Business

Biosearch Life probiotic approved in China for infant formula use

China direct

Biosearch Life probiotic approved in China for infant formula use

By RJ Whitehead

Spanish probiotics, omega-3 and extracts supplier Biosearch Life has been given approval for the sale of its Lactobacillus fermentum CECT5716 LC40 probiotic strain by China’s Family Planning and National Health Commission for use in infant formula manufactured...

The halal market is expected to be worth close to $60bn within the next four years

BRF spin-off creates halal unit

By Oscar Rousseau

Brazilian meat processor BRF has announced plans to set up a subsidiary tasked with strengthening the meat giant’s supply of meat to Muslim consumers.

Americana sale back on, NFPC sale off

Americana sale back on, NFPC sale off

By Eliot Beer

The sale of Americana finally went ahead this month, with Adeptio paying US$2.4bn, while NFPC abandoned its sale attempt, with potential buyers’ scepticism over expansion plans blamed. 

Mezzan buys into KSA’s Al Safi for $25m

Mezzan buys into KSA’s Al Safi for $25m

By Eliot Beer

Kuwaiti food conglomerate Mezzan Holding will buy into Saudi Arabia’s Al Safi Food for up to US$25m, while EIP, one of the buyers of Diamond Meat Processing, eyes further purchases.

Nestlé has decided to appoint Ulf Mark Schneider as its new CEO, starting on 1 January 2017

Nestlé appoints new CEO

By Will Chu

Food giant Nestlé has appointed Ulf Mark Schneider as its new CEO, effective from the start of next year.

Swiss chocolatier adds’ ‘store-within-a-store’ concept in Hong Kong via DFS partnership

Lindt launches 'shop-in-shop' concept in Hong Kong

By Douglas Yu

Passengers at the Hong Kong International Airport (HKIA) are now able to pick and mix their favorite Lindor chocolate for the first time, thanks to the recent partnership between Lindt and DFS.

Here's what Brexit could mean for food and drink manufacturers

Brexit Exclusive

Brexit: what it means for food and drink manufacturers

By Michael Stones

As food and drink manufacturers study the impact of British voters’ historic decision to quit the EU, we explore how the vote may impact on the sector’s prosperity, based on the predictions of two leading campaigners – on either side of the argument –...

Perrigo unloads US supplements business to contract manufacturer

Perrigo unloads US supplements business to contract manufacturer

By Hank Schultz

Perrigo has unloaded its US supplements business, with International Vitamin Corporation stepping up as buyer. The deal was seen by one observer as another step in the concentration of US-based supplement manufacturing backed by Chinese capital.

Fonterra is upgrading its Edgecumbe site to capture lactose from the site's waste stream.

Fonterra’s NZ$8m upgrade for lactose

By Jim Cornall

An NZ$8m ($5.6m) upgrade is under way at Fonterra’s Edgecumbe site to capture lactose that previously could not be extracted from the site’s waste stream.

Meat consumption in India has been rising by 14% year-on-year

India to bolster pork industry

By Oscar Rousseau

Senior Punjabi government officials have visited UK pork factories to develop production methods, with India braced for a surge in meat demand.

KKR buys stake in Indonesian poultry major

KKR buys stake in Indonesian poultry major

By RJ Whitehead

Singapore-based agri-food company, Japfa, which focuses on supplying protein staples to emerging Asian markets, has announced the purchase by a global investment firm of over 10% of its interest in PT Japfa Cornfeed Indonesia.

Tip Top is hoping a trial program introducing its ice cream to China through Tmall will be a sweet success.

Tip Top dips into China ice cream market

By Jim Cornall

Will Hokey Pokey be a hit in Hangzhou? New Zealand dairy cooperative Fonterra is hoping so, as it tries out its Tip Top ice cream in the Chinese market through Chinese e-commerce site Tmall.

Valleyfresh puts down KSA roots

Valleyfresh puts down KSA roots

By Eliot Beer

Australian produce distributor Valleyfresh has announced it will open an office in Saudi Arabia in a bid to expand its operations and strengthen its relationships in the Middle East.

Polish push new apple types to UAE market

Polish push new apple types to UAE market

By Eliot Beer

Polish apple producers shut out of the Russian market are turning to the UAE, but now face challenges from long-held consumer expectations, according to the head of the Polish Fruit Union.

UAE firms buy Power Horse stake

UAE firms buy Power Horse stake

By Eliot Beer

Two UAE-based investment firms have bought a significant stake in Austrian energy drink producer Power Horse, and plan to expand the business’s reach beyond its Middle Eastern stronghold. 

Bright Dairy must rebuild reputation after three incidents in May

China direct

Bright Dairy must rebuild reputation after three incidents in May

By RJ Whitehead

Having been singled out three times in May alone by China’s food inspectors, Bright Dairy risks significant harm to its corporate image as consumers continue to doubt the safety and quality of dairy products made domestically, market analysts warn.

Fsanz awards Ingredion’s Hi-Maize digestive health claim approval

Australia

Fsanz awards Ingredion’s Hi-Maize digestive health claim approval

By RJ Whitehead

Ingredion has obtained a general-level digestive health claim from the A for its Hi-Maize resistant starch stating that the ingredient “helps to maintain/support a healthy digestive system when consumed as part of a healthy diet made up of a variety of...

Shanghai Maling could soon become one of China's biggest beef producers

China’s Maling enters beef industry

By Oscar Rousseau

Huge profits and game-changing scale predicted for a Shanghai pork firm seeking to enter the beef industry through a 50% stake in one of New Zealand’s biggest meat processors. 

Edible insects: Let’s look at what’s on the menu

Soapbox

Edible insects: Let’s look at what’s on the menu

By Massimo Reverberi, founder of Bugsolutely

In these early days of edible insects going global, it is still unclear which products will stand out and make their way to the mainstream. The ideas popping out of the minds of new entopreneurs are interesting, but it’s hard to say which will still stand...

The zebu cow is the breed that will supply the majority of Fauji Group's beef

Pakistan launches its biggest halal plant

By Shahid Husain, in Karachi

Pakistan’s largest conglomerate, the Fauji Group, has launched the country’s biggest halal abattoir, meat processing and exporting unit near Port Qasim, Karachi.

Haverick Meats before it burnt down. Image courtesy of New South Wales Fire & Rescue

Sydney fire: meat factory burns to the ground

By Oscar Rousseau

A fire at a meat processing plant in Banksmeadow, Sydney, has been extinguished after burning for two days straight, causing thousands of dollars in damages.

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