date:Jul 29, 2022
This week in industry news, Emmi revealed it is selling its 25% stake in Italian cheese specialist Ambrosi, while Nestl is investing US$340 million in a new Nescaf coffee factory in Mexico. Corbion opened an innovation center in Singapore, and olam food ingredients (ofi) completed its acquisition of Club Coffee. Meanwhile, Equinom and Peterson Farms Seed are commercializing non-GMO varieties of yellow peas for plant-based food applications.
In brief: Business moves
Emmis latest transaction of A