NORTH AMERICA – Middle-market private equity firm PNC Riverarch Capital has acquired baked foods manufacturer Backerhaus Veit, Ltd from Swander Pace Capital for an undisclosed…
EGYPT-Egypt, the world’s largest importer of wheat, is planning to import 4 million tonnes of wheat to meet its annual production of subsidized bread. The…
USA- Food safety solutions supplier Energis Solutions has developed a new pathogen reduction technology that does not alter flour functionality A recently validated study showed…
OMAN-Sohar Flour Mills, a subsidiary of Oman Flour Mills, has inaugurated a new US$52 million grain storage facility to boost the country’s strategic grain reserve…
RUSSIA- American multinational food manufacturing company, Kellogg, is divesting its operations in Russia to local snacks and drinks maker Chernogolovka. Founded in 1998, Chernogolovka makes…