Australian-produced Fonterra Mozzarella Cheese to Supply the Chinese Pizza Market

Australian mozzarella cheese from Victoria will be exported to China for the first time, it was announced on Tuesday [1 August 2017]. Fonterra Australia, one of the country’s leading dairy companies, will send cheese from its new $112 million factory in Stanhope, 197 kilometers north of Melbourne, to China for use on pizza…Full Article: China

Beijing Sanyuan Foods and Fosun Close to Purchasing France’s St Hubert

Fosun International, the Chinese insurance-to-tourism conglomerate, and Beijing Sanyuan Foods are close to a joint deal to buy French margarine and health food maker St Hubert from Montagu Private Equity, according to a joint statement from the two Chinese firms…Full Article: South China Morning Post July 2017 Key Points The Chinese acquisition of St Hubert,