INDIA: Hindustan Foods, Danone's Nutricia strike cereals deal
Indian food group Hindustan Foods has struck a deal to produce weaning cereals for Danone in the local market.
In a statement to the Bombay Stock Exchange, Hindustan said it agreed with Danone's Indian arm, Nutricia International Pvt Ltd, a five-year deal to manufacture the products at its site in Goa.
Nutricia International Pvt. Ltd became the name of Danone's baby food and medical nutrition business in India when it acquired the nutrition assets of local firm Wockhardt Group in 2012.
- M&A Watch: Raisio should sell to private equity
- Infographic: Snapshot of Japan's food sector
- On the money: Solid Lindt outpaces chocolate peers
- Spotlight: What could be impact of Russia's ban?
- On the money: Hain expects continued organic gains
- Russian government eases ban on food imports
- Pork Farms buys Kerry Group's pastry plants
- Kerry cools claim spreads move could hit jobs
- Profits up at chocolate group Lindt
- Dr Oetker to buy McCain North America pizza arm
- New Strategies for offering Convenience in Food - targeting new occasions, best practice and new solutions
- David Chapman's Ice Cream Ltd in Packaged Food (Canada)
- Global Bakery & Cereals Market: Merger and Acquisitions May 2014
- Colombia - ISA Country Report
- Food Retail: Top 5 Emerging Markets Industry Guide