AfDB approves US$13.2m funding for sustainable fisheries, aquaculture development in Malawi

MALAWI – The African Development Bank Group (AfDB) has approved a US$13.2 million financing package from the African Development Fund for a fisheries and aquaculture development project in Malawi for sustainable fisheries, aquaculture development and […]

Del Monte Foods expands its snacking portfolio with launch of dairy-free parfaits

USA – Del Monte Foods has launched a new line of non-dairy parfaits dubbed Fruit Crunch Parfaits available in four different flavors as it continues to expand its snacking category. The new snacking innovation comes […]

Hain Celestial sells two US brands to Hometown Food for US$15m

USA – The organic and natural products company, Hain Celestial has closed the sale of its Arrowhead Mills and SunSpire brands to Hometown Food Company in a US$15 million deal. The transaction includes the Arrowhead […]

United States sign trade deal with Japan on food and agricultural exports

USA – The United States and Japan have officially signed a trade deal on food and agricultural exports as the two countries continue to deepen and modernize their trade relationship. The deal, which was announced […]

Dawn Farms acquires German cooked meats company Haas

IRELAND – Dawn Farms, Europe’s largest specialist cooked meats ingredients business, has acquired German protein supplier Haas as it continues to consolidate its business in the European market. Established in 1994, Haas is a mid-sized […]

Nestlé opens new US$22m juice manufacturing plant in Pakistan

PAKISTAN – Nestlé has inaugurated a new juice production plant in in Sheikhupura, Pakistan with an investment of US$22 million. The Nestle Fruita Vitals plant has a capacity of 24,000 units per hour and will […]

Indian frozen snacks maker Foods & Inns acquires Kusum Spices

INDIA – Foods & Inn, an Indian-based fruits processor and frozen snacks manufacturer has acquired Kusum Spices based in Mumbai for US$1.97 million (Rs 13.99 crore). Under the transaction, Foods & Inns will enter into […]