Cargill-DSM joint venture starts commercial-scale production of EverSweet stevia sweetener

USA – Avansya, the joint venture between Cargill and Royal DSM, has started production of stevia sweeteners at the new US$50 million commercial-scale fermentation facility in Blair, Nebraska, US. The 10,000 square-foot stevia sweetener fermentation […]

Ajinomoto forms JV with Accenture to accelerate operational transformation

JAPAN – Tokyo-based seasonings major, Ajinomoto has reached an agreement to form a joint venture with Accenture in Japan, to help the food and biotech company accelerate its operational transformation. The new company, Ajinomoto Digital […]

Australia’s Wattle Health forms joint venture with Chinese dairy company

CHINA – Wattle Health, an Australian nutritional products maker has formed a joint venture with state-backed Chinese dairy company, Nouriz Fine Food to manufacture and sell a range of certified Australian organic nutritional dairy products in […]

Private Equity firms DOB, AHL Ventures jointly acquire Kenyan Cropnuts Laboratory

KENYA – Dutch DOB Equity, a family-backed impact investment firm that invests in impactful and innovative businesses in East Africa has added local agro firm Cropnuts to its Kenyan portfolio in partnership with AHL Ventures […]

Brazilian meat processor Minerva forms joint venture with Chinese distributors

BRAZIL – Minerva, a South American meat packer has signed an agreement with two Chinese meat distributors to form a joint venture aimed at exploring commercial opportunities in the Chinese market. Minerva has signed a […]

Luckin Coffee forms joint venture with Louis Dreyfus tapping into the juice market

CHINA – Luckin Coffee, a Chinese chain of coffee shops start-up has signed an agreement with Dutch-headquartered agricultural goods producer and seller Louis Dreyfus Company (LDC) to form a joint venture and develop Luckin Juice […]

Barentz forms JV with SK Chemtrade to accelerate growth in South Africa

SOUTH AFRICA – Barentz International, a leading global ingredient distributor has formed a joint venture with South Africa headquartered raw materials supplier SK Chemtrade Services as it seeks to expand in the market. SK Chemtrade, […]

Diageo forms joint venture to distribute Santiago de Cuba rum

UK – Diageo, through its Europe subsidiary and Corporación Cuba Ron have formed Ron Santiago as a joint venture that will have exclusive global distribution rights to Cuban rum brand Santiago de Cuba. Diageo said […]

Ingredion increases investment in Verdient Foods to expands production capabilities

CANADA – Ingredion, Inc. has unveiled plans of increasing its investment in Canada-based Verdient Foods to US$185 million from US$140 million by the end of 2020. The investment in Verdient Foods, a joint venture it […]