Bubs Australia enters China JV for onshore infant-formula production
Bubs will hold 75% of the local manufacturing JV for the brand developed for the Chinese market.
ByEmerging markets
Nestlé outlines investment plans for India
It is the food giant’s biggest investment in the South Asian country since it started manufacturing there in 1961.
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PepsiCo invests US$100m towards more factory automation in Romania
Over the last ten years, PepsiCo says it has invested roughly US$320m into Romania.
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Britannia Industries appoints Rajneet Kohli as CEO of Indian bakery firm
Rising input costs have pressured Britannia Industries’ net profits.
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Colombian food firm Nutresa subject to new investor interest
Abu Dhabi-based bidder International Holding Co. has links to Royal Group and Jamie Gilinski's Nugil vehicle.
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Egypt’s Domty confirms Expedition Investments minority stake completed
The deal has gone through for around EGP512m (US$26.3m).
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China’s appetite for cheese shows little sign of slowing
Per-capita consumption remains low compared to regional and global averages but China’s budding cheese market continues to offer promise.
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India imposes levy on select rice exports, adding to curbs on wheat, sugar
India also imposed bans on wheat and sugar exports in May to protect local supplies.
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