Danone to acquire 25% stake in Chinese infant formula firm Yashili
French dairy Danone has agreed to acquire a 25% stake in Chinese infant formula firm Yashili International for HK$4.389bn (US$565m, €450m).
Archives for October 31, 2014
Kuwait’s Mezzan plans IPO
Kuwait food producer and distributor Mezzan Holding is planning to list on the Kuwait Stock Exchange (KSE), offering 30% of its shares for sale.
Food industry must consider intentional contamination – NSF
The food industry needs to adapt to take into consideration intentional contamination in the supply chain, according to NSF.
CANADEAN BEVERAGE PACKAGING 2014, BRUSSELS
‘Big fight in a Mini business’: Super Bock glosses Portuguese beer battle with Sagres
Unicer’s innovation head explains how adding pull-off caps to 200ml ‘Mini’ beer bottles allowed the Super Bock brand to win back market share from Portuguese rival Sagres in the late 2000s.
DuPont: ‘We will launch 4000 products by 2020’
DuPont’s nutrition & health division will play a big part in the launch of 4000 food-related products in the next six years, its chief said as the company celebrated 50 years at its Brabrand base in Aarhus, Denmark yesterday.
Saudi buys 50,000 tonnes of barley from Openfield co-op
Saudi Arabia has imported 50,000 tonnes of barley from Britain, the UK farming co-operative organisation Openfield announced.
Bran more effective than whole grain in alleviating obesity symptoms: Study
Supplementation with finger millet bran may help alleviate symptoms of obesity like oxidative stress, inflammation and gut microbial imbalances, according to mice research published in the British Journal of Nutrition.
Calorie labelling on booze ‘could boost alcohol consumption’
Introducing calorie labelling on alcoholic drinks could boost alcohol consumption, according to a leading nutritionist.
UK organic sales growth recovery continues
Sales of organic products grew 3.6% in the UK last month – finally recovering in the past year after a five-year recessionary slump.
FDA investigating mass spectrometry for allergen analysis
The US Food and Drug Administration (FDA) is investigating the use of mass spectrometry for analysing allergens.
Hovis boss quits for overseas opportunity
Hovis boss Bob Spooner has quit his role to take up a new “overseas opportunity” after just six months with the business.
Qatar allows Canadian beef, but other bans remain
Qatar has agreed to allow imports of Canadian beef, effective immediately, as other meat producers continue to lobby regional governments.
KP Snacks targets value with £1 price-marked nuts
KP Snacks has launched £1 price-marked nuts across its four top-selling flavors to try and drive sales in convenience stores.
Sugar policy shake-up to squeeze cane producing countries
The Fairtrade Foundation has urged food companies and retailers to choose Fairtrade sugar, amid concerns that a sugar price slump and CAP reforms could push thousands of workers into poverty.
A view from Sial
The great and good in the global meat industry gathered at the recent Sial exhibition in Paris (19-23 October). See our video for a visual trip around the show, and to hear the opinions of just some of the exhibitors.