Joint Venture

The JV will include production of HFCS

Cargill and Arasco agree Middle East joint venture

By Caroline Scott-Thomas

Cargill has said it intends to create a new sweeteners and starches joint venture in Saudi Arabia with agri-business firm Arasco, saying it will give the company a foothold in the fast-growing Middle East and North African market.

Mondelez GCC sales director John Stephenson (centre) meets JV partners Khaled S. Olayan (left) and Salah Algosaibi (right)

Mondelez eyes Saudi expansion with new JV

By Oliver Nieburg

Cadbury owner Mondelez International has entered a joint venture to expand distribution in Saudi Arabia, which it calls an “important and strategic market” in the region.

Hershey's joint venture with Godrej dates back to 2007

Hershey denies Godrej split in India

By Oliver Nieburg

The Hershey Company has dismissed reports that it is set to sell its 51% stake in its Indian joint venture with the Godrej Group and tackle the market alone.