Freedom Foods Group has formed a strategic partnership with Seamild Group in China.
Seamild is China’s leading oat based cereal food brand owner and manufacturer, which sources its oats from Western Australia.
The companies will expand the marketing and distribution of Freedom Foods products in China.
Both companies will also expand Seamild’s oat based cereal product range, sourced from Australia.
The cereals, oat clusters and snacks will then be launched in China in the second half of the 2017 calendar year.
Freedom Foods Group posted a net profit of $50.63 million at 30 June 2016
By Jessica Amir
Source: Finance News Network
Cécile Béliot has assumed the role of Bel Group chief executive officer, following the decision to separate the roles of chairman and CEO. The separation of the functions will enable Bel Group to develop in three areas of healthy snacking. Meanwhile, the company’s former CEO, Antoine Fiévet, has had his mandate renewed as chairman of the board.
US Food and Drug Administration (FDA) Commissioner Dr. Robert Califf was grilled by lawmakers during a House Appropriations subcommittee hearing, where he was slammed over the agency’s handling of the escalating infant formula shortage.
Sweegen is ramping up its efforts to reduce sugar across F&B applications while simultaneously tapping into the benefits of using antioxidants and bitter blocking technology. Speaking to FoodIngredientsFirst, Casey McCormick, vice president of global innovation at Sweegen, says product developers can find a broad range of solutions in Sweegen’s nature-based sweetener systems as brands elevate better-for-you foods.
