WORLD NEWS
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General Mills Q3 profits jump 27% buoyed by elevated at-home food demand
US – American multinational food company General Mills has posted a 27% rise in third-quarter operating profit, as it continues to benefit from elevated at-home…
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Carrefour to acquire Walmart’s Grupo Big to strengthen retail presence in Brazil
BRAZIL – French retail giant, Carrefour has agreed to purchase Brazil’s third biggest food retailer Grupo Big from Walmart and investment firm Advent International in…
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Small appliances maker De’Longhi to acquire rival Eversys as Nestlé rolls out new safety feature for coffee machines
SWITZERLAND – Italian manufacturer of small appliances, De’Longhi is poised to achieve full ownership of Swiss coffee machine manufacturer Eversys. This is after the company…
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Richardson to expand crush capacity of Canadian plant amid rising demand for canola products
CANADA – Canadian agribusiness company, Richardson International has announced plans to double the processing capacity of its canola crush plant in Yorkton, Saskatchewan amid rising…
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Bühler launches new malting equipment for small scale brewers
SWITZERLAND – Swiss food technology group, Bühler has launched new malting equipment specifically meant for small to mid-sized craft beer producers. Called RimoMalt, the new…