Yakult Danone improves probiotic range with new ‘Yakult light’ drink

INDIA - Yakult Danone has launched a new formulation of its probiotic drink, Yakult light to expand its probiotic range, produced under a joint venture between Yakult Honsha and Danone. The company revealed that the new light range contains less sugar with same Yakult’s probiotic culture, Lactobacillus casei and is sold under Yakult trademark in…

Euroma acquires Intertaste, takes lead in European and Dutch spice markets

NETHERLANDS - Koninklijke Euroma B.V, which manufactures and distributes herbs and spices,has acquired Intertaste BV., the West-European dealer in herbs, spices, mix and package end products in consumer packaging. Euroma has taken over all Intertaste’s shares after a go-ahead from the Authority for Consumers and Markets (ACM), giving it a top recognition in the European…

Sokolow to acquire Gzella to strengthen market position in Poland

POLAND - Sokolow Group has announced intentions to acquire Gzella Meat Group, a meat producer in Poland with the aim to strengthen the market position not only in Poland but also internationally. The transaction, whose approval awaits a go ahead from Polish competition authorities, involves formation of a merger between the companies and their brands…

Nibulon develops new infrastructure, increases exports with US$50 million funding from EBRD

EUROPE - Nibulon, which produces and exports grains and oilseeds worldwide,has embarked on a pervasive development plan of its infrastructure and logistical solutions with a US$50 million funding from European Bank for Reconstruction and Development (EBRD). The plan aims to increase Nibulon’s capacity for grain exports to up to 8 million tonnes per year, help…

Human errors involved in managing contaminated Lactalis’ baby milk

FRANCE - French retailers have blamed human errors to be involved in managing the contaminated Lactalis baby milk, a position they have defended concerning the Lactalis baby milk scandal. The retailers, who included representatives from Carrefour, Casino, Leclerc, Intermarché, Auchan, Système U and Cora said that despite Lactalis’ move to recall its baby milk, they…

IOI Loders Croklaan, Kerry Group collaborate to implement Small-Growers Support Program

MALAYSIA - IOI Loders and Kerry Group in collaboration with Wild Asia and Fortuna Palm Oil Mill have entered into a partnership to implement Small-Growers Support Program with an aim to boost small farmers’ productivity. Farmers with 0-500Ha land will be involved in IOI’s supply chain and these groups will support them in putting in…

BakeMark acquires Multifoods brand and two manufacturing facilities from CSM Bakery Solutions

USA - BakeMark USA LLC., a dealer in bakery ingredients, products and supplies has announced the acquisition of Multifoods brand and two manufacturing facilities from CSM Bakery Solutions. BakeMark will enjoy a broad portfolio from Multifoods brand as well as an expanded manufacturing footprint with the acquisition of the two manufacturing facilities located in Elyria,…

Super Group experiences good revenue growth in end-December 2017

SOUTH AFRICA - Super Group, a broad-based supply chain management business,  has said it had good revenue growth throughout the company in the six months to End-December 2017, pushing aside political uncertainty and adverse trading conditions in Africa, Europe and the UK. Australian economic conditions were stable, with good growth in certain industries, the supply…