Investment

Big business opportunities could exist through the Gate to India

Manufacturers urged to take passage to India

By Nicholas Robinson

India could be the ‘new China’ for food and drink manufacturers looking to increase margins and supply emerging markets in Asia, two industry experts have claimed.

Hassad Food encountered legal hurdles when trying to buy Turkish land

Hassad Food agrees $500m Turkey investment

By Eliot Beer

Qatar’s food and agriculture investment vehicle Hassad Food is planning new investments worth US$500m in Turkey’s agribusiness sector, the company announced.

Cadbury Kenya to be sales & marketing arm for East Africa, but will no longer produce goods

Mondelēz abandons Kenyan manufacturing

By Oliver Nieburg

Mondelēz International will stop manufacturing from its Cadbury Kenya plant at the end of this month as it shifts capacity for Cadbury Drinking Chocolate to Egypt.

Devro said lower production costs in the US could save £8m annually

Devro highlights progress in China

By Georgi Gyton

Scottish collagen casing manufacturer Devro said it had made "significant progress" on its business developments in China, in its interim results for the six months to 30 June 2014.

GCC looks to Turkey for food investments

GCC looks to Turkey for food investments

By Eliot Beer

Two Gulf investment vehicles have bought major stakes in Turkish food producers in recent weeks, as Turkey positions itself as a major halal food producer.

Meat processing: Vion

Vion: turning a corner

By Ed Bedington

The decision by Vion to exit its processing operations throughout the UK sent shockwaves throughout the industry. A year on from that announcement, and with the dust finally starting to settle from the company’s dramatic retreat, Ed Bedington took a trip...

Kellogg says its Project K efficiency programme isn't a

Kellogg's "difficult" cut-backs

Project K: Kellogg chomps 7% of global workforce

By Annie-Rose Harrison-Dunn

Kellogg Company will axe 7% - 2000+ staff - of its workforce by the end of 2017 as part of a four year efficiency program designed to drive growth.

It’s Fresh! uses technology to lock ethylene gas

It’s Fresh! wins slice of €5m cash

By Jenny Eagle

It’s Fresh! has won a slice of a €5m ($6.5m) investment to advance its technology which absorbs and locks ethylene gas, a natural plant hormone to slow the ripening and decay of fresh fruit and vegetables.

CEO Paul Bulcke said:

Nestlé nine-month sales growth below full-year target

By Caroline SCOTT-THOMAS

Nestlé organic sales growth slowed to 4.4% in the first nine months of the year, compared to 6.1% in the same period last year, hit by weaker demand from emerging markets and ongoing recession in Europe.

Nestlé plans to sell underperforming brands

Nestlé plans to sell underperforming brands

By Caroline SCOTT-THOMAS

Nestlé CEO Paul Bulcke told an investor meeting on Tuesday that the company intended to divest some of its brands and shake up its portfolio.

Indonesia’s plantation war with foreign conglomerates

Special report: Part II

Indonesia’s plantation war with foreign conglomerates

By Rick Beckmann, senior foreign legal counsel, and Aldi Rakhmatillah, associate, of Susandarini & Partners, in association with Norton Rose Fulbright Australia

How should Indonesia and, more to the point, the local community, benefit from foreign investment in plantations?

Lamex says its new stake in red fruit specialist Mondi Serbia would secure quality

Lamex to buy share in struggling Serbian supplier

By Kacey Culliney

Frozen fruit specialist Lamex Food Group will buy a majority stake in Serbian red fruit processor to boost business and protect the group’s supply chain, its CEO says.

Ukraine pork market set to grow 70% by 2020

Ukraine pork market set to grow 70% by 2020

By Vladislav Vorotnikov

Ukraine’s pork market volume is forecast to grow rapidly in the years ahead, following a rise in consumption levels, according to industry participants.

CSM confirmed $1.05bn sale of bakery supplies to private equity today

BILLION DOLLAR BAKERY DIVESTMENT CONFIRMED

Eight months later: CSM sells bakery supplies for $1.05bn

By Kacey Culliney

CSM has agreed to sell its bakery supplies businesses to private equity firm Rhône Capital for $1.05bn, eight months after its announcement to reposition as a bio-based ingredients firm.

RSPO said it would welcome discussion with investors to transform palm oil supply

RSPO welcomes deforestation consideration in palm oil investments

By Caroline Scott-Thomas

The Roundtable on Sustainable Palm Oil (RSPO) has welcomed the decision of the world’s biggest sovereign wealth fund to pull investment from certain palm oil companies – but has disagreed with its divestment from firms that are on the path to RSPO certification.

Zambeef releases financial results

Zambeef turns in strong growth

By Carina Perkins

African agri-business Zambeef has reported “robust” revenue growth over the past year, with a strong performance across its poultry, pork and beef divisions.

Copyright Can Stock Photo

Dispatch from IPA 2012

Manufacturers' 'bold gamble' on R&D

By Rod Addy

European food and drink manufacturers are making a "bold gamble" on research and development (R&D) investment in the tough economic climate, according to results from the latest IPA 2012 survey.

Agropole science park supports eco-friendly factories

Dispatch from IPA 2012

Agropole science park supports eco-friendly factories

By Rod Addy

The development of eco-friendly production at the Agropole science park is the keynote event of the IPA 2012 trade show, which is running alongside Sial 2012 at Paris-Nord Villepinte exhibition centre.

Nestlé 9-month sales up 11%

Emerging markets continue to drive Nestlé sales

By Oliver Nieburg

Food and nutrition giant Nestlé has reported improved sales in its 9-month results driven by growth in emerging markets, but Q3 was a little slower than last year.

Meat processor Cranswick set for strong year

Cranswick set for strong year ahead

By Rod Addy

UK meat processor Cranswick would benefit from millions of pounds worth of investment and the potential closure of Vion’s pig processing unit in Scotland in the coming year, according to analysts.

Devro enjoys strong first-half performance

Devro enjoys strong first-half performance

By Nicholas Robinson

Devro, a leading manufacturer of collagen products for the global food industry, has announced strong sales growth in the first half (H1) of 2012.

DSM Food Specialities invests €20m in spray drying

DSM invests €20m in spray drying

By Rod Addy

Global ingredients firm DSM has pumped €20m into its Delft factory in the Netherlands, on top of a separate €100m investment in research and development in the region.

Symrise boosts menthol capacity at Holzminden with Lanxess help

Symrise targets menthol demand as Holzminden site expands

By Rod Addy

Flavours and fragrances giant Symrise outlined plans to grow the menthol category for foods and personal care products after confirming the completion of a €16m expansion in Holzminden, Germany, yesterday.

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