Campari Canada invests US$5m for renovation of its Ontario distillery

CANADA - Campari Canada has announced an investment of US$5 million for the renovation and redevelopment of their Grimsby, Ontario distillery for Forty Creek Canadian Whisky. The investment is another milestone in the European company's strategy to make Canada a priority market for investment and innovation. According to the company, it has invested well over…

Nestlé acquires Canadian provider of nutritional products for US$2.3b

CANADA - Nestle has announced its agreement to acquire privately-held Atrium Innovations, a global leader in nutritional health products, from a group of investors led by Permira Funds for US$2.3 billion in cash. According to the company, Atrium with its corporate offices in Quebec, Canada, will become part of Nestlé Health Science, upon closing of…

Molson Coors announces Sergey Yeskov new President and CEO

USA - Molson Coors Brewing Company has announced that Sergey Yeskov, currently Chief Sales & Customer Excellence Officer, has been promoted to the role of President and Chief Executive Officer, Molson Coors International, effective January 1, 2018. Yeskov had successfully led Molson Coors Croatia & Bosnia business to sustained share and profit growth before transferring…

Chinese company invests in Canada infant nutrition plant

CANADA - The government of Ontario has invested US$18.7 million in support of the subsidiary of Feihe International to build a baby formula facility in the Canadian province. Ontario Premier Kathleen Wynne met with Feihe International in Beijing to discuss the company’s plans to build its first baby formula production facility outside of China. According…

US beer maker acquires stake in Canadian medicinal cannabis producer

CANADA - Leading American alcoholic beverages producer Constellation Brands has acquired a 9.9% minority stake in Ontario, Canada-based Canopy Growth Corporation,  the leading provider of medicinal cannabis products in Canada for US$245 million. According to the company, the investment and relationship are set to lend insights on the emerging and evolving consumer trends in the…

Indian colour maker Roha acquires Canadian business

INDIA – Indian colours supplier Roha has acquired Cambrian solutions colour business in Canada, in a bid to expand on its vision to stay true to local values while providing products and services of global standards. According to FoodIngredientsFirst, Cambrian has been working in Canada since 1997 to build the synthetic colour business exclusively on…

Alberta Wheat Commission elects chairman of Canadian Wheat Research Coalition

CANADA – Alberta Wheat Commission has elected Terry Young, as the inaugural chairman of the Canadian Wheat Research Coalition, which was formed to facilitate long-term investments aimed at improving profitability in wheat farming. Reiter, director of the Saskatchewan Wheat Development Commission (SWDC), has been elected vice-chair, while Jefferies, a director at the Manitoba Wheat and…

FDA approves peanut allergy health claim

USA – The Food and Drug Administration (FDA) has approved a qualified health claim for peanut, supporting continuing evidence that early introduction of the nut to infants can eliminate peanut allergy later in life. The claim states, “For most infants with severe eczema and/or egg allergy who are already eating solid foods, introducing foods containing…