FrieslandCampina sells cream liqueurs unit Creamy Creation to Wagram

NETHERLANDS – Dutch dairy multinational, FrieslandCampina has reached an agreement to sell its cream liqueur manufacturer Creamy Creation to Dutch investment company Wagram Equity Partners (Wagram). The transaction whose details were not disclosed includes the production of cream liqueurs in Rijkevoort and sales office in Paramus (the United States of America).    The company said…

Danone reports 0.8% rise in first-quarter sales, maintains full-year outlook

FRANCE – Global dairy giant, Danone has reported 0.8% increase in first-quarter sales to US$6.89 billion (€6.13 billion), confirming 2019 full-year profit guidance. The company expects like-for-like sales growth of around 3% and recurring operating margin of more than 15% in the year 2019. Consolidated sales during the quarter were boosted by a 3% rise…

FSIS proposes to remove dual labeling for some meat and poultry products

USA - The Food Safety and Inspection Service of the U.S. Department of Agriculture has proposed to remove dual labeling requirements for certain amounts of meat and poultry products. This involves duplicative net weight and net content requirements for packages that contain certain amounts of meat or poultry products. The proposed regulation would apply to…

Muller invests in Milk & More delivery fleet to expand UK operations

UK – Dairy company, Muller has announced that it is set to invest in its milk delivery service, Milk & More by expanding its fleet of electric vehicles for more deliveries in the UK. The company said it is rolling out 160 new environmentally friendly electric delivery vehicles, taking its fleet to just over 500…

Pernod Ricard to acquire Italian premium gin brand Malfy

ITALY – The global spirits company, Pernod Ricard has agreed to acquire the Italian super-premium gin brand Malfy from Biggar & Leith for an undisclosed sum. Malfy makes a range of super-premium gins distilled by the Vergnano family in the Italian region of Moncalieri, and already present in several international markets such as the United…

U.S. beef, poultry and egg products gain new market access in Tunisia

TUNISIA - Tunisia has opened its market for beef, poultry, and egg products from the United States following an agreement between the two governments to allow importation of the products into the country. Sonny Perdue, U.S. Secretary of Agriculture said the agreement strengthens the United States Departments of Agriculture (USDA) commitment to expanding its reach…

South Africa Tiger Brands prepares against listeriosis class-action lawsuit

SOUTH AFRICA - Tiger Brands, a packaged-food company based in South Africa, announced that it is set to defend its position in the class action lawsuit against the company following the listeriosis outbreak of 2018. In a statement issued to Johannesburg Stock Exchange, the consumer goods company said it has received a summons in respect…

Ghana commences trade of soybean at commodity exchange platform

GHANA - The Ghana Commodity Exchange (GCX) has commenced the sale of soybean through the platform in a move to formalise and develop the value chain. Speaking during the launch of soybean on the Exchange platform, Dr Kadri Alfah, the Chief Executive officer of GCX said that the platform will improve the value chain, reports…

Zimbabwean government partners private investors to boost milk production

ZIMBABWE – The government of Zimbabwe is set to partner investors in the private sector to facilitate implementation of a comprehensive strategy that seeks to boost milk production in the country. The move is part of the government’s intervention to progressively reduce the 44.6 million litres milk supply deficit depicted in the country’s production of…

Ethiopian government to privatize 13 sugar factories to improve efficiencies

ETHIOPIA - The Ethiopian government has embarked on the process of privatizing 13 sugar factories that are operational or under construction as it seeks to enhance efficiency and improve productivity. According to Addis Fortune, the ministry of finance and the Ethiopian Sugar Corporation have released a request for information (RFI) which will be used to…