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John Shepherd

Asian Development Bank in China's Saikexing dairy expansion loan

16 June 2017 | John Shepherd

Chinese dairy firm Inner Mongolia Saikexing Breeding and Biotechnology Group has secured an Asian Development Bank-led syndicated loan valued at US$125m aimed at expanding domestic milk supply in China.... read more


Deal to give US dairy exporters "increased access" to China

16 June 2017 | John Shepherd

US dairy chiefs have welcomed the signing of an agreement between Washington and Beijing to boost access for dairy exporters to the Chinese market.... read more


Hovis launching "reduced carbs" bread range

16 June 2017 | John Shepherd

UK bread maker Hovis is launching a range of loaves containing fewer carbohydrates.... read more


French court to meet in September to weigh up William Saurin sale

16 June 2017 | John Shepherd

A French court will convene in September to consider the proposed takeover of the ready meals business of the under-pressure local food holdings company of Financière Turenne Lafayette (FTL) by Cofigeo and Arterris.... read more


French court backs sale of FTL charcuterie arm to Cooperl

16 June 2017 | John Shepherd

A court in France has approved the sale of the charcuterie and cooked meats business of embattled food industry holdings group Financière Turenne Lafayette (FTL) to French pork producer Cooperl Arc Atlantique.... read more


Portugal 'considering junk food tax'

15 June 2017 | John Shepherd

Portugal is reportedly considering introducing a tax on foods containing high levels of fat and salt, in addition to raising an existing tax on sugary drinks, the country's health minister has said.... read more


Sun Basket appoints first CFO in ramp-up

15 June 2017 | John Shepherd

US organic meal-kit delivery service Sun Basket is ramping up its management team with the appointment of Stuart Huizinga as its first CFO and Isobel Jones as first general counsel.... read more


EU legislators urged to "make food a priority" in Brexit talks

15 June 2017 | John Shepherd

Europe's food and drink industry should be considered a "priority" in upcoming Brexit negotiations, the sector has told legislators.... read more


South Africa meat suppliers probed over 'price fixing'

14 June 2017 | John Shepherd

South Africa's Competition Commission said it raided the offices of several meat suppliers in the country today (14 June) as part of an investigation into alleged price-fixing.... read more


EU Court of Justice rules against dairy names for vegan products

14 June 2017 | John Shepherd

The European Court of Justice (ECJ) ruled today (14 June) purely plant-based products cannot be labelled as "milk", "cream", "butter", "cheese" or "yogurt" – even if the label states the item does not contain animal products.... read more


George Weston Ltd names Richard Dufresne as president

14 June 2017 | John Shepherd

George Weston Ltd., the owner of Canada-based bakery group Weston Foods and retail giant Loblaw, has announced CFO Richard Dufresne will be appointed president of the company with effect from 1 January.... read more


Soupman files for bankruptcy protection in US

14 June 2017 | John Shepherd

US soup maker Soupman said yesterday (13 June) it had filed for Chapter 11 bankruptcy protection, but will continue its usual business operations after securing a US$2m debt-in-possession credit facility.... read more


Ambitious Arla remains patient with Africa - interview

14 June 2017 | John Shepherd

With the consumption of dairy products in western countries stagnant, the world's largest processors are ramping up investment in emerging markets. European dairy giant Arla Foods is still targeting growth in countries like the UK and Germany through investment in value-added innovation but it is increasingly investing in markets like China and Nigeria. Both feature in Arla's list of priority markets, drawn up in 2015 as part of the cooperative's Strategy 2020 business plan. Arla's executive vice-president of international operations, Tim Orting Jorgensen, talks to John Shepherd about the company's recent moves in Nigeria and how, despite the country's recent economic problems, the market is a springboard for the co-op's ambitions in the wider region.... read more


Canada meal-kit firm Oatbox secures expansion funding

14 June 2017 | John Shepherd

Canadian meal kit company Oatbox said today (14 June) it has raised CAD1.55m (US$1.17m) in seed funding to expand production and strengthen its position as a "disruptor in the breakfast market".... read more


US dairy groups set out stall on NAFTA

14 June 2017 | John Shepherd

Two US dairy groups have pledged to work with the Trump administration for a "modernised" North American Free Trade Agreement (NAFTA) that "safeguards open trade with Mexico and confronts increasingly protectionist dairy policies by Canada".... read more


EU health chief backs taxes, ad restrictions to curb "unhealthy food"

14 June 2017 | John Shepherd

The European Union should "reduce accessibility to unhealthy food" using measures such as reformulation, taxation and curbs on marketing and advertising, EU commissioner for health and food safety Vytenis Andriukaitis has said.... read more


Spoiltpig "raised without antibiotics" bacon launched in UK

13 June 2017 | John Shepherd

UK bacon manufacturer Denhay Farms is rolling out a new line of "raised without antibiotics" bacon under its Spoiltpig brand in partnership with Scottish pig farmer Brydock Farms.... read more


Australia's Nature One Dairy to produce infant formula for China's Sinopharm

13 June 2017 | John Shepherd

Australia's Nature One Dairy has signed a partnership agreement to manufacture infant formula for export to the China National Pharmaceutical Group Corporation - Sinopharm.... read more


US canned food industry cautions Trump against tinplate steel tariff

13 June 2017 | John Shepherd

The US canned food industry has called on the Trump administration to exclude tinplate steel from any potential trade tariffs or import restrictions to avoid "potential increases in manufacturing cost" and job losses.... read more


Food firms studying draft EU law to reduce acrylamide

12 June 2017 | John Shepherd

Food manufacturers are considering a proposed EU law to introduce mandatory measures aimed at reducing acrylamide in food products.... read more


Canada's Nutrinor acquires majority stake in Fromagerie Champetre

12 June 2017 | John Shepherd

Canadian agrifood cooperative Nutrinor has acquired a majority stake in cheesemaker Fromagerie Champêtre.... read more


Paulig launches LatAm-inspired Santa Maria range in UK

12 June 2017 | John Shepherd

Finland's Paulig Group today (12 June) rolled out a range of 39 individual "mix and match" Latin American-inspired products under its Santa Maria brand in the UK.... read more


PepsiCo launches "India-made" Doritos

12 June 2017 | John Shepherd

PepsiCo's has starting to make Doritos nacho chips brand in India using "locally-sourced ingredients".... read more


JBS controlling shareholder J&F 'may see fine over corruption scandals rise'

12 June 2017 | John Shepherd

A fine of BRL10.3bn (US$3.1bn) awarded against the controlling shareholder of Brazil-based meat giant JBS, J&F Participacoes, could increase further as new corruption allegations are investigated, according to a report.... read more


MSC, Alibaba team up on 2020 seafood sourcing targets

9 June 2017 | John Shepherd

The Marine Stewardship Council (MSC) has teamed up with Chinese firms including e-commerce giant Alibaba in a move to promote sustainable seafood procurement.... read more


Dali Foods hits back at activist fund over "misleading" claims

9 June 2017 | John Shepherd

Dali Foods Group has accused a US hedge fund of relying on "selective and biased" information to make "inappropriate and misleading" comments about the China-based food and beverage company's finances.... read more


McCormick to launch "global" lines in India

9 June 2017 | John Shepherd

US spices and sauces maker McCormick & Co. has confirmed plans to launch "global" products in India by the end of the year.... read more


Agrokor secures loan to "sustain" business during restructure

9 June 2017 | John Shepherd

Embattled Croatian food manufacturer and retailer Agrokor has secured a loan of EUR480m (US$536m) to "sustain" business operations amid a restructuring of the group.... read more


Danone invests in sustainable agriculture in LatAm

9 June 2017 | John Shepherd

French dairy group Danone today (9 June) announced plans to invest in sustainable agriculture in the Latin America and Caribbean region in partnership with international finance organisations. ... read more


UK's Waitrose halts JBS corned beef sales over 'slave labour' claims

8 June 2017 | John Shepherd

Packs of sliced corned beef "sourced" from Brazil-based JBS have been removed from the shelves of UK retailer Waitrose, after a national newspaper linked the meat giant with alleged slave labour on cattle farms.... read more


Brioche Pasquier 'issues cage-free eggs pledge'

8 June 2017 | John Shepherd

French bakery group Brioche Pasquier has committed to ending the use of eggs from caged hens in France and at its operations in other countries by 2025, according to French animal welfare campaigners.... read more


Grupo Lala to invest in new Guatemalan milk plant

8 June 2017 | John Shepherd

Mexican dairy group Grupo Lala is investing more than US$30m in the construction of a new dairy processing plant in neighbouring Guatemala.... read more


Goodman Fielder proposes shake-up of New Zealand operations

8 June 2017 | John Shepherd

Australia-based food group Goodman Fielder today (8 June) announced proposals for a shake-up of its operations in New Zealand, including the closure of two bakery sites and investment in other facilities.... read more


JBS 'rules out sale' of majority stake in Pilgrim's Pride

8 June 2017 | John Shepherd

Brazil-based meat giant JBS has reportedly said its majority stake in US poultry arm Pilgrim's Pride is not for sale.... read more


Ultima Foods invests to expand drinkable yogurt production

7 June 2017 | John Shepherd

Canadian yogurt firm Ultima Foods has announced plans to invest CAD14.4m (US$10.7m) to expand production capacity of drinkable yogurt at its at its plant in the eastern city of Granby.... read more


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