BRF snaps up Qatari distributor for $140m
Brazilian food giant BRF has agreed to buy the frozen food business of Qatar National Import and Export (QNIE) for US$140m, the company announced this month.
Archives for October 19, 2015
Walkers releases exclusive camel shortbread for Dubai Duty Free
UK shortbread giant Walkers will launch exclusive camel-themed tins and biscuits at Dubai Duty Free next month, as the airport becomes an increasingly key hub for the firm.
Scot choc-maker iQ breaks into 3 GCC markets
Scottish premium chocolate startup iQ Chocolate will shortly start exporting its products to Kuwait, Qatar and Dubai after signing a series of distribution deals.
South Asia radius
Nestlé prepares to return Maggi noodles to the shelves
As individual Indian states begin to lift their ban on Maggi noodles, Nestlé has been paving the way for a return to the shelves for the snack which has suffered a torrid year at the hands of the subcontinent’s food authorities.
Agthia slurps up three water producers
UAE food conglomerate Agthia has bought three water bottling firms, increasing its already-dominant grip on the country’s bottled water market.
Melon juice extract reduces cellulite on thighs (but not stomach): Study
Melon juice concentrate reduces cellulite on thighs, according to a recent study by French ingredient supplier Bionov.
Jordan signs on to Nestlé’s Healthy Kids programme
Jordan’s Royal Health Awareness Society will implement Nestlé’s “Ajyal Salima” or Healthy Kids programme, which promotes nutrition and health education to children, the firm announced.
MLA launches new livestock assurance scheme
Meat and Livestock Australia (MLA) is launching a new project to improve the livestock export assurance system for the country.
Gulfood Manufacturing 2015, Dubai
PepsiCo, Mars, Mondelēz and Fonterra throw spotlight on Middle East
PepsiCo, Mars, Mondelēz and Fonterra will focus their efforts on the Middle East at Gulfood Manufacturing in Dubai next week (October 27-29) with two conferences entitled Next Generation Manufacturing and F&B Innovation.
Egyptian producers plan investments, but infrastructure hinders growth
Egypt’s Galina and Domty plan major expansions and IPOs, as the country suffers from currency and airfreight constraints on food exports, and falling rice and grain production.
Exclusive interview: Head of KitKat
KitKat white space opportunities in China, Vietnam and Pakistan, says Nestlé countlines chief
Nestlé has expansion opportunities in developing markets in Asia and Latin America for its leading confectionery brand KitKat, according to the company’s head of chocolate countlines.
New capacity set to heighten Chinese folic acid price slide
Feed manufacturers will benefit from cheaper folic acid (vitamin B9) prices in Q4 as prices in China plunged 37.5% in August, said market intelligence firm CCM.
Wholesale hemp prices declining despite fractured US supply chains, investment advisor says
Investment opportunities in the CBD space continue to abound despite the regulatory uncertainties, the director of a Boulder-based fund says.