Parag Milk to buy Danone’s closed facility to serve northern India

INDIA - Parag MilkFoods on Thursday said it will acquire French food giant Danone’s Indian manufacturing facility for Rs 30 crore (US$4.53 million) The facility at Rai in Haryana’s Sonepat area produces curd, yogurt among other dairy productsand the acquisition is aimed at expanding Parag's presence in the northern part of the country. "North market contributes…

A2 Milk Co signs distribution deal with Yuhan Corp in South Korea

SOUTH KOREA - A2 Milk Co, a New Zealand public listed company, has signed an exclusive distribution deal with Yuhan Corp in South Korea, more than a decade after an earlier foray into that country which ended in litigation. According to New Zealand Herald, the Auckland-based, Sydney-headquartered company signed an exclusive sales and distribution agreement…

Nigeria to import more rice and wheat as consumption needs rise

NIGERIA - Nigeria, one of the largest economies in Africa is set to import more grain supplies; wheat and rice to meet increasing consumer needs, consumption rates impacted by an influx of refugees in the country. According to a report by the Global Agricultural Information Network (GAIN) of the USDA, the country’s rice production is…

Olam launches a sustainable and traceable sourcing solution for agricultural raw materials

SINGAPORE - Olam International, a leading global agri-business has launched AtSource, a sustainable and traceable sourcing solution that will provide unrivalled environmental and social insights into the journey of agricultural raw materials. It will also help in getting food ingredients from the farm to manufacturing and retail customers. AtSource will also enhance Olam’s ability to…

Bio Foods debuts packaging with less impact, starts package take back program

KENYA  – Kenyan specialty dairy company Bio Food Products has introduced new packaging for its range of long life products, which it says have less environmental impact. The new Bio Fresh Milk bottles are made using 30% less polyethylene terephthalate, or PET. The company has also launched a new 2-litre Bio Fresh Milk bottle, which…

Rwandan DSM’s venture, AIF nominated for Global Award

RWANDA - The Rwandan fortified food factory, Africa Improved Foods (AIF), has been nominated as a finalist to the 2018 World Changing Ideas Awards (WCIA), in the food category, reports KT Press. WCIA, now in its second year, celebrates businesses, policies, and non-profits that are poised to help shift society to a more sustainable and…

Ethiopia’s National Alcohol & Liquor Factory launches new product ‘National Vodka’

ETHIOPIA - The National Alcohol & Liquor Factory (NALF) of Ethiopia has expanded its vodka portfolio by launching a new product ‘National Vodka’ into the local market. At the time of the launch, the AddisFortune reported that the alcoholic vodka product, which is a year in its making, will be available in the market in…

US farm recalls 207 million eggs in the US amidst Salmonella scare

USA - A US farm, Rose Acre Farms has recalled 207 million eggs supplied in the US after it was reported that more than 20 consumers became ill from suspected salmonella poisoning, reports Fin24. According to the US Food and Drug Administration, the eggs from the facility in North Carolina could have been contaminated with…

Mars Wrigleys Confectionery expands its Dove Sorbet range with new mango treat

USA - Mars Wrigley Confectionery, a recognized leader in confections, has introduced a new range to its DOVE Sorbet bar range called DOVE Mango Sorbet with Dark Chocolate. According to the company, the new treat blends together the silky smooth DOVE Chocolate with tropical mangos, making it the new ultimate combination of fruit and chocolate.…

Danone reports its first-quarter results with 10.8% increase in sales

FRANCE - Danone, a French multinational food-products corporation has reported its first-quarter results with a 10.8% increase in sales to Euro 6,085 million (US$7,477 million) boosted by its strong performance in infant nutrition foods in China. The company reported a strong start to the year with an increase of 4.9% sales growth and very strong…