WORLD NEWS
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USDA to invest US$500m in enhancing resiliency, competitiveness in US meat industry
US – The United States Department of Agriculture is committing more than US$500 million to expand meat and poultry processing capacity, as part of efforts to increase competition…
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Welcome Dairy Holdings expands dairy portfolio with acquisition of spray drying service provider North Star processing
US – Welcome Dairy Holdings, a portfolio company of private equity firm New Heritage Capital, has acquired North Star Processing, to enable it to expand its offering…
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EBRD, EU support help Serbian packaging producer Comex upgrades equipment to meet highest global standards
SERBIA – Comex, a Serbian company specialising in the production of flexible food and non-food packaging and wrapping materials, is the latest beneficiary of an EBRD and European Union…
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Richardson diversifies into durum processing with acquisition of US miller Italgrani
US – Richardson International Limited, Canada’s largest agribusiness and a global leader in agriculture and food processing, is diversifying into wheat processing through the acquisition…
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Tate & Lyle sells controlling stake in primary products business to KPS Capital Partners for US$1.7B
US – Tate & Lyle PLC, a leading global provider of food and beverage ingredients and solutions, has entered is selling a controlling stake its Primary Products…