US-based private equity firm Olympus Partners has acquired food packaging services provider Par-Pak, through its portfolio company the Waddington Group for an undisclosed amount.
The European Commission (EC) has approved the proposed acquisition of the Cocoa Ingredients division of Singapore-based Petra Foods by Swiss confectionery firm Barry Callebaut for $950m.
Qatar-based Hassad Food, the agricultural investment arm of Qatar’s sovereign wealth fund, plans to invest $500m in India for the production of rice, coffee, cardamom and ready-made foods.
Pharmavite, a US-based manufacturer of vitamins, minerals and other dietary supplements, has announced the official opening of its new manufacturing facility at the Northeast Opelika Industrial Park in Opelika, Alabama.
The National Center for Coffee Research (Cenicafé) of Colombia has introduced a new coffee washing technology – Ecomill – for Colombian coffee growers.
The Vintner Group, a Virginia-based importer of wines and distributor of wines and craft spirits, has signed an agreement to buy Martin Scott Wines of Lake Success, New York for an undisclosed amount.
Chinese retail sales grew 12.9% in May 2013 compared to the same month a year ago, according to the data released by National Bureau of Statistics (NBS).
China Resources Vanguard, a flagship operating supermarket chains of China Resources, plans to expand its retail network by opening 80 new stores by the end of 2016.
