Mengniu Dairy offers to acquire infant formula producer Bellamy’s for US$1bn

CHINA – Mengniu Dairy one of China’s largest dairy companies has offered to acquire Australia’s leading organic infant formula producer, Bellamy’s for approximately AUS1.5 billion ($1 billion). Bellamy’s said its board has unanimously recommended shareholders […]

AB InBev’s Carlton & United Breweries acquires Riot Wine to expand portfolio

AUSTRALIA – Brewing giant Carlton & United Breweries, a subsidiary of AB InBeV has acquired Australian wine company Riot Wine Co, for an undisclosed sum. The deal marks Carlton & United Breweries’ entry into the […]

USDA invests in scientific research programme to promote sustainable agricultural practices

USA – US Department of Agriculture (USDA) through the National Institute of Food and Agriculture (NIFA) has invested US$77.8 million in research that will focus on sustaining a more abundant, nutritious, and accessible food supply. […]

China grants six month transition period for new pet food labels

CHINA – The Chinese Ministry of Agriculture and Rural Affairs (MARA) has issued an additional six months transition period for domestic and foreign pet food producers to transition to new labels as per the new […]

Indian snacks major Haldiram’s plans US$10m investment in Frozen Bottle

INDIA – Haldiram Snacks, one of the leading snacks and sweet producer in India is in advanced talks to invest in Bengaluru-based milk shake brand Frozen Bottle. According to a DealSteerAsia report, Haldiram’s is looking […]

Kenyan coffee earnings drop by US$28.9m in 11 months to August

KENYA – Kenya coffee earnings in the 11 months to August 2019 declined to sh11bn (US$106M) representing a Sh3bn (US$28.9M) decline from from Sh14 billion (US$134.9M) that was realized in the same period last year, […]