ITC to acquire 100% equity share capital of Sunrise Foods
ITC has entered into a Share Purchase Agreement (SPA) on 23 May 2020 to acquire 100% of the equity share capital of Sunrise Foods...
MoFPI grievance cell resolves issues received from industry amid Covid-19
The grievance cell of the Ministry of Food Processing Industries (MoFPI ) has been able to close and resolve 581 issues out of 585...
CRISIL reaffirms strong credit rating for Dabur India
Dabur India announced that CRISIL (Indian analytical company providing ratings, research, and risk and policy advisory services) has reaffirmed its 'CRISIL AAA/Stable/CRISIL A1+' ratings...
Tetra Pak introduces complete processing line for white cheese
Tetra Pak has announced the launch of its first complete processing line for feta type white cheese products, with a fully automated and integrated...
Heritage Foods’ net revenues up by 8.4% to Rs 2725.90 crore for FY20
Heritage Foods, one of the leading private dairy players in India, has declared its financial results for the quarter ended March 2020. In the...
Dabur India reports net profit for FY20 at Rs 1,445 crore
Dabur India continued to surge forward on its growth track through the first two months of the fourth quarter of 2019-20, with quarterly revenue...
Global meat industry to decline by 5.3% due to Covid-19 pandemic
The activity of meat manufacturers across North America continues to generate a lot of noise, with some processing plants from major companies such as...
SIG introduces innovative on-the-go packaging solution in Europe
With the commercial launch of combismile in Europe (currently excluding France, Germany, Great Britain, and Italy), SIG's innovative on-the-go packaging solution will enable brands...
Pioneering Ventures acquires Lateral Praxis to accelerate agri-food tech platform
Pioneering Ventures (PV) announced a newly closed acquisition of Indian agri-tech company Lateral Praxis. The move is aimed at enhancing the downstream reach of...
Barry Callebaut to acquire GKC Foods
The Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, has signed an agreement to acquire GKC Foods (Australia), a...
