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Poultry pressures dent profits for Switzerland's Bell Food Group

Switzerland’s Bell Food Group reported a drop in profits in 2018 as margins were squeezed in its international poultry business.

Switzerland Germany

Beverage sales contribute to Fraser & Neave earnings

Fraser and Neave (F&N), the diversified Singapore-based company, saw its earnings rise 47.5% to SGD37.9 million (USD27.9 mln) for the quarter ended December 31 2018, from SGD25.7 mln a year ago.

Singapore Commercial

Brazil's BRF links Brexit to divestment shortfall in Europe

Brazil’s BRF says this week’s sale of its assets in Europe failed to generate as much as hoped because of Brexit and other ‘adverse conditions’.

Brazil United Kingdom

EU sugar industry hits the brakes

On the back of Südzucker's restructuring announcement last week, are other European companies likely to follow suit of the German sugar giant?

Sudzucker Beet Sugar

Nordic meat company to cut workforce after tough 2018

Nordic meat processor HKScan is preparing to make further cuts to its workforce after seeing losses widen in 2018.

Finland HKScan

John B. Sanfilippo & Son reports lower revenues

The US edible nut grower, processor and wholesaler John B. Sanfilippo & Son, listed on the New York exchange, reported a 2.1% fall and a 1.1% growth in net revenues and sales volumes (pounds sold to customers), respectively, in Q2 2018/19 (July-June), compared with the previous quarter.

Dried Fruit & Nuts United States
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Investments

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Chocolatier Barry Callebaut places first promissory note loan

Chocolate maker Barry Callebaut has successfully placed its first promissory note loan known as a Schuldscheindarlehen.

Barry Callebaut Investments

Bolivian company to open Brazil nut factory in Amazonian region

The Swiss-Bolivian company Hylea 1884 is set to open the largest Bolivian nut processing plant in the Bolivian region of Pando, in March.

South America Bolivia

Spanish tiger nuts to satisfy superfood demand

Spanish companies are developing a broad range of tiger nut-based products such as powder, alcoholic beverages, oil or special chocolates to meet exploding demand.

Spain Almonds

Chinese juice processor and bottler defaults on loan repayment

In an action that is likely to send ripples of fear through the Chinese fruit juice industry, the privately-owned China Huiyuan Juice Group has failed to repay a HKD1.0 billion (USD128 million) convertible bond that has become due.

China Commercial

Moscow company launches full range of ivasi sardine products

The Antei Group of Companies has launched a new range of ivasi sardine products, including smoked fillet in oil, canned sardines in oil and brine, as well as hot-smoked and fresh fish.

Canned Sardines Russian Federation

Greenyard appoints co-chief executive amid internal transformation

Under the recent co-chief executive structure announcement, Greenyard will develop its plans to further transitioning its organisation into a vertically integrated partner for its retail customers.

Operations Investments
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M & A

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Adecoagro acquires Argentine milk processing plants

Adecoagro has purchased two milk processing plants in Argentina from SanCor, along with two trademarks.

Argentina Adecoagro

US meat processor sold to Insight Equity

US meat processor Eddy Packing has been sold to Insight Equity for an undisclosed sum.

United States Hogs & Pork

Atria considers sale of struggling Russian meat operations

Finland-based meat processor Atria is considering the sale of operations in Russia, where the company is struggling to turn a profit.

Finland Russian Federation

Germany's Nordzucker agrees to buy Australia's Mackay Sugar

Nordzucker and Mackay Sugar Limited have contractually agreed that Nordzucker will acquire a 70% majority stake in Australia's second-largest sugar producer, the Germany company announced.

Nordzucker Mackay Sugar

Cott disposes of soft drinks concentrate operation

Cott Corporation has announced the sale of its soft drinks concentrate production business and its RCI International division to Refresco for USD50 million.

International Europe

Brazil's BRF links Brexit to divestment shortfall in Europe

Brazil’s BRF says this week’s sale of its assets in Europe failed to generate as much as hoped because of Brexit and other ‘adverse conditions’.

Brazil United Kingdom
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Operations Explore this Topic

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Bolivian company to open Brazil nut factory in Amazonian region

The Swiss-Bolivian company Hylea 1884 is set to open the largest Bolivian nut processing plant in the Bolivian region of Pando, in March.

South America Bolivia

Princes partners Italian tomato growers association

The UK-based food and drinks group Princes Limited is committed to a three-year supply contract with associated growers of the Italian agriculture association Coldiretti, as a result of a partnership signed by both entities on February 12.

Europe United Kingdom

Chinese juice processor and bottler defaults on loan repayment

In an action that is likely to send ripples of fear through the Chinese fruit juice industry, the privately-owned China Huiyuan Juice Group has failed to repay a HKD1.0 billion (USD128 million) convertible bond that has become due.

China Commercial

Moscow company launches full range of ivasi sardine products

The Antei Group of Companies has launched a new range of ivasi sardine products, including smoked fillet in oil, canned sardines in oil and brine, as well as hot-smoked and fresh fish.

Canned Sardines Russian Federation

Greenyard appoints co-chief executive amid internal transformation

Under the recent co-chief executive structure announcement, Greenyard will develop its plans to further transitioning its organisation into a vertically integrated partner for its retail customers.

Operations Investments

Brazil's BRF recalls hundreds of tonnes of chicken over Salmonella

Brazil’s BRF, one of the world’s largest poultry processors, is recalling hundreds of tonnes of chicken meat produced at its Dourados plant in Mato Grosso do Sul.

Brazil Brasil Foods
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People Explore this Topic

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Almond Board of California has new director of agricultural affairs

Josette Lewis (pictured below) has joined the Almond Board of California (ABC) as its new director of agricultural affairs.

Almonds United States

“Digitalisation is a key driver for the fresh food industry”

With a remarkable attention to blockchain, machinery, organics and Brexit circumstances, last minute adjustments are being made for the 27th edition of the international trade show Fruit Logistica, taking place in Berlin between February 6 and 8.

Europe International

DoTerra appoints new executive

The Utah-located company doTerra, a global leading essential oil producer, has appointed Dr. Rusell J. Osguthorpe as chief medical officer and vice president of medical and scientific initiatives, leading the healthcare and research teams.

United States Essential Oils

Obituary: Angelo Rossi

Angelo Rossi, engineer and founder of one of the leading tomato processing machinery companies of the same name, Ing.A.Rossi, passed away in Parma on January 22, aged 98.

Tomato Paste Canned Tomatoes

Malaysian palm oil giant FGV appoints new CEO

Malaysian palm oil producer FGV Holdings Bhd has appointed Haris Fadzilah Hassan as group chief executive officer, effective immediately.

Felda Palm Oil

Bunge appoints Gregory A. Heckman acting CEO

Commodities giant Bunge has appointed board member Gregory A. Heckman as acting chief executive officer, effective immediately. He replaces Soren Schroder, who previously announced his intention to step down.

Bunge Oils & Oilseeds
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