AGI completes acquisition of Indian rice equipment firm Milltec for US$82m

INDIA – Ag Growth International Inc. (AGI), the Canadian engineering and manufacturing solutions provider has completed the acquisition of Milltec Machinery Ltd for US$82 million (CAD 109.5 million). Headquartered in Bangalore, India, Milltec is a manufacturer of rice milling and processing equipment in India. In addition to the purchase price, AGI has the potential for…

China halts imports from Viterra as ban on Canadian canola widens

CHINA – China has stopped importation of canola from Viterra, one of Canada’s largest grain handling business as crackdown on Canadian canola expands. Viterra becomes the second company whose registration has been cancelled by Canadian authorities after shipments from top exporter Richardson International were rejected earlier this month. The order ban which is effective immediately…

Coca-Cola Canada invests US$14.9m to support ‘mini bottle’ production

CANADA – Coca-Cola Canada Bottling Ltd has announced that it has invested US$14.9 million (CAD 20 million) to upgrade production line capabilities at the Brampton plant to support mini bottle production. According to the company, the investment will initially create three new jobs with the potential to provide more employment opportunities in the future. It…

Canada’s soybean exports to China more than triples despite production decline

CANADA – Canadian soybean exports to China increased by 230% through the first half of MY 2018/19 despite a decline in production, according to the Global Agricultural Information Network report from the U.S. Department of Agriculture. The report attributed the increase to a record high production in Ontario, high carryover stocks, and Eastern Canadian access…

Viterra opens new high throughput grain facility in Canada

CANADA – Canada’s largest grain handler, Viterra has opened a new high throughput grain facility at Vegreville in Alberta, Canada. The inauguration ceremony was attended by Viterra customers, employees and government officials, reinforcing the company’s commitment to invest in northwest Alberta.  The facility has a storage capacity of 34,000 tonnes and is capable of loading…

Canada’s Growpacker gets backing to launch cannabis brand incubator program

CANADA – Canadian contract manufacturer of THC & CBD infused consumable liquids, dry goods, and health & wellness products, Growpacker has launched a new incubator programme to fast-track cannabis brands. Also participating in the programme is Ceria Brewing Company, the Colorado craft brewery and the maker of Blue Moon beer. The brand incubator and accelerator…

Azelis acquires Canadian specialty ingredients and chemicals firm Chemroy

CANADA – Leading chemicals and ingredients supplier, Azelis has announced that it has acquired 100% shareholding in Canadian distributor of specialty chemicals and food ingredients, Chemroy for an undisclosed amount. Azelis said that the transaction will position it as one of the leading ingredients and chemicals distributor in Canada, with a strong presence in chemicals,…

Saputo appoints Carl Colizza as Chief Operating Officer for N. America

CANADA - Canadian dairy company, Saputo has appointed Carl Colizza as President and Chief Operating Officer for North American operations effective April 1, 2019. Prior to his appointment, Colizza was responsible for the dairy company’s businesses in Canada and Argentina. He will report to the Company’s President and Chief Operating Officer, Kai Bockmann who also…

Tilray to acquire hemp foods producer Manitoba Harvest for US$318.5m

CANADA - Canadian pharmaceutical and cannabis company, Tilray has announced that it has entered a definitive agreement to acquire the securities of FHF Holdings trading as Manitoba Harvest for a consideration of US$318.56 million (CAD 419 million). Tilray, which is the one of the largest and most sophisticated producers of premium medical cannabis in the…

Brenntag Canada partners BI Nutraceuticals to expand ingredients portfolio

CANADA – The American food ingredients supplier, BI Nutraceuticals (BI) has partnered with Brenntag Canada Inc, a leading chemical distribution company as it looks to strengthen its portfolio in Canada. According to the companies, the partnership, set to be effective starting March 1, 2019 will allow Brenntag to widen its portfolio to include ingredients that…