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MCS Vágóhíd targets Asian markets

Hungarian meat business looks to Asian markets

By Jaroslaw Adamowski

As part of its expansion plans, Hungarian meat business MCS Vágóhíd is aiming to produce about 90,000 tonnes (t) of meat this year, and hire a further 70 employees at its facilities, according to senior company representatives.

Murray Goulburn, which produces the Devondale brand, says Saputo will address ACCC comments by divesting the Koroit plant to allow the takeover of Murray Goulburn to continue.

Saputo will sell plant to address ACCC concerns

By Jim Cornall

Following the Australian Competition and Consumer Commission’s (ACCC) comments over a potential lack of competition should Saputo’s purchase of Murray Goulburn go ahead, the Canadian company has said it will sell the plant in question so its takeover...

Japanese snack giant Calbee has reported a slump in profits. Pic: ©GettyImages/switchpipipi/Bellisimo

Has Calbee’s profit slump put PepsiCo partnership in balance?

By Gill Hyslop

Japanese snack giant Calbee posted a profit decline for its third quarter results for fiscal year ending March 31, 2018 due to sharp slowdown in North America, possibly putting its business partnership with PepsiCo on the line.

Mount Mayon's wild pili nuts from the Philippine rainforest enter the market as volcano erupts in the growing region. Photo: MM

Startup Watch

Premium nut dubbed ‘next macadamia’ faces volcanic threat

By Oliver Nieburg

Startup Mount Mayon has developed a special method for processing the pili nut for packaged goods - it enters the market as its raw material grows next to an erupting volcano that has displaced thousands.

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