Zhuhai CLZ Investment and Israeli Company Sign Agreements Relating to Seafood Production

Zhuhai Agricultural Investment Holding Group Co signed $3 million in deals with Israel-based Trendlines Group and Tiran Shipping at the 3rd China-Israel Investment Summit being held June 27 and 28. The investment is to jointly incubate and construct hi-tech agricultural projects…Full Article: City of Zhuhai June 2017 Key Point As a result of the agreement,

ChemChina Buy Out of Israel’s Adama Agricultural Solutions Expected to be Completed by the End of June 2017

Adama Agricultural Solutions Ltd. (TASE: ADAMA), which produces agricultural pesticides, is one step closer to being merged into Chinese company Sanonda, listed on the Shenzhen Stock Exchange…Full Article: Globes Sept 2016 Key Point Adama Agricultural Solutions expects the merger with ChemChina to be completed by the end of June 2017. ChinaAg Comments As of July

ChemChina Subsidiary Expected to Complete Takeover of Israeli Agrochemical Company by 2017

Adama Agricultural Solutions said a possible merger with smaller Chinese rival Sanonda, first announced last year, could be completed in the first half of 2017. Sanonda is a subsidiary of China National Chemical Corp (ChemChina), which also owns 60% of Adama and may also buy the remaining 40% of the Israeli company, which is the

Beverage Company Wahaha Group to Seek Israeli Help for Setting Up Industrial Robots in its New Lin’an Factory

China’s largest beverage producer Hangzhou Wahaha Group Co Ltd is planning to set up a new factory to expand the production of industrial robots as part of a business transformation. The value of the investment was not revealed, but Chairman Zong Qinghou told China Daily the figure could be significant. “Besides sticking to our main business

Zhejiang Tech Company Teams Up with Israeli Software Company to Create QR Code based Food Traceability System

Creating a system to trace the entire process of food and agricultural products going from field to table will be an effective way to solve the food safety problem in China, Zheng Xinli, chairman of Zhejiang Evoture Net Technology Co Ltd said. China’s new food security law took effect on October 1 last year, emphasizing

Shanghai’s Bright Food Group Pushing for Massive Layoffs at its Recently Acquired Israeli Food Company

Chinese company Bright Food is extremely disappointed with the weak performance of Tnuva Food Industries Ltd. since its acquisition of Israel’s largest food producer. Forecasts on the company’s performance have not been met and newly appointed CEO Eyal Malis is now being asked to implement a streamlining process that will involve hundreds of layoffs. The

Shanghai’s Bright Food Upset Over Recent High-Priced Acquisition of Israel’s Tnuva Food

At the end of the first quarter this year, the Apax Partners investment fund and Mivtach Shamir Holdings Ltd., controlled by Meir Shamir, completed one of the biggest and most successful deals in Israel in years by selling their controlling interest in Tnuva Food Industries Ltd. to Chinese company Bright Food for NIS 8.6 billion,