Sydney, September 15, 2022 – PAG, a leading investment firm focused on the Asia-Pacific region, announced today that it has entered into agreements to acquire Patties Foods (“Patties”) and Vesco Foods (“Vesco”), subject to regulatory approvals. Terms of the deals were not disclosed. Patties, with its origins dating back over 50 years, is well known for producing some of Australia and New Zealand’s favourite savoury snacks, appetisers, meals, and desserts, including its signature pies, party … [Read more...] about PAG to Acquire Patties Foods and Vesco Foods
Factory Talk
Cargill inaugurates corn wet mill in Indonesia
With an investment of USD 100 million (IDR 1.3 trillion), the new facility is expected to help grow the country’s food and beverage industry as well as strengthen the local economy. Cargill inaugurated its corn wet mill in Pandaan, Pasuruan, and Surabaya to meet the growing demand for starches, sweeteners, and feed markets in Asia and Indonesia. This USD 100 million (IDR 1.3 trillion) facility, built during the pandemic, is also expected to benefit the local economy by creating up to 4,000 … [Read more...] about Cargill inaugurates corn wet mill in Indonesia
WA food and beverage showcase at Asia’s premier trade event
WA display and delegation at Food and Hotel Asia - Food and Beverage 2022McGowan Government supporting trade reconnection, opportunities, and business growth A diverse showcase of premium Western Australian food and beverage products is on display at Asia's premier trade exhibition in Singapore this week, supported by the State Government. Food and Hotel Asia - Food and Beverage 2022 attracts 55,000 buyers, distributors, agents, and hospitality operators from throughout the region and … [Read more...] about WA food and beverage showcase at Asia’s premier trade event
