AB InBev to sell Zambia Chibuku unit to Delta Corp.

ZAMBIA - Delta Corporation, the Zimbabwe-based associate of Anheuser-Busch (AB) InBev has said that it is finalising a transaction to acquire a controlling stake in National Breweries of Zambia. Delta said in a statement that equity is being acquired from Heinrich’s Syndicate, which is also owned by AB InBev. "The equity is being acquired from…

BASF to acquire parts of Bayer’s seed and herbicide businesses

GERMANY – Leading agrochemical company BASF has signed an agreement to acquire significant parts of Bayer’s seed and non-selective herbicide businesses, entering the key seeds business that it has been missing in its portfolio. The acquisition of the assets, as Bayer divests from some key areas as it seeks to placate regulators concerns as it…

ADM invests in German facility to produce non-GMO soybean meals

GERMANY - Archer Daniels Midland Co. as announced its plans to making further investments to produce more high protein soymeal free of genetically modified organisms (GMOs) at its Straubing crushing plant in Germany. “The decision to invest in the production of non-GMO high-protein soybean meal is a logical step after the successful implementation of non-GMO…

SA poultry producers to import hatching eggs from Europe

SOUTH AFRICA – Poultry producers have planned to import hatching eggs from Europe, after the outbreak of the highly pathogenic H5N8 avian influenza virus commonly known as bird flu, resulted to shortages in the country. The H5N8 avian influenza virus had been detected in several countries, with South Africa worst hit triggering shortages in both…

Poultry firm boss to give evidence to inquiry on food safety at plant

UK - The multimillionaire boss of the UK’s largest supplier of supermarket chicken is to be summoned before a parliamentary inquiry after undercover filming revealed poor hygiene standards and altered food safety records. Ranjit Singh Boparan, who founded 2 Sisters Food Group, has been called to give evidence after an investigation by the Guardian and…

Ingredion expands rice ingredients portfolio

USA - Ingredion Incorporated, a leading global ingredients solutions company, has launched two multifunctional rice flours, Homecraft Create 835 and 865, as part of expanding its rice ingredients portfolio. The company said that the new rice flours are designed to suit even the most challenging of applications, including in soups and sauces. Food manufacturers can…

Kerry Group buys US-based probiotics company Ganeden

IRELAND – Kerry Group, the Irish consumer foods and ingredients group, has confirmed the acquisition of US-based tech company Ganeden, Ganeden is a tech innovation company, which focuses on patented probiotics and related technologies, with more than 135 patents for technologies in the supplement, food, beverage, nutrition and personal care markets, based in Cleveland. It…

Whitbread acquires remaining stake of its Costa Coffee venture

CHINA - Whitbread has acquired the remaining 49% stake of its Costa Coffee venture in southern China for £35milion. The British hotels to restaurants group, which already owns 51 per cent of its southern China joint venture, is buying the rest of the business from Chinese partner Yueda. Its other China joint venture – which…