, who has…
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Oatly expands presence in Asia with launch of new oat milk facility in Singapore
SINGAPORE – Swedish alternative dairy company Oatly has partnered with Asian food and beverage company Yeo Hiap Seng Limited (Yeo’s) to open a new oat…