Fazer Group acquires Finish gluten-free bakery and milling businesses

FINLAND – Finland-based food processor, Fazer Group has acquired Vuohelan Herkku’s bakery and milling businesses as the company continues executing its growth strategy and investing in growing product categories. Vuohelan is one of the forerunners […]

Organisational evolution in Aryzta North America as company names new CEO & CCO

USA – Aryzta North America has appointed Tyson Yu as the company’s new Chief Executive Officer and John Heffernan as President and Chief Commercial Officer (CCO) North America effective 1 February, 2020. Tyson Yu will […]

Zambia Cooperative Federation acquires majority stake in Kasama milling

ZAMBIA – THE Zambia Cooperative Federation (ZCF) has entered into an equity partnership with Kasama Milling to own 70% shares in the milling company while Kasama to own 30% in bid to reduce the mealie […]

Reprive to food and agriculture sectors as US and China sign phase one of trade agreement

USA – The United States and Republic of China have reached a consensus on the first phase of the trade agreement in a deal that is expected to significantly benefit the American Agricultural sector. The […]

Ceres Global’s chief financial officer Kyle Egbert steps down

USA – Agricultural, energy and industrial products merchandising and supply chain company, Ceres Global has announced that its Chief Financial Officer, Kyle Egbert, will be leaving the company in February 2020 to pursue a new […]

Private investment house Ardian acquires bakery solutions provider Cérélia

FRANCE – New York based private investment house, Ardian has acquired French pizza dough and pie crust maker, Cérélia SA from private-equity peer, IK Investment Partners in a deal valued at about US$900 million. Cérélia […]

Glencore Agriculture increases stake in Argentinian food processor Renova

ARGENTINA – Glencore Agriculture has acquired an additional 16.67% in its Argentinian supply chain and processing joint venture, Renova to become the majority owner with 66.67% shareholding in the company. Glencore Agriculture purchased the stake […]

Raisio invests US$50m in plant-based value added products facility

FINLAND – Raisio Group is investing approximately €45 million (about US$50 million) in building a production facility to manufacture plant-based value added products. The facility is scheduled to be completed in 2021 and will complement […]

Pestell Nutrition acquires animal feed ingredients distributor Origination O2D

USA – Wind Point Partners-backed Pestell Nutrition has acquired Origination O2D, a Minnesota-headquarted value‐added distributor of animal feed ingredients. Pestell Nutrition said that the acquisition of O2D is a highly strategic move to the company […]

Cargill reports double digit growth in second quarter earnings

USA – Cargill reported 19% growth in adjusted operating earnings to US$1.02 billion for the fiscal 2020 second quarter ended November 30, 2019 supported by growth in the animal nutrition & protein, and industrial & […]