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Italy-based confectionery manufacturer Ferrero to acquire Eat Natural

Italy-based global confectionery major Ferrero Group will enter into a definitive agreement to acquire the British cereal bars-maker Eat Natural. However,…

December 20, 2020
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Gene Therapy Push | Bayer to acquire US-based biotech firm AskBio for up to $4 billion

In a bet on cutting-edge gene therapy that aims to treat or prevent diseases using genes, Germany’s Bayer agreed to…

October 27, 2020
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India: Food and beverages giant PepsiCo increases investment at snacks plant to Rs 814 crore

Despite short-term headwinds due to the COVID-19 outbreak, PepsiCo is increasing investment at its new greenfield snacks plant in the…

October 12, 2020
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Brazilian agribusiness grows 5.26% in the first half

Thanks to bumper crops and favorable exchange rates, the Brazilian agribusiness grew 5.26 percent in the first half of 2020…

September 24, 2020
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Nestle to invest CHF 53 million to boost sustainable agriculture in China

To promote sustainable agriculture and development of local grain cultivation in China, Nestle has announced to invest a further RMB…

September 10, 2020
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COVID-19 pushes Malaysia’s palm oil industry into labour crunch

The COVID-19 crisis has pushed Malaysia’s labour-reliant palm oil industry into a labour crunch so severe that it is now…

September 9, 2020
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Japanese insurance company Sompo Holdings to buy U.S. crop insurer from CGB Enterprises

Japanese insurance company Sompo Holdings Inc will pay $380 million to $470 million to buy Diversified Crop Insurance Services, the…

September 8, 2020
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Indian dairy giant Amul to invest ₹1,500 crore over the next 2 years

Gujarat Cooperative Milk Marketing Federation (GCMMF), owner of the Amul brand, will invest about ₹1,000 crore to set up milk processing plants…

September 7, 2020
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UK: Sales of organic food and drink increase sharply amid lockdown

Sales of organic food and drink, including organic bananas, chicken, eggs, and wine – increased sharply in the UK during…

September 4, 2020
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Australia expands loan scheme for virus-hit businesses, raises credit limit

Extending the Coronavirus loan guarantee scheme for small businesses, Australia announced to enhance the credit limit to up to A$1…

July 20, 2020
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