Biotech crops presenting a solution to nutrition and climate change challenges; ISAAA report

JAPAN – Countries across the world have progressively embraced the utilisation of biotech crops, with this year marking 23 solid years of continuous biotech crop adoption. According to a recent report released by the International […]

Nestlé Health Science expands into personalized nutrition with acquisition of Persona

SWITZERLAND – Nestlé Health Science (NHSc), through its USA based Atrium Professional Brands business has acquired PersonaTM in a move that seeks to enable the company expand into personalized nutrition sector. Established in 2017, PersonaTM […]

Global animal and pet nutrition ingredients market to hit US$24bn by 2025

WORLD – Growth prospects in the global animal and pet nutrition ingredients market look promising over the next six years, according to a recent Frost & Sullivan forecast. Frost & Sullivan expects the total market […]

Ajinomoto to acquire majority stake in US liquid seasonings producer MTG

USA – Japan based seasonings producer, Ajinomoto Group has signed a share purchase agreement to acquire a 50.1 percent equity stake in US-based French sauces and stocks producer More Than Gourmet Holdings (MTG). The agreement […]

Tribunal conditionally approves merger of South Africa’s ostrich processing giants

SOUTH AFRICA – The Competition Tribunal has approved the merger between the biggest ostrich processing companies, Klein Karoo International (KKI) and Mosstrich. The companies supply ostrich slaughter and ostrich feather-related services to ostrich farmers and […]

CK Asset to acquire UK pub company Greene King for US$3.27bn

UK- CK Asset Holdings, a Hong-Kong based property investment firm has entered into an agreement to acquire UK pub and beer company Greene King for US$3.27 billion (£2.7 billion). Greene King, Britain’s largest pub retailer […]

Danish Brewing acquires Carlsberg distributor in Kenya King Beverage

KENYA – Danish Brewing East Africa Limited, a subsidiary of Bounty Global Management firm, has acquired Carlsberg and Tuborg beers distributor in Kenya, King Beverage Limited from Centum Investment. Established in 2014, King Beverage enjoys […]

Plant-based foods associated with a lower risk of heart diseases, study shows

USA – Diets higher in plant foods and lower in animal foods are associated with a lower risk of cardiovascular disease and mortality in a general population, according to new study by Journal of the […]

Ceres Global completes acquisition of Canadian Delmar Commodities

CANADA – Ceres Global, a global agricultural, energy and industrial products merchandising and supply chain company has completed its acquisition of Manitoba, Canada based Delmar Commodities Ltd. According to Ceres, the acquisition includes 100% of […]

Hershey acquires stake in Irish protein bar maker Fulfil Holdings

IRELAND – American chocolate manufacturer, The Hershey Company has announced a minority investment in Irish protein bar manufacturer Fulfil to expand its business in Europe. Fulfil Holdings, which was founded in 2016, is a one […]