Danone, Mengniu form joint venture to develop dairy products in China
COFCO, the state-owned largest food company in China, has signed an agreement with Danone, pursuant to which the two parties will form a joint venture. IFT Daily News
Tag: venture
ConAgra, Cargill, CHS form joint venture in flour milling
ConAgra Foods, Cargill, and CHS have announced a definitive agreement to combine their North American flour milling businesses to form Ardent Mills, a new flour milling company that will serve … Continue Reading →
Golden State Foods, Groenz Group form joint venture
Golden State Foods (GSF), a food processor and distributor in the United States, has acquired majority ownership of Groenz Group Ltd., manufacturer of sauces, dressings, condiments, and powders for the … Continue Reading →
Solazyme, Bunge expand joint venture to bring new edible oils to market
Solazyme Inc. has agreed to expand its joint venture with Bunge Global Innovation LLC, a wholly-owned subsidiary of Bunge Ltd. IFT Daily News
Golden State Foods acquires KanPak China in joint venture
Golden State Foods (GSF), U.S.-based food processor and distributor, has acquired KanPak China, a manufacturer to the quick service restaurant (QSR) industry, located in Xiantao City (Hubei Province), China. IFT … Continue Reading →
Kellogg forms joint venture to enter China
Kellogg Co. and Wilmar International Ltd. have announced a venture for the manufacture, sale, and distribution of cereal, wholesome snacks, and savory snacks in China. IFT Daily News
Kraft Foods, Brynwood Partners form joint venture
Brynwood Partners VI L.P. has signed a definitive agreement to acquire a controlling stake in the Back to Nature brand food business through a joint venture partnership with Kraft Foods. … Continue Reading →
Blommer, Olam form joint venture based on cocoa sustainability
Blommer Chocolate Co., a cocoa processor and ingredient chocolate supplier, and Olam International Ltd., a global integrated supply chain manager of agricultural products and food ingredients, have announced the formation … Continue Reading →