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January Issue of Asia Food & Beverages!
ALCOHOLIC DRINKS (Wine, Champagne etc exclude Beer)
FOOD & BEVERAGE INGREDIENTS
FUNCTIONAL/NUTRITIONAL/HEALTH DRINK (eg. Vitamin, Protein)
PACKAGING & TECHNOLOGY
READY-TO-COOK (RTC) MEALS
READY-TO-EAT (RTE) MEALS/FOOD
VEGETARIAN FOOD/MEAT SUBSTITUTES
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Mitsubishi to set up JV poultry plant in Thailand
Japan’s Mitsubishi Corp has unveiled plan to open a plant in Thailand to fry, steam and freeze chicken for export to Japan and elsewhere, under ...
F&N to further increase its stake in Vinamilk
F&N Dairy Investments Pte Ltd has registered to purchase 14.5 million shares in Vietnam’s largest dairy producer, Vietnam Dairy Products JSC (Vinamilk) in a bid ...
Vinasoy opens 3rd soymilk factory in Binh Duong
Vietnam Soya Products Company (Vinasoy), the country’s leading soymilk brand, has opened its 3rd factory at a cost of Dong 900 billion (US$39.63 million) in ...
Thai beer conglomerate snaps Sabeco shares at a premium
Thai Beverage Plc (ThaiBev) has won an auction to buy a majority stake (54%) worth US$4.84 billion in Vietnam's top brewer Sabeco, a major deal ...
Masan aims to buy-out lucrative coffee producer
Masan Beverage, a subsidiary of Vietnam’s FMCG giant, Masan Group Corporation plans to make an offer to buy out Vinacafé Bien Hoa JSC, according to ...
Food Empire Group expands into RTD coffee, iced tea in India
Singapore-based Food Empire Group has acquired an 80% stake in India’s Positive Food Ventures and its Brewhouse iced tea business, with an investment value estimated ...
TeaBox raise US$5.3 million to expand offline
India’s premium tea brand, TeaBox has successfully raised S$7 million (US$5.3 million) in fresh funding with a combination of equity and venture debt from Singapore-based ...
Aalst Chocolate findings its way into China’s competitive chocolate industry
Singapore-owned chocolate producer, Aalst is making its way into China's highly competitive chocolate confectionery segment where major players like Mars and Hershey are also fighting ...
Cargill to invest US$50 million to double production capacity of its cooked poultry
US-based Cargill plans to invest US$50 million to add a new poultry production line at its plant in the city of Chuzhou which will be ...
Kewpie plans to set up subsidiary in China
Japanese based Kewpie Corp plans to set up a wholly-owned food subsidiary in Guangzhou, China in January 2018, with a registered capital of Rmb 270 ...
AB InBev opens Asia’s largest brewery in China, plans further expansion in 2018
The world’s largest brewer, Anheuser-Busch InBev has officially opened Asia’s largest beer production facility in southeastern China in December 2017, signifying the importance of China ...
Fosun to acquire Tsingtao stake from Asahi
Fosun Group, one of China's biggest buyers of overseas assets, has turned its sights back to its domestic market, as it buys out Asahi Goup’s ...
Proterra to exit China-focus dairy business, seek better deal in the region
Proterra Investment Partners has recently sold its remaining stake in dairy company, AustAsia to its joint-venture Indonesian partner, Japfa for US$263 million.
Singapore-headquartered AustAsia provides fresh ...
Russian company to set up Ice Cream plant in China to meet soaring demand
Russia’s Penza Refrigeration Co. has disclosed plan to start an ice cream production project in northwest China’s Shaanxi province in 2018.
The company struck a deal ...
Soju producer opens a branch in Vietnam
Hite Jinro Co., South Korea’s leading soju manufacturer has established a new branch in Vietnam, as it attempts to tap deeper into the huge market.
Arla partners Indofood in dairy JV
Denmark-based dairy giant, Arla Foods has entered into a dairy joint venture (JV) with Indonesia’s PT Indofood CBP Sukses Makmur Tbk (ICBP), as part of ...
Indofood buys Asahi stake in JVs for US$20 million
Indonesia's largest food company, Indofood Sukses Makmur has confirmed that it will buy Japan-based Asahi Group Holdings' stakes in 2 non-alcoholic beverage joint ventures (JVs) ...
Mitr Phol to partner Olam Indonesia in sugar production
Thailand’s Mitr Phol Group, the world's 4th largest and Asia's largest sugar producer, has partnered with Olam International Ltd to invest in Olam's sugar business ...
BreadTalk forms JV with Japanese wholesaler
BreadTalk Group has partnered with Japan’s Shinmei Corp, which is also Japan’s largest exporter of rice and owner of Genki Sushi chain of of restaurants, ...
Swee Heng Bakery to triple production capacity with new factory
Singapore’s well-known Swee Heng Bakery has recently opened its 6,000 sq.metre state-of-the-art factory at Senoko Avenue, which houses a central kitchen as well as a ...
10 food companies get US$3.8 million in grant from government to create ‘healthier’ food
Ten food companies in Singapore have received grants totalling S$5 million (US$3.8 million) from the Health Promotion Board (HPB) to create healthier staple food, about ...
Nuchev to raise capital to support its Goat Milk expansion in Australia, China
Australia’s infant formula company, Nuchev is another step closer to a likely public float in 2018 after a fresh capital raising of more than A$7 ...
Kirin officially takes a stake in Mandalay Brewery
Kirin Holdings has officially taken a stake in Mandalay Brewery, the brewer of Mandalay Lager Beer, Mandalay Strong Beer and Mandalay Spirulina Beer.
Japanese brewer Kirin ...
Cargill: Jollibee JV officially opens Philippines’ largest poultry plant
A joint venture (JV) between agribusiness giant Cargill and homegrown fast food giant, Jollibee Foods Corp. (Jollibee) has sucessfully inaugurated a new poultry processing facility ...
Malaysian firm to contract manufacture Halal salmon skin chips for Japan’s Edoya Co
Malaysia’s Jabi Rice has sealed a deal to make Halal salmon skin chips for Japanese firm Edoya, which is keen to boost sales to Muslim ...
Ferrero to acquire Nestle's confectionery business in the US
The Ferrero Group and its affiliated companies ("Ferrero"), has recently announced a definitive agreement pursuant to which it will acquire the US confectionery business from ...
Nutifood signs contract to sell its baby formula in the US
Nutifood, Vietnam's leading private dairy company, has recently signed a contract with an American distributor, Delori Foods to sell its Pedia Plus infant formula line ...
Feihe’s purchase of Vitamin World will help it break into China’s growing Nutritional Food market
Feihe International’s purchase of US-based Vitamin World Inc for US$28 million was recently approved by the US bankruptcy court.
This will help Feihe, China’s biggest domestic ...
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