News & Analysis on Food & Beverage Development & Technology
Bright Food Group has finalised its A$530m acquisition of a 75% equity stake in Australia’s Manassen Foods and opened an office in Sydney, marking the biggest overseas procurement for the Chinese food giant since its establishment in 2006.
Thailand food company S. Khonkaen Foods Plc has signed a deal with Sri Lanka-based Keells Food Products Plc to distribute food products on the island, with further expansion plans mooted.
The Indian government is considering boosting production of protein-rich food such as meat, fish, eggs and milk in a bid to curb inflation – with the prime minister involved in discussions.
Chinese ingredients company Fenchem Biotek Ltd’s Malaysian operations now account for 10% of its entire business.