Potential buyers circling Ruchi Soya
Indian edible oil importer and retailer Ruchi Soya is an acquisition target for regional agri-co heavyweights.
Sime Darby
Editor’s choice: the highlights on just-food last week
Unilever's business in South Africa was in the spotlight this week after it emerged its offices were raided as part of a probe into collusion. Elsewhere, there were two notable M&A deals in dairy, with Arla Foods looking to merge with Belgium-based EGM Walhorn and Lactalis's Parmalat bolstering its business in Australia with the acquisition of Harvey Fresh.
Comment: Unilever raid shows South Africa eyeing food
News the South African offices of Unilever and Sime Darby were raided by competition authorities this week comes as a further evidence that the country's competition watchdog has set its sights on the food sector, Katy Askew suggests.
SOUTH AFRICA: Unilever raided in competition probe
The South African offices of Unilever and fats and oils supplier Sime Darby have been raided in a search and seizure operation conducted by the country's competition officials.
FRANCE: Sime Darby mulls creation of vegetable oil plant
Palm oil processor Sime Darby is considering setting up a vegetable oil plant in France.
