Ridley takes on Australian BPL meat renderer
One of Australia’s leading animal nutrients suppliers, Ridley Corporation, has announced it will acquire BPL, Victoria’s largest red meat and poultry renderer for AU$77m.
Archives for November 12, 2012
Fat-blocking Pepsi will launch in Japan this week
This week will see the launch of a fat-busting new Pepsi variant that is targeting the health conscious.
Egypt cattle row provoking a storm in Australia
In a move to calm an issue that is threatening to turn into a populist political bun fight, Australia’s Department of Agriculture, Fisheries and Forestry (DAFF) has issued a statement relating to cattle exports to Egypt, confirming that Australian...
Not too late for confectioners in China, says Rabobank
Opportunities exist for confectioners yet to enter China, but they must come with a targeted distribution strategy, according to Rabobank.
Yakult and Danone in talks in Japan
Reuters reports that Japanese drink maker Yakult Honsha has confirmed it has agreed with Danone SA to continue talks on the possibility of the French food company to take a bigger stake in Yakult.
Asian retail growth mitigates poor performance in the West
The rise of the Japanese owner of 7Eleven is synonymous with the charge of grocery retail in Asia, and backs up the latest study by Euromonitor into the subject.
HanAll to distribute AB-Life in South Korea
AB-Biotics has signed an agreement with HanAll BioPharma to distribute its cholesterol-lowering probiotic in Korea. The deal will give the Korean company a 10-year licence to exclusively distribute the AB-Life probiotic across the country.