Indonesia's PT Indofood Sukses Makmur Tbk, one of the world's biggest instant noodle makers, has agreed to sell its entire 49 percent stake in a unit to Japan's Nissin Foods Holdings Co Ltd for $5.4 million.
Swiss milk and cereal products company Hochdorf has announced that it processed a total of 255.9 million kg of milk, whey and permeate in the first six months of the year (+11.5% compared to the previous year).
To celebrate its new music download cans and the launch of its Citrus Storm flavour, No Fear Extreme Energy is going “on tour” to take over a number of skate parks in London, Manchester, Leeds and Sheffield.
Following what the company says is years of research and development, Crisp Sensation has announced that its licensee Royaan has launched the first products made with its crumb coating.
Tilda the Basmati brand is building on the success of Tilda Steamed Basmati wholegrain by launching two varieties of Brown Basmati & Quinoa into the ready-to-heat rice market.
This Halloween, the UK’s yoghurt business The Collective is launching a Spiced Pumpkin Limited Edition, available from 18th September and throughout October with an RRP £2.39 for a 500g pot.
Arnott’s Marleston bakery facility is letting go of 120 staff members, and will shift thirty percent of its production to other manufacturing sites in Australia.
China's largest food and beverage maker Tingyi (Cayman Islands) Holding Corp (0322.HK) said on Monday its first-half net profit rose 17.9 percent, helped by falling prices of raw materials and increased controls over operational costs.
Singapore commodities firm Olam International Ltd has agreed to sell a 25 percent stake in its packaged foods operations to Japanese instant noodle maker Sanyo Foods for $187.5 million
