According to the ‘Australian Food Statistics 2011-12’ report released recently by the Australia Government, Australia’s dairy exports were worth $2,311 million in 2011-12.
Strategic acquisitions during the year’s first quarter suggest an appetite for growth across the grocery store. Hormel Foods Corp.’s acquisition of Skippy peanut butter, announced in January, expands its branded presence in the center store.
An investor group led by Joh. A. Benckiser GmBH, Ludwigshafen, Germany, has made an offer to acquire the D.E Master Blenders 1753 coffee company for €12.50 ($16.36) per share.
The Agri-Food and Veterinary Authority of Singapore (AVA) lifted a ban imposed after the Fukushima disaster on food imports from seven prefectures in Japan.
Tesco Plc (TSCO)’s exit from its unprofitable Fresh & Easy U.S. business may cost the U.K.’s largest grocer about 250 million pounds ($382 million) in cash, Shore Capital (SGR) estimates.
JBS S.A. announced the company has re-opened senior unsecured notes at $275 million with a yield of 6.25 percent. JBS and JBS Hungary Holdings Kft will secure the notes.
Royal DSM completed the acquisition of São Paulo, Brazil-based Tortuga Companhia Zootécnica Agrária, a nutritional supplements firm that specializes in pasture-raised beef and dairy cattle, for 440 million euros ($572.5 million).
The easyday chain of retail stores, owned and operated by Bharti Retail Ltd, is offering farm fresh produce and a wide variety of `Navratra Special’ food items to mark the festival of Navratra starting April 11, 2013.
Spain has banned the import of Dominican peppers due to the presence of Endosulfan in 0.14 mg/kg - ppm, according to information from the Rapid Alert System for Food and Feed (RASFF).
Marfrig Group, one of the world’s largest food producers, announced it has joined in a partnership with other organizations to promote sustainable cattle production in the Amazon region.
ConAgra Foods, Inc. expects “bumps and bruises” as it works to integrate its recently acquired Ralcorp business, said Gary Rodkin, chief executive officer of ConAgra Foods.
Own-label convenience food manufacturer Bakkavör has confirmed it had received approval from the French and Spanish competition authorities for the sale of several of its European food businesses.
A new, sprawling show room in Beijing’s embassy district showcasing imported American sea cucumbers is the latest proof of firms here switching to premium, wild sea cucumbers as prices slip for the domestically cultivated crop.
The Coca-Cola Company claims to have published the ‘world’s first tastable print ad’ with Middle Eastern print adverts made out of rice paper and infused with the taste of Fanta.
Holland’s, a manufacturer of pies, puddings and pastries based in Lancashire, England, has announced that it has secured a national listing with the UK’s independent online grocer, Ocado.
