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Mondelēz expands presence in China’s pastry market with Evirth acquisition

Mondelēz International has announced plans to acquire a majority stake in Evirth, a Chinese manufacturer of cakes and pastries

Mergers & Acquisitions

Symrise upgrades China facilities to expand market reach and boost production capacity

Symrise has opened a new office and lab in Beijing, China, and has also completed its F&B powder blending expansion in Jinqiao, Shanghai.

Funding & Investments

Viee receives investment from L Catterton

Viee, a producer of plant-based drinks, has received an investment from consumer-focused firm L Catterton.

Dairy

IFF bolsters presence in Asia with renovation of Shanghai innovation centre

IFF has revealed plans to renovate and expand its facilities in Shanghai, China, constructing a new Shanghai Creative Center.

Beverage

Fonterra to open sixth application centre in China

Dairy giant Fonterra has unveiled plans to open its sixth application centre in China, located in Wuhan.

Dairy

DSM-Firmenich completes sale of Jiangshan vitamin C plant in China

DSM-Firmenich has announced the completion of the sale of its 100% equity interest in DSM Jiangshan Pharmaceutical to Jingjiang Cosfocus Health Technology.

Business