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News of 7 September month year 2010
fsanz invites comment on advantame artificial sweetener
spain bans junk food in schools
vitamin d fortified mushrooms to hit aussie shelves
woolworths to sell off shopping centres, lease back
Thursday 24 May 2012
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  tsg to sell don miguel mexican foods to megamex  

the acquisition is subject to customary closing conditions, and is anticipated to close in october 2010. the companies did not reveal the purchase price.
don miguel is a provider of branded, frozen and fresh mexican flavored appetizers, snacks and handheld items.
tsg focuses on investing in natural and organic foods companies, and also companies operating in ethnic foods, functional food and beverage domains.
tsg managing director and partner james o’hara said that the company has built a differentiated brand based on a portfolio of great tasting, authentically spiced, premium products, and view megamex as the ideal steward for continuing to grow the business going forward.
“don miguel represents another significant success for tsg following a series of exceptional realized investments that more recently included smashbox cosmetics, pureology, smart balance and vitaminwater,” o'hara said.
don miguel chairman steve charton said that tsg consumer has been a tremendous partner over the past 7 or more years.
“besides providing substantial consumer sector expertise, tsg was enthusiastic about continuing to make the substantial investments in operations, new product development and sales and marketing activities that were critical to our accelerated growth,” charton said.


    Source :food-business-review.com     Date : 7  September   2010    Category : restaurants and Food industrie


fsanz invites comment on advantame artificial sweetener

food standards australian new zealand has invited comment on a plan to approve japanese-made sweetener advantame. the sweetener, made by the world’s largest aspartame supplier ajinomoto, was also submitted to the us’s food and drug administration in april. advantame is described as ‘thousands of times sweeter than sugar’, meaning that much smaller quantitites would be required to produce a sweet taste. more

 Source : ausfoodnews.com.au   Date : 7 September 2010   Category : Codiments,Desserts,food additi
spain bans junk food in schools

spain has launched a new law to curb the sale of “junk” food, snacks and drinks in the country’s schools to tackle growing obesity rates, the health ministry announced on friday (september 3). the legislation seeks to promote “healthy” food menus in schools, and will force the food industry to use new technologies to minimise trans-fat content in food products aimed at school children. according to the ministry, 9. more

 Source : ausfoodnews.com.au   Date : 7 September 2010   Category : Rest
vitamin d fortified mushrooms to hit aussie shelves

south australian agriculture and food minister michael o’brien said last night that moves towards vitamin d fortified mushrooms would bolster the south australian mushroom industry, an important supplier for australia’s second-biggest vegetable crop. the australian mushroom growers association said in may that the industry was preparing to adopt the new fortification technology, which raises vitamin d levels in mushrooms by exposing them to flashes of uv light. more

 Source : ausfoodnews.com.au   Date : 7 September 2010   Category : Food And Health
woolworths to sell off shopping centres, lease back

woolworths limited yesterday announced plans to sell off a portfolio of over 30 of its shopping centres on a long-term leaseback basis. the portfolio, valued at over $900 million, will be placed up for tender. woolworths said that, in order to facilitate expansion during the global financial crisis, the company has increased its involvement in site development using its own balance sheet, leading to the ownership of a large portfolio of completed retail centres - assets it now wishes to divest itself of, as a self-described ‘generally not a long term holder of property assets. more

 Source : ausfoodnews.com.au   Date : 7 September 2010   Category : restaurants and Food industrie
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