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-KH News Desk (cbedit@imaws.org) Snoek Wholesalers, a significant player in the distribution of fish and seafood products to the wholesale and retail trade in the nation, has been acquired by South African seafood distribution company Atlantis Foods. The transaction is a component of Atlantis Foods’ aim to expand its commercial activities and significantly boost revenue. Since its establishment in 1964, Snoek Wholesalers has processed and sold a wide range of seafood products, whether they are fresh, dried, smoked, or frozen. The company was originally created to process smoked snoek. Neil Pascall, Managing Director at Atlantis Foods said, “The acquisition of…

-KH News Desk (cbedit@imaws.org) Roquette, a pioneer of plant proteins and a global leader in plant-based ingredients, is happy to announce its investment in DAIZ Inc., a Japanese food tech startup that has created ground-breaking technology that uses the germination of plant seeds in conjunction with an extrusion process to improve the texture, flavour, and nutritional profile of plant-based foods. Roquette and DAIZ will be able to address the growing global demand for inventive and sustainable plant-based ingredients that have great taste and high-quality nutritional content thanks to this alliance, which will enable them to continue achieving their ambitious growth…

-KH News Desk (cbedit@imaws.org) Hippocrates, the father of modern medicine once said, “Death sits in the bowels. And bad digestion is the root of all evil.” This quote stands true even today. Your gut is the epicentre of your health. 70% of your immunity lies there. From integrative and lifestyle medicine to Ayurveda and even Yoga, gut health is considered the cornerstone of wellness. Understanding its importance, Holistic Nutrition – Integrative and lifestyle medicine practitioner Luke Coutinho and renowned Padma Shree Awardee Masterchef Sanjeev Kapoor have launched “The Good Gut Program”. Staggered across four weeks, this online educational course is…

-KH News Desk (cbedit@imaws.org) QSR chain, McDonald’s India – North & East has introduced the all-new Chicken McWings. The brand plans to capture the tastebuds of chicken fans with its distinct quality and taste, inspired by the North and East India taste palates. “Chicken McWings is an important addition to our menu as a response to the rising chicken consumption in India and increased demand for high-quality chicken products, giving our customers menu variety to choose from, when it comes to all-day menu. We are excited to add this exciting new menu item to our growing chicken portfolio.” said Rajeev…

-KH News Desk (cbedit@imaws.org) In order to support the expansion of Synercore Holdings’ product line, Norfund, the Norwegian Investment Fund for developing nations, is investing US$4.7 million in the South African food ingredient company. Since its founding in 2016, Synercore has specialized in the formulation, production, and distribution of food ingredients, particularly to firms that produce fast-moving consumer goods for the dairy and cereal sectors. The company is certain that this development will increase the variety of ingredients it offers and give the dairy and cereal industries in South Africa and abroad access to low-cost products. Similarly, Norfund is confident…

-KH News Desk (cbedit@imaws.org) The world’s first climate-resilient strawberry variety has just been released, according to Singrow, a Singapore-based agri-genomics company that has created a proprietary genomics technology platform. The new strawberry variety is how this revolutionary technology is used for the first time. The business is actively creating new crop sectors to solve the food security problems brought on by climate change throughout the world, particularly in Asia and Africa. The popularity of the innovative strawberry variety and other breakthroughs may fundamentally alter the course of the global struggle against malnutrition and food insecurity. The development of nutrient-dense crop…

-KH News Desk (cbedit@imaws.org) Vanguard International and RK Growers (RKG), two worldwide leaders in the fresh produce industry, have partnered strategically to expand their companies around the globe. Vanguard will use RK Growers as its purchasing agent for all goods made in Europe, and RK Growers will handle marketing, sales, and distribution into Asia on behalf of Vanguard. RKG, which has its headquarters in Italy, imports, investigates, picks, cultivates, and exclusively promotes novel cultivar kinds on the European market. The world’s top markets and grocery chains receive RKG’s products. Fresh fruits, vegetables, dried fruits, and wine are all part of…

-KH News Desk (cbedit@imaws.org) According to persons acquainted with the situation, the South African foodservice giant Bid Corp. is thinking about selling its Angliss operation in Asia. The persons, who requested anonymity because the material is private, stated that the Johannesburg-based group is working with an adviser to gauge interest in the unit. They said that the food distributor and wholesaler Angliss Asia may be sold for up to a few hundred million dollars. According to a trading update from Bidcorp in November, Angliss’s business in Greater China did not grow in 2022 as a result of restricted Covid laws,…

-KH News Desk (cbedit@imaws.org) For about $293 million, Chiquita Holdings Ltd. purchased Dole PLC’s fresh vegetable segment. The purchased company processes a variety of lettuce varieties, as well as salads and meal packages, as well as cauliflower, broccoli, celery, asparagus, artichokes, green onions, sprouts, radishes, and cabbage. The company made $1.28 billion in sales in 2021. Fresh Express and Chiquita International are among the companies that Chiquita Holdings owns. “The combination of both businesses, when consummated, will allow us to continue to create the best products under the Fresh Express umbrella,” said Jose Luis Catrale, chairman of Chiquita Holdings. “The…

-KH News Desk (cbedit@imaws.org) As rising costs exceeded an increase in orders at restaurants managed by the Indian franchisee of Domino’s Pizza and coffee chain Dunkin’ Donuts, Jubilant FoodWorks Ltd. reported a 40% decline in third-quarter profit. The company’s shares fell 8.8% to a more than eight-month low of 444.1 rupees after the findings were disclosed. For the three months ending in October and December, the corporation reported a decrease in earnings from 1.34 billion rupees to 803.6 million rupees ($9.82 million). A rise in Domino’s order volume drove a 10% increase in sales to 13.32 billion rupees. According to…