WORLD NEWS
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Ardent Mills eyes acquisition of chickpea processing firm Hinrichs Trading Company
US – North America’s leading flour supplier Ardent Mills has announced its intention to acquire the operations of US-based chickpea sourcing and processing firm, Hinrichs…
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Kellogg to shut down two production lines in Ohio even as it launches a new cheese-flavoured popcorn snack
US – The Kellogg Company has announced plans to shut down two production lines at its Mariemont, Ohio, plant, in a bid to strengthen its…
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Olam full year profits jumps 36% even as it makes significant progress in business re-organisation
SINGAPORE – leading food and agri-business company Olam International Limited (OIL), has reported a 36% jump in Profit after Tax and Minority Interests for the…
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Molson Coors sells India business to Inbrew Holdings as alcohol prohibition hurts sales
INDIA – US multinational beverage company Molson Coors has agreed to sell its Indian unit to Singaporeheadquartered Inbrew Holdings in a deal estimated to be…
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Coca-Cola System Brazil to produce alcoholic beverages in new partnership with Heineken
BRAZIL – The Coca-Cola system in Brazil will produce and distribute alcoholic beverages beers in HEINEKEN’s portfolio as from Mid-2021. This is part of a…