Hormel Foods sells Fremont processing facility to WholeStone Farms
Hormel Foods Corporation, a Minnesota headquartered global branded food firm, has reportedly announced to have inked a definitive contract to sell its Fremont, Nebraska-based processing unit to WholeS....
Coca-Cola challenges Gatorade, buys minority stake in BodyArmor
Beverage giant Coca-Cola has reportedly purchased a minority stake in BodyArmour, an independently owned sports drink. As per sources, the company’s aim behind the acquisition was to challenge Pepsi....
IKEA to present its first customized meatball for Australian market
IKEA has reportedly made it to the headlines in Australia for introducing a new kangaroo meatball recipe. The Swedish furnishing retailer will be serving a special limited-edition meatball known as th....
ITC, Cadila and Wipro battle it out to take over energy drink Complan
Kraft Heinz India’s popular energy drink brand, Complan is reportedly up for sale. The company is inviting bids to select the new owner of Complan. Wipro Consumer Care & Lighting Ltd., Cadila He....
Cadbury announces new chocolate flavors in Australia, sparks debate
Cadbury, a renowned British multinational confectionery company has reportedly announced that it will be launching two new chocolate flavors in the Australian market. Sources claim that these flavors ....
Michigan set to house a USD 510 million dairy processing facility
Michigan would now become home to a world-class dairy processing facility which would potentially be the second largest in the country. Private investors have reportedly shown interest in developing t....
Ghana and Ivory Coast seek loan for cocoa industry revitalization
The governments of Ghana and Ivory Coast recently announced that they have applied to the African Development Bank seeking a loan of $1.2 billion for the development of the cocoa industry in both the ....
Aldi to lure its customers with plenty of fresh organic products
Aldi, a German-based supermarket chain has apparently made plans to bring in fresher, organic and easy to make products to its 1,800 stores across the country, in a bid to serve its customers with bet....
Firmenich buys Campus, expands natural protein solution capabilities
Firmenich, a Swish ingredient supplier, has reportedly acquired Italy’s Campus in a bid to expand its capabilities in natural protein solutions for the animal as well as vegan food products. Inciden....