Archives for August 17, 2011

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Vitafoods Asia 2011 preview

Western diets drive Asian functional foods development

By Shane Starling

Asia Pacific markets are ripe for functional foods development as a response to the increasing prevalence of western diets, says Katrina Diamonon, consumer analyst at market researcher, Datamonitor.

Asahi to acquire Independent Liquor

By Kacey Culliney

Japan’s Asahi Group Holdings today announced an agreement to acquire 100% of Independent Liquor from Pacific Equity Partners and Unitas Capital in a 97.6bn Yen ($1.28bn) deal.