Parmalat acquires Kraft Heinz’s Canadian natural cheese business for US$1.2b

CANADA – Kraft Heinz has announced that it has agreed to sell its Canadian natural cheese business to Parmalat for US$1.23 billion with the transaction expected to close in the first half of 2019, subject to regulatory review and approval. The agreement includes the sale of natural cheese brands Cracker Barrel, P’tit Quebec and aMOOza! in the Canadian market. As…

Tiger Brands and Stellenbosch University launch South Africa’s first food safety centre

SOUTH AFRICA – South Africa’s packaged goods company, Tiger Brands in partnership with Stellenbosch University has launched the first Centre for Food Safety in the country. Formation of the centre comes in the aftermath of a deadly listeria outbreak in the country said to have originated from Tiger Brands’ Polokwane processed meat factory. According to Tiger…

Monster Beverage net sales cross US$1b helped by international expansion in Q3

USA – Monster Energy drink producer, Monster Beverage Corp has said net sales for the 2018 third quarter increased 11.7% to US$1.02 billion from US$909.5 million in the same period last year. According to the company, net and gross sales for the three-months ended September 30, 2018 were impacted by advance purchases made by customers due to…

JBS signs US$1.5b meat supply deal with Alibaba’s Win-Chain

USA – The American meat processor, JBS has secured a three-year supply deal with Alibaba’s data-driven global sourcing platform for perishable food, Win-Chain to increase its meat export to the Chinese market. The deal which include beef, poultry and pork products will see JBS start supplying Win-Chain within the next 30 days. As part of…

Flowers Foods acquires the gluten-free baker Canyon Bakehouse for US$205m

USA – Flowers Foods, the American premier baker has agreed to acquire Canyon Bakehouse, a gluten-free baking company based in Colorado, for approximately US$205 million. This includes a performance-based contingent payment of US$5 million, subject to regulatory approval and customary closing conditions. The transaction is expected to be completed later in the fourth quarter of 2018.…

Nestle opens a new milk chilling centre in Sri Lanka to boost supply

INDIA – Nestle has opened a new milk collection centre in Sri Lanka to boost its manufacturing capacity for dairy products in the country. It also strengthens Nestle’s commitment to local sourcing in the region, where it supports approximately 20,000 Sri Lankan dairy farmers. According to the company, the new site is expected to benefit…

DSM unveils new culture for premium creamy stirred yoghurts

NETHERLANDS – The global health and nutrition company, Royal DSM has launched a new range of culture for the production of premium stirred, mild and creamy yoghurts. The new product, Delvo®Fresh YS-140 is an addition to the company’s range of cultures that seeks to meet the increasing demand for premium yoghurts that offer both health…

International Breweries appoints Andrew Scott Murray as a Non-Executive Director

NIGERIA – Nigeria based International Breweries Plc has appointed Mr. Andrew Scott Murray as a Non-Executive Director of the company. In a company statement, the company indicated that Mr. Murray is currently the Vice-President, Finance for AB InBev Africa, leading the finance function across the AB InBev Africa operations, based in Johannesburg, South Africa. He…

WFP and USAID partner on a US$22m initiative to boost food security in Zimbabwe

ZIMBABWE - The World Food Programme (WFP) in collaboration with the United States Agency for International Development (USAID) has initiated a US$22 million Lean Season Assistance programme to boost food security in Zimbabwe. According to the Herald report, the programme running for the 2018/19 season will support over 430,000 Zimbabweans who are food insecure. In…

SA Breweries awards liquor traders with development certificates

SOUTH AFRICA – South African Breweries (SAB), Johannesburg-headquartered subsidiary of AB InBev has awarded licensed liquor traders with the Retailer Development Programme (RDP) certificates. This follows a successful training period which aim to provide the traders with skills necessary to grow their businesses, reports Africa News Agency. More than 150 licenced liquor traders based in…