Bumble Bee Foods forms joint distribution venture with Gathered Foods

USA – North American branded seafood company, Bumble Bee Foods has formed a joint venture partnership with Gathered Foods Corporation, makers of Good Catch plant-based seafood products. Under the partnership, Bumble Bee will leverage its […]

Olam International sells stake in Indonesian sugar joint venture to Mitr Phol

SINGAPORE – Global food and agri-business Olam International has entered into an agreement to sell its remaining 50% stake in Indonesian sugar joint-venture, Far East Agri to its joint venture partner Mitr Phol Sugar Corporation. […]

Tyson Fresh Meats and Jacob Stern & Sons form fats and oils joint venture

USA – Tyson Fresh Meat, the beef and pork subsidiary of Tyson Foods, and Jacob Stern & Sons have launched a joint venture, JST Global, to serve the worldwide fats and oils market. The companies […]

Barentz International forms joint venture with Matco Foods in Pakistan

PAKISTAN – Dutch specialty ingredients distributor, Barentz international has formed a joint venture with Pakistan based Matco Foods Limited to better serve the rapidly growing Pakistani food processing market. Backed by the International Finance Corporation […]

PepsiCo and Tata Global Beverages to review their Indian joint venture

INDIA – Tata Global Beverages and PepsiCo India have agreed to review the terms of their agreement in NourishCo Beverages, a joint venture the two companies formed a decade ago, reports ET Retail. The review […]

Nissin Foods forms joint venture company to strengthen foothold in China

CHINA –Tokyo based instant noodles and frozen foods manufacturer, Nissin Foods has signed a cooperation agreement with Ms. LIU Feng, founder of the Dongfeng Group to form a joint venture company in China. Nissin Foods […]

Nestlé sells 60% stake in packaged meat business Herta, creates joint venture

SPAIN – Nestlé has agreed to sell a 60% stake of its packaged meat business, Herta to Casa Tarradellas and create a joint venture with the Spanish food company. Nestle will subsequently hold a 40% […]

Cargill-DSM joint venture starts commercial-scale production of EverSweet stevia sweetener

USA – Avansya, the joint venture between Cargill and Royal DSM, has started production of stevia sweeteners at the new US$50 million commercial-scale fermentation facility in Blair, Nebraska, US. The 10,000 square-foot stevia sweetener fermentation […]

Ajinomoto forms JV with Accenture to accelerate operational transformation

JAPAN – Tokyo-based seasonings major, Ajinomoto has reached an agreement to form a joint venture with Accenture in Japan, to help the food and biotech company accelerate its operational transformation. The new company, Ajinomoto Digital […]

Australia’s Wattle Health forms joint venture with Chinese dairy company

CHINA – Wattle Health, an Australian nutritional products maker has formed a joint venture with state-backed Chinese dairy company, Nouriz Fine Food to manufacture and sell a range of certified Australian organic nutritional dairy products in […]