Business

COFCO has sold its Nidera Seeds business to Syngenta AG, after the acquisition was only complete in February. ©GettyImages

COFCO sells Nidera Seeds to Syngenta

By Lester Wan

One of China’s state-owned and largest food processors and manufacturers, COFCO, has sold its Nidera Seeds business to Syngenta AG.

Kerry Group helping BRF make clean label meat

Kerry Group helping BRF make clean label meat

By Oscar Rousseau

Global ingredients and flavours company Kerry Group is helping the world’s largest halal meat business, Brazil’s BRF, launch clean-label meat products.

Smithfield Foods to open marketplace on JD.com

China direct

Smithfield Foods to open marketplace on JD.com

By RJ Whitehead

China-owned pork giant Smithfield Foods will sell its products on China’s second-biggest e-commerce portal in a three-way deal with Henan Shuanghui Investment and Development.

Saputo's takeover of Murray Goulburn is expected to close in the first half of 2018.

Saputo to take over Murray Goulburn for $1bn

By Jim Cornall

After many rumors over the potential sale of Australia’s Murray Goulburn Co-Operative Co. Limited, Canadian dairy company Saputo Inc. has emerged as the company that will take over the cooperative.

LT Foods JV to ‘create’ rice-based snacks category

India

LT Foods JV to ‘create’ rice-based snacks

By RJ Whitehead

Basmati rice manufacturer LT Foods will launch premium rice-based snacks through a joint venture with Kameda Seika of Japan, under the brand name Kari Kari.

Barossa Valley irrigation project on course to expand

Barossa Valley irrigation project on course to expand

By RJ Whitehead

A trial vineyard irrigation project that set out to reduce reliance on the River Murray is expanding and could soon provide enough water for an entire wine region, a year after it was first commissioned.

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