M&A
Resurgent Australian chocolate maker Darrell Lea sold to Quadrant Private Equity
Australian confectioner the Darrell Lea Group has been acquired by Quadrant Private Equity, five years after it was saved from administration.
News & Analysis on Food & Beverage Development & Technology
M&A
Australian confectioner the Darrell Lea Group has been acquired by Quadrant Private Equity, five years after it was saved from administration.
Food and supplement companies are firmly in the sights of China's Supreme People's Procuratorate (SPP), which is demanding a fresh clampdown on illegal advertising for food, drugs and wellness products.
Hemp mānuka honey will be on the shelves in Australia by the middle of the year, with the two companies behind the project then aiming for sales to China, the wider Asia region, and potentially North America and Europe.
Proposals to shake-up Australia’s GM rules are likely to face “fierce opposition” according to a leading academic, while another said that it would undoubtedly result “in the food our children eat in the future having a different DNA sequence to the food...