Mergers and Acquisitions from Asia

April 23, 2014

Mahindra en HZPC beginnen gezamenlijke Indiase onderneming

HZPC Holland bv, wereldleider in aardappelveredeling, heeft vandaag in India met de Mahindra-groep (jaaromzet $16,7 miljard) in Chandigarh een overeenkomst getekend voor de oprichting van een gezamenlijke onderneming.

March 31, 2014

Universal Robina and Calbee sign joint venture to set up snacks factory in the Philippines

The Philippine-based Universal Robina Corporation has teamed up with Japan’s largest snack food company Calbee Inc. to establish a local manufacturing joint venture

Balaji Wafers offers a range of traditional Indian Snacks, next to regular potato chips

March 29, 2014

CIPEF may buy 15% in Balaji Wafers

Balaji Wafers Pvt. Ltd is in advanced talks with Capital International Private Equity Funds (CIPEF) to sell nearly 15% in the snacks maker according to two people familiar with the development, who did not want to be named.

From left to right: Feng Yanbin and Feng Xingyuan (previous owners), Dieter Vögtli (President Region Asia), Robert Zhu (new General Manager).

February 23, 2014

Bühler acquires majority stake in the Chinese company Yaoxian Machinery Guangzhou

Bühler Group has acquired an 80% stake in Yaoxian Machinery Guangzhou, a Chinese company which is well positioned in Southeast Asia in the market for Asian Pasta production systems.

October 08, 2013

PepsiCo no longer interested in a piece of Balaji Wafers?

Food &beverages giant PepsiCo India is believed to have backed out of the race to buy a stake in Rajkot-based Balaji Wafers.

August 21, 2013

PepsiCo said to be exploring offer for Balaji Wafers

PepsiCo Inc., the world’s largest snack-food maker, is among suitors exploring a bid for India’s Balaji Wafers Pvt as it pushes to sell more chips in developing countries, said two people familiar with the matter.

July 31, 2013

Balaji Wafers looking for investors

PepsiCo and Mondelez, along with their Indian counterparts ITC and Britannia, have been approached for a stake of Balaji Wafers - a 37-year-old india based wafer (potato chip), namkeen and savoury brand that dominates a number of states in western India.

September 23, 2012

KMC sells its Vietnamese tapioca starch factory to Nailun Group

Danish Starch manufacturer KMC announces on their website that they have sold their tapioca starch factory in Vietnam to the Chinese Inner Mongolia Nailun Group Co. Ltd.. The divesture this summer is part of KMC's continuously increasing focus on pota...

June 05, 2012

Roquette acquires assets of leading Indian starch manufacturer to become leader in a fast growing market

Roquette, one of the global leaders in the starch industry announced today in Lestrem (Pas-de-Calais, France) the acquisition of the 3 starch production sites of the leading Indian starch manufacturer, Riddhi Siddhi Gluco Biols Ltd. Roquette takes the ...

May 30, 2011

Simplot and Himalya International form Joint venture in India

Himalya International India &J R Simplot Company, USA have signed memorandum of understanding to form joint venture in India.

May 10, 2011

Calbee and Haitai form joint venture to produce chips in South Korea

Calbee Inc. said Tuesday it will set up in June a joint venture with Haitai Confectionery &Food Co. of South Korea that will make potato chips and other snacks in the country.

Bright Food Group Ltd. (Courtesy: China Daily)

October 07, 2010

Bright Food: Why a Chinese food company wants to gobble up Western outfits

Bright Food is a hungry company. The Shanghai government-controlled firm is reportedly among the bidders for GNC, an American nutrition-supplement chain.

September 10, 2010

PepsiCo India to set up low-cost foods unit as buy out talks with Balaji Wafers fail

After repeated unsuccessful attempts to buy out Gujarat-based snacks majors such as Balaji Wafers and A-Top Foods Products, beverage and snacks maker PepsiCo India is in the process of creating its own low-cost foods business and increasing manufactur...

April 05, 2008

SPS takes over Pailan's Potato Flake unit

The Rs 2000-crore SPS Group, with interests in steel, hotels and biscuits among other things, has taken over a potato flakes project set up by Apurba Saha's Pailan group, another diversified outfit that is into education, aviation, township developmen...

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