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Ezaki Glico aims to triple ice cream production in Thailand  
Japanese snack giant, Ezaki Glico plans to triple its ice cream output in Thailand to between US$18 million to US$27 million by 2020.
The Osaka-based producer ...
 
Irish poultry giant becomes takeover target of China’s New Hope  
China’s largest poultry farmer, New Hope Group has joined a list of bidders to vie for a US$1.3 billion takeover of Northern Irish poultry giant ...
 
Singapore’s GIC is a partner in a multi-billion dollar bid for Unilever’s Spreads Business  
Singapore's sovereign wealth fund, GIC has teamed up with US buyout firm KKR & Co LP to bid for the spreads business of Anglo-Dutch consumer ...
 
Fosun to acquire French margarine producer  
China’s conglomerate, Fosun and state-owned dairy group Beijing Sanyuan Foods are buying over French margarine maker St Hubert for £58 million (US$74.6 million).
They have ...
 
Fonterra expands capacity to meet growing demand for Cheese in Asia  
Fonterra Co-operative Group, New Zealand's largest dairy company, has officially opened a plant in Australia to make cheese for the Chinese, Japanese and other growing ...
 
Ottogi Corp considers plan to build 2nd plant in Vietnam  
South Korea’s food manufacturer, Ottogi Corp. is reviewing a plan to build another manufacturing plant in Vietnam on top of its existing one which has ...
 
KIDO Corp to invest US$4.4 million to setup Non-alcoholic Beverages Unit  
KIDO Corp (KDC), a leading food producer in Vietnam, has planned to invest Dong 100 billion (US$4.4 million) on establishing a unit, Kien Hung Food ...
 
Leading Taiwanese brewer to set its foot into Vietnam  
Taiwan Tobacco & Liquor Corp (TTL) is planning to enter Vietnam with the debut of 3 beers in October, as the company seeks to expand ...
 
Foreign brewers might not be able to acquire majority stakes in Habeco, Sabeco  
In mid-July, the State Securities Commission of Vietnam (SSC) proposed to the Ministry of Industry and Trade to compile the divestment plans for Sabeco and ...
 
Chinese-owned Smithfield Foods invests in Chef'd  
Smithfield Foods, the US-based meat processor owned by China's WH Group, has invested US$25 million in Chef'd, the US meal-kit business.
Meal kits are ‘prepared food ...
 
Latest update on F&B investments in Vietnam  
In 2016 and the first half of 2017, Vietnam has seen a series of multi-million dollar mergers and acquisitions (M&A) deals.
The following Table 1.0 is ...
 
TH Group invests US$51.8 million into Fruit Processing Plant in Nghe An  
TH Group, one of the major agricultural companies in Vietnam, has commenced construction of a fruit processing plant in the central province of Nghe ...
 
Singha owner diversified into Sauces Segment  
The family behind Thailand’s No.1 beer, Singha beer, has diversified into the sauce industry.
Piti ‘Todd’ Bhirombhakdi, the second son of Santi Bhirombhakdi, one of the ...
 
Mali condensed milk producer to branch into ‘Snow’ baby milk powder  
Thai Dairy Industry Co, the producer of Mali sweetened condensed milk, has partnered with Snow Brand Milk Products Co., Ltd, Japan's leading dairy company, ...
 
Vedan plans for a subsidiary in Cambodia  
Vedan International Holdings, a HK-listed manufacturer of food additives for beverage production, instant noodles and monosodium glutamate (MSG), is looking to set up a subsidiary ...
 
Celsius partners Qifeng Food to penetrate huge China market  
US-based Celsius Holdings, Inc., the makers of Celsius® brand of clinically proven fitness/energy
drink, has officially entered the China market through a strategic partnership with Qifeng ...
 
Singapore’s Oceanus Group to acquire 60% of BNY Abalone World  
Oceanus Group, a Singapore-based seafood supply chain company, has entered into a collaboration agreement to acquire a 60% stake in Australia-based abalone processor and retailer, ...
 
RFM is on the lookout for potential acquisitions  
Major Philippines food processor, RFM Corp. is on the active lookout for other food and beverage companies it can buy to grow its business.
“We are ...
 
Nestle Philippines seeks cassava supply for its US$39 million protomalt plant  
Nestle is currently building a Pesos 2 billion (US$39 million) protomalt processing plant in Lipa City, Batangas in the Philippines, and is seeking partnership with ...
 
Cleo bottled water producer to open 3 new plants across Indonesia  
Nio Eko Susilo, the Director of Operations at Sariguna Primatirta, a listed bottled water producer in Indonesia, will be opening 3 new factories soon for ...
 
Carabao to invest US$200 million in Vietnam  
Thai energy drink producer, Carabao may invest US$200 million in a factory in Vietnam, said its Chairman Sathien Setthasi.
The plant will be fully automated and ...
 
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