Posts tagged "U.S."

Nestle buys majority stake in organic food company Terrafertil

[9 February/ CNBC] Nestle has announced that it has acquired a majority stake in Terrafertil, a company that sells natural and organic plant based foods continuing its strategy to build a portfolio of products in the healthy food space.  The size of the investment or its ownership level in the business were not disclosed.  Terrafertil...

US dairy sees ‘strong advocate’ in nominee Gregg Doud as USTR chief agricultural negotiator

[6 February/ Dairy Reporter] The US Dairy Exporters Council and National Milk Producers Federation have both urged the US Senate to swiftly approve the nomination by the Trump Administration of Gregg Doud to the role of Chief Agricultural Negotiator in the Office of the US Trade Representative.  Mr Doud’s nomination has been on hold since...

Manuka Honey: Buzz builds for New Zealand superfood

[2 February/Food Navigator USA] The unique health benefits of Manuka honey are starting to make a mark in the US market with the market leader, Wedderspoon, reporting record sales across all retail channels in 2017.  Wedderspoon has calculated that its products accounted for 73% of the combined growth in the Manuka category across conventional grocery,...

‘Hallelujah’ moment: Revised TPP to be signed in March

[24 January/Radio New Zealand Business] Trade Minister, David Parker, has confirmed that the Trans Pacific Partnership is to be signed in March following talks in Tokyo.  The 11 remaining nations, following the USA withdrawing last year, have revived the agreement that will eliminate more than 98 percent of tariffs in the free-trade zone.  The deal...

Cargill gives peas a chance through investment in Minnesota protein supplier

[18 January/Food Dive] Cargill has taken another step to position itself for the emergence of new forms of protein through an investment in Puris, Minneapolis based pea protein supplier.  Tyler Lorenzen, Puris President, said that the financial backing and market reach of Cargill will assist the company in expanding operations globally.  The company has recently...

Nutella owner buys Nestle’s US candy business for USD2.8 billion

[17 January/Food Dive] Nestle has announced that it will be completing its exit from its US confectionary business through a sale of the business to Italian family owned company, Ferrero.  Ferrero is best known for the Ferrero Rocher pralines as well as Tic Tacs and Nutella.  The sale includes more than 20 American candy brands...