Freedom Foods, a producer of gluten-free products based in Australia, has developed Blushing Banana Berry Crunch breakfast cereal, a gluten-free breakfast for children.
US investment firm Trian Fund Management, which is headed by activist investor Nelson Peltz, has acquired 1% stake in Danone - the French dairy company which is estimated to have a market capitalization of approximately $37bn.
Tate & Lyle will pump up to £30m ($48m/€36.5m) over eight-years in a new venture capital fund that will invest in start-ups and expansion-stage companies in food sciences and enabling technologies.
Allied Bakeries has secured an important win as it strikes a supply contract with UK retailer the Co-op that Premier Foods has been forced to cut, ABF’s finance director says.
China's Bright Food Group Co Ltd is pledging to sell and promote the breakfast cereal Weetabix in China and the rest of Asia using its existing distribution channels and experience.
