Category: Food & Beverages
Unilever Indonesia agrees to sell its spreads business to KKR & Co.
Paroma Bhattacharya June 24, 2018
PT Unilever Indonesia, publicly listed manufacturer and distributor of consumer goods in Indonesia, announced the sale of its food spread business to KKR & Co. The deal has been agreed upon fo....
Cargill to pour in €12M in a chocolate production line at Mouscron
Cargill, the globally reputed corporation of USA, has recognized the growing demand of authentic Belgian chocolate and will be investing €12 million ($13.9 million) in a chocolate production....
DSM spends $3.5B in acquisitions to expand portfolio in F&B industry
Saifali Bepari June 22, 2018
In a bid to expand its nutrition business and maintain its profit growth, the Netherlands-headquartered specialty chemicals manufacturer DSM has apparently declared that it plans to spend around U....
Pizza Hut pledges to curb antibiotics from chicken wings by 2022
Pizza Hut, the American restaurant chain and famed pizza maker, has joined a growing list of fast food restaurants that are moving away from using chicken raised with antibiotics in their menu. ....
Singapore research lab to develop healthier food products for Asia
The National University of Singapore, agricultural business group Wilmar and the National Research Foundation have recently collaborated on the set up of a S$110 million facility that will be the ....
Coca-Cola makes a GBP 3 billion bid to acquire GSK's Horlicks
Coca-Cola is competing with Nestle and Kraft Heinz to acquire Horlicks, the malted drink brand from the UK based pharmaceutical company GlaxoSmithKline (GSK). GSK announced in March that the co....
Retail giant Walmart inaugurates new milk processing plant in Indiana
Ojaswita Kutepatil June 18, 2018
Walmart Inc., America's largest retail corporation with a chain of hypermarkets, has recently announced that it has opened a new milk processing plant in south Fort Wayne, Indiana. Reportedly, t....
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