McCormick’s £62.5M Italian spice acquisition
McCormick & Company has bought Italian spices business Drogheria & Alimentari (D&A) for €85M (£62.5M) in a deal it claims will boost the portfolio it offers retailers and manufacturers.
Archives for February 23, 2015
Support local producers, Al Ghurair tells UAE consumers
Dubai’s Al Ghurair Foods is working to promote awareness of local brands in the UAE market as a viable and sustainable choice for local consumers.
China withdraws ban on Irish beef
Irish beef has been approved for export to China once again, following the withdrawal of its BSE-related ban.
Nestlé to dump artificial flavors in Europe, but tightlipped on price hikes
Nestlé says it will remove artificial flavors in confectionery across Europe, but refuses to confirm whether it will implement European price hikes to offset declining confectionery margins.
Hassad Food buys $99m stake in Omani poultry farm
Qatar’s Hassad Food has bought a 33% stake in Oman’s largest poultry producer, A’Saffa Foods, for US$99m.
Banks impeding growth in Danish organic meat sector
Tighter lending positions being taken by banks in Denmark towards the country’s agri-industry is restricting herd and production-related investments by the country’s organic meat sector.
American brands attracted to booming UAE, claims Farm Fresh
Growing numbers of American brands are entering the UAE, according to food distributor Farm Fresh, which is looking to make the most of the new influx.
Tapping into the flavour pairing trend
The concept of flavour pairing matches up weird and wonderful combinations – pork liver and jasmine for instance – and there are ways for the food industry to cash in on this niche trend too.
New campaign targets soft drink makers over health issues
A new campaign launched in the North West of England has targeted sugary drinks manufacturers claiming that their inability to inform the public about health harms is causing negative health impacts on children and young adults.
EC suggests toddler milk marketing and composition 'commitments'
Manufacturers could help devise "self-regulatory commitments" on the composition and marketing of growing-up formula under a new European Commission "policy option."
UAE is waking up to speciality coffee
UAE consumers are finally becoming wise to the attractions of high-quality coffee, thanks to an influx of knowledgeable roasters and baristas, according to a UAE-based roastmaster.
Indonesian fish producer targets Middle East
An Indonesian canned fish producer is aiming to make its entry into the Middle East food market, as Indonesia’s government aims to bolster its national fishing industry.
Gene discovery may block GM ‘contamination’ worries
A newly identified gene could block genetically modified crops from cross-contaminating conventional crops, say researchers.
CDC reveals cucumbers sickened 275 last year
An outbreak of Salmonella from cucumbers that sickened 275 people last year has only just been made public by the US Centers for Disease Control and Prevention (CDC).
New $720m sugar plants launch in Saudi
Two new sugar refinery projects launched in Saudi Arabia this month in Jizan and Yanbu, with a combined value of US$720m and projected capacity of more than 2m tonnes a year.