Campbell Soup completes acquisition of Pacific Foods for US$700m

USA - Campbell Soup has announced its completion of the acquisition of Pacific Foods of Oregon (Pacific Foods) for US$700 million in cash, subject to customary purchase price adjustments. A leading producer of organic broth and soup, Pacific also produces shelf-stable plant-based beverages and other meals and sides. According to the company, organic food is…

FSSAI issues new regulation, common logo for organic foods

INDIA – Indian food safety and standards regulator FSSAI has released a unified regulation on organic foods in the country, as the country hopes to tap into growing worldwide demand. It has also launched a common logo with a tagline ‘Jaivik Bharat’ to be used on certified organic foods to act as a symbol of…

Unilever acquires Brazilian natural and organic business Mãe Terra

BRAZIL – Anglo-Dutch group Unilever has signed a deal to acquire the Brazilian natural and organic food business Mãe Terra for an undisclosed sum. Mãe Terra is a fast growing brand in Brazil, which provides health-conscious consumers with organic and nutritious food products since its establishment in 1979. Unilever’s purchase of Mãe Terra marks the…

Danone invests in French organic baby food start-up Yooji

FRANCE – Danone Manifesto Ventures has announced its investment in the French organic food start-up Yooji, the value of which has not been disclosed. The investment highlights Danone’s response to a consumer shift towards healthy living as their tastes are drawing the company interests towards the food and manufacturing industry, to promote healthy lifestyles. However,…