Emerging Markets

Indian biscuits and cake maker Anmol Industries has filed for an initial public offering. Pic: Anmol

Indian biscuit giant Anmol Industries files for IPO

By Gill Hyslop

Anmol Industries - a branded packaged food company focussing on biscuits and cakes - has filed draft papers with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).

A bread shortage would result in millions of Zimbabweans going without a basic staple. Pic: ©GettyImages/Golden_Brown

Zimbabwe could face a bread shortage

By Gill Hyslop

The Grain Millers Association of Zimbabwe spokesman Garikai Chaunza said the country had a week’s supply of wheat left, which means millions of Zimbabweans could be left without the daily staple.

The EU is funding a project to get the Kenyan cashew nut industry back on its feet. Pic: ©GettyImages/kolesnikovserg

EU helps Kenya revive cashew nut industry

By Gill Hyslop

The European Union (EU) is investing Ksh236m ($2.4m) to help Kenya revive its once thriving cashew nut industry that collapsed more than three decades ago.

Impulse snack purchases are a common yet declining consumer habit, Euromonitor finds. ©GettyImages/Wavebreakmedia

SWEETS & SNACKS EXPO

Are impulse snack purchases under siege? Euromonitor explains

By Mary Ellen Shoup

Nearly 70% of in-store snack purchases are unplanned -- indicating that impulse snack shopping is a shared habit among most consumers, Euromonitor senior analyst Jared Koerten said at the Sweets & Snack Expo in Chicago yesterday.

Indian biscuit and baked goods producer Mrs Bector's plans to be listed on the stock exchange by the end of the next calendar year. Pic: ©GettyImages/pupunkkop

New in brief

Mrs Bector’s plans 2019 IPO

By Gill Hyslop

Indian biscuit and bun producer Mrs Bector’s plans to list on the National Stock Exchange of India by the end of next calendar year.

Lanson Goup is making an entry into the Indian snack market with its new mini ready-to-eat poppadums. Pic: ©GettyImages/JoeGough

Lanson Group forays into ready-to-eat snacks segment

By Gill Hyslop

Indian conglomerate Lanson Group has announced its entry into the snacks segment with the launch of Popodax, mini ready-to-eat appalams designed to appeal to time-strapped Indian consumer.

Biotechnology company Novozymes is opening a new Technology & Innovation Centers in Istanbul. Pic: Novozymes

Novozymes opens Turkish Innovation & Technology Centre

By Gill Hyslop

Novozymes inaugurated its new Innovation & Technology Centre in Istanbul this month, focused on developing enzymes that could ultimately reduce food waste in the MEA (Middle East Africa) region.

Treofan Americas. Photo: CCL.

CCL Industries in talks to acquire Treofan America

By Jenny Eagle

CCL Industries has signed a binding agreement to acquire Treofan America and Trespaphan Mexico Holdings from M&C for approximately $255m with the deal expected to close in Q2, 2018.

KunaPops from Ecuadorian producer LiveKuna will be hitting the US shelves this month. Pic: LiveKuna

Ecuadorian probiotic snacks gain listing on Amazon

By Gill Hyslop

KunaPops, puffed quinoa and chia snacks produced by Ecuadorian organic flour and snack producer LiveKuna, will be listed on Amazon US this month, following its success in Canada.