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Parmalat to acquire Kraft's natural cheese division for $1.62B

Under the terms of the agreement, Kraft Heinz will sell its production facility located in Ingleside, Ontario. Kraft Heinz Canada will also transfer approximately 400 employees from that facility to Parmalat ....

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Over US$ 100 Bn worth of Baby Foods Poised to be Sold Globally by 2026-end – KSU


Over US$ 100 Bn worth of Baby Foods Poised to be Sold Globally by 2026-end
atulpmrJune 30, 2021
6
Increasing incidences of malnutrition among children has spurred the global demand for nutritional baby foods. The overall food and beverage industry has witnessed a steady rise in the production of baby foods over the past few years. Parents with traditional approach towards providing nutrition to their babies are shifting to baby foods. However, companies producing baby foods are being strictly regulated by global bodies that check the quality of these products. Moreover, with developments in production of baby foods, companies are facing challenges in remaining cost-effective. ....

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