Latest news and articles about food sector from NEX English
Ben Dawood Holding Company has announced its acquisition of 51% of Chocolate Company in a deal valued at <strong>218 million Saudi Riyals</strong>. This move aligns with the company's strategy to expand in the food sector.
The seventh edition of the Libya International Food Exhibition concluded in Tripoli from October 15 to 18, 2023, featuring extensive participation from economic and industrial sectors, alongside notable official and international attendance.
Unilever and McCormick have announced a strategic agreement aimed at enhancing their presence in the food sector, reflecting new trends in the global market. This partnership comes at a time of significant transformations in consumer consumption patterns.
Recent reports indicate that rising gas and oil prices jeopardize the food supply chain from farmers to consumers. This situation may reignite discussions on reopening trade negotiations, raising concerns about a return to inflation similar to that experienced during the 2022 crisis.