Mars to acquire majority stake in German targeted nutrition firm Foodspring

In light of the news, Fonterra lands US$64m in profit via the sale of Foodspring’s parent company Goodminton A.G., just 18 months after investing

Related Articles

FormattedPicture

FOOD INGREDIENTS NEWS

06 Sep 2019 --- This week in industry news, the US arm of producer of wines and spirits Pernod Ricard has completed the acquisition of Firestone & Robertson Distilling Co., a... Read More

FormattedPicture

BUSINESS NEWS

29 Aug 2019 --- The world’s second-largest distiller, Pernod Ricard, along with alcohol manufacturer and marketer Castle Brands Inc. have announced that they have entered... Read More

FormattedPicture

FOOD INGREDIENTS NEWS

12 Aug 2019 --- Dairy cooperative Fonterra has said that writedowns would place the company in a NZ$590 million (US$381 million) to NZ$675 million (US$436 million) loss in the... Read More

FormattedPicture

BUSINESS NEWS

07 Aug 2019 --- Fonterra has announced its intention to sell a portion of its stake in China-based Beingmate Baby & Child Food Company Ltd, which is currently a shareholding of... Read More

FormattedPicture

BUSINESS NEWS

26 Jul 2019 --- Swiss dairy product and milk processor, Emmi Group, has acquired Pasticceria Quadrifoglio in a bid to expand and strengthen its existing dessert network in Italy.... Read More

trans