GFM Network News


Soup maker Baxters sells Canadian arm

The Canadian business of Scottish soup and condiment maker Baxters Food Group is back in Canadian hands, including private, public and labour-sponsored Quebec investors. Provincial venture capital firm Investissement Quebec and labour-sponsored Fonds de solidarite FTQ and Fondaction announced Tuesday they would each put up $8 million, plus an unspecified amount from investors led by […] Read more

Canada to probe claims of Turkish pasta dumping

Three Canadian makers of dry wheat pasta have got their wish for a probe into whether competing products from Turkey are being dumped into the Canadian market. The Canada Border Services Agency (CBSA) announced Tuesday it has launched an investigation into whether certain pasta products originating in or exported from Turkey are being sold at […] Read more


Australia clears JBS bid for pork firm Primo

Sydney | Reuters — Australian regulators have approved a bid by the U.S. arm of Brazilian beef giant JBS to acquire Australian Consolidated Food Holdings Pty. Ltd. (Primo) for an undisclosed sum, Treasurer Joe Hockey said on Wednesday. The approval by Australia’s Foreign Investment Review Board (FIRB), subject to conditions at Primo’s abattoir, allows the […] Read more