Latest Insights

Could BRF's acquisition in Turkey pave way for OneFoods IPO? 13 Jan 2017

BRF, the Brazil-based meat giant, announced this week it has teamed up with the state of Qatar to buy a majority stake in Turkey-based processor Banvit Bandirma Vitaminli Yem Sanayii. The move will see BRF's recently-established halal unit, OneFoods, enter the Turkish market. Could BRF be paving the way for plans to partially float OneFoods? Katy Askew investigates. 


Can Yildiz Holding's new snacks unit match its ambitions? 27 Jan 2016

Yildiz Holding is restructuring its confectionery and biscuit businesses, uniting the likes of United Biscuits, Ülker and Godiva under a single umbrella subsidiary. The Turkish conglomerate has some ambitious growth targets for the new unit. Katy Askew takes a look at whether it can deliver.


BRICs and beyond: Turkey - the gateway to the world 25 Mar 2011

While Turkey is not seeing the same levels of growth as other developing markets like China and Brazil, retailers and manufacturers see potential in the market, not only as a developing market in its own right, but also for its strategic link between Europe, Central Asia and the Middle East. Petah Marian investigates the opportunites Turkey offers.


Innovation drives Turkish dairy sector 11 Jan 2007

The Turkish dairy sector is less developed than elsewhere in Europe, with packaged products a relative novelty. However, flavoured milks, kefir and yoghurt are driving growth, as Elena Ruiu reports.

Latest News

US food products hit as Turkey escalates tariff spat 15 Aug 2018

Turkey has slapped additional tariffs on US imports including rice and fruit, escalating a spat with President Donald Trump and piling more pressure on the country's embattled currency.


Yildiz Holding 'agrees debt refinancing plan' 20 Mar 2018

Turkish conglomerate Yildiz Holding has reportedly signed a memorandum of understanding to refinance as much as US$7bn of debt.


Yildiz aiming to sort out crippling loan repayments - report 12 Feb 2018

Turkish biscuit and confectionery heavyweight Yildiz Holding has requested the largest ever loan from Turkish banks, according to news agency Bloomberg.


McVitie's owner Yildiz reveals expansion plans 29 Aug 2017

Turkey's biscuit giant Yildiz Holding is planning to strengthen its UK arm and looking to expand further overseas.


Ajinomoto buys full control of Turkey's Kukre 22 Aug 2017

Ajinomoto has struck a deal to buy full control of Turkish condiments and canned food supplier Kükre.


Turkish snack firm Peyman Kuruyemis to invest in production 8 Jun 2017

Turkey-based dried fruit, nuts and seeds producer Peyman Kuruyemis is said to be planning to set up a new production plant.


Divine Chocolate enters Turkey, nears China launch 5 Jun 2017

Divine Chocolate, the UK-based ethical chocolate maker, has added Turkey to its roster of international markets - and is set to enter China as part of a fresh push in Asia.


Yildiz eyes more categories for brands 22 May 2017

Turkish food conglomerate Yildiz Holding has appointed Beanstalk as its brand extension agency for its McVitie’s, Godiva, Flipz and Turtles brands in some of its key markets


EBRD loan boost for Turkish agribusiness Yayla Agro 4 Apr 2017

Yayla Agro, a family-owned producer of pulses and rice in Turkey, has secured financial support from the European Bank for Reconstruction and Development to build a new plant.


Food market news of the week - CEO departs embattled Bellamy's Australia, BRF teams up with Qatar to buy Turkey's Banvit, Kellogg's VC fund makes first investment 12 Jan 2017

Bellamy's Australia, the under-scrutiny infant formula producer, this week issued a profit warning and announced the exit of its CEO. BRF, the Brazil-based meat giant, joined forces with Qatar's sovereign wealth fund to buy Turkish poultry group Banvit. And Kellogg's 1894 fund made its first investment.

Latest blogs

Russia Turkey sanctions - food said to be involved 30 Nov 2015

The Kremlin has formally outlined the sanctions Moscow is imposing on Turkey after a Russian fighter jet was shot down last week and, although specific details on the goods to be blocked has yet to be announced, food items are reportedly involved.


Yildiz "eyes silver" in global snacks 19 Mar 2015

Yildiz Holding reportedly wants its snacks business to overtake Kellogg and become the world's second-largest snack manufacturer.