Company

Spritzer Bhd is banking on the growing demand for bottled mineral water in 2023 on the back of economic recovery as well as the resumption of festival celebrations. Spritzer’s net …

Orion Food Vina, which manufactures the popular snack ChocoPie in Vietnam, has reported its highest-ever revenue of US$318 million in the first 11 months of 2022. The company is a …

Malaysia’s Loob Holding, which is also ASEAN’s largest bubble tea brand by stores, is set to continue expanding until it reaches its target of 1,000 stores in Malaysia. By then, …

Australia’s Bega Cheese wants a higher valuation for its stake in Vitasoy Australia. Earlier on, Vitasoy has offered only A$27.5 million (US$17.5 million) for the 49% share owned by Bega …

Thailand’s integrated food company, Betagro Pcl has successfully raised US$460 million in an IPO listing in October, which also made it Thailand’s 2nd largest IPO listing in 2022 after Thai …

Hormel Foods might be acquiring CVC Capital Partners’ (CVC) minority stake in Indonesia’s GarudaFood Putra Putri Jaya. Hormel, known for its Spam and Skippy peanut butter, is now in the …

Canned sardines producer, Mega Global Corp. has formed a subsidiary that will serve multiple functions, including as an incubator for new initiatives as well as a sales and distribution unit …

The food subsidiary unit of listed conglomerate Aboitiz Equity Ventures, Inc. (Aboitiz), Pilmico has outlined plans to expand in 2023 as Aboitiz expects more contributions from the food segment in …

MSM Malaysia Holdings Bhd, Malaysia’s leading sugar refinery, is looking to sell some of its stake in the troubled unit, MSM Sugar Refinery (Johor) Sdn Bhd. MSM Sugar Refinery (Johor) …

Many Vietnamese seafood companies have reported poor performance in major markets in the US and the EU. One such firm, Sao Ta Foods JSC, an affiliate of The PAN Group …

Binh Duong Nutifood Nutrition Food JSC, affiliated to NutiFood Nutrition Food JSC (NutiFood), has recently acquired 2 million shares in Quang Ngai Sugar JSC, the leading sugar producer in Vietnam, …

Spritzer Bhd, the largest bottled water manufacturer in Malaysia, has reported strong 2nd quarter financial results with year-on-year revenue soaring 42% to RM106.2 million (US$22.33 million). The strong revenue was …

Kirin has long been associated with beer but now it has taken a different path, focusing on its latest iMUSE functional food line as it seeks to expand its presence …

Ichitan Group Plc, the producer and marketer of Ichitan RTD green tea, is set to ramp up its carbonated drinks business despite challenging market condition in 2nd half 2022. Ichitan’s …

Private-equity firm CVC Capital Partners is considering plan to offload 20% of its stake in GarudaFood Putra Putri Jaya, a major Indonesia-based manufacturer of chocolate snacks and other confectionery products. …

Thai Beverage (ThaiBev) has decided to defer again its plan to list its brewery unit, BeerCo, in Singapore for the second time as volatile markets continue to crimp investor demand …

The year 2020 onward has been a rather lucrative year for Pet Food and Pet Care companies in China. The onset of the pandemic in early 2020 has led to …

US-based cereals giant, Kellogg is planning to break into 3 independent public companies focusing on snacks, cereals and plant-based businesses. The decision comes a decade after Kellogg’s US$2.7 billion purchase …

According to a latest report, Chinese brewers’ 2nd quarter performance look promising and analysts expect a strong recovery in 3rd quarter, and they attributed this to a rebound in June …

Global snack and confectionery giant,  Mondelez reported an ‘all-time high’ market share of the biscuit category in China following the latest wave of COVID outbreak, said Joost Vlaanderen, President of …