Sokolow to acquire Gzella to strengthen market position in Poland

POLAND - Sokolow Group has announced intentions to acquire Gzella Meat Group, a meat producer in Poland with the aim to strengthen the market position not only in Poland but also internationally. The transaction, whose approval awaits a go ahead from Polish competition authorities, involves formation of a merger between the companies and their brands…

Nibulon develops new infrastructure, increases exports with US$50 million funding from EBRD

EUROPE - Nibulon, which produces and exports grains and oilseeds worldwide,has embarked on a pervasive development plan of its infrastructure and logistical solutions with a US$50 million funding from European Bank for Reconstruction and Development (EBRD). The plan aims to increase Nibulon’s capacity for grain exports to up to 8 million tonnes per year, help…

Human errors involved in managing contaminated Lactalis’ baby milk

FRANCE - French retailers have blamed human errors to be involved in managing the contaminated Lactalis baby milk, a position they have defended concerning the Lactalis baby milk scandal. The retailers, who included representatives from Carrefour, Casino, Leclerc, Intermarché, Auchan, Système U and Cora said that despite Lactalis’ move to recall its baby milk, they…

IOI Loders Croklaan, Kerry Group collaborate to implement Small-Growers Support Program

MALAYSIA - IOI Loders and Kerry Group in collaboration with Wild Asia and Fortuna Palm Oil Mill have entered into a partnership to implement Small-Growers Support Program with an aim to boost small farmers’ productivity. Farmers with 0-500Ha land will be involved in IOI’s supply chain and these groups will support them in putting in…

BakeMark acquires Multifoods brand and two manufacturing facilities from CSM Bakery Solutions

USA - BakeMark USA LLC., a dealer in bakery ingredients, products and supplies has announced the acquisition of Multifoods brand and two manufacturing facilities from CSM Bakery Solutions. BakeMark will enjoy a broad portfolio from Multifoods brand as well as an expanded manufacturing footprint with the acquisition of the two manufacturing facilities located in Elyria,…

Super Group experiences good revenue growth in end-December 2017

SOUTH AFRICA - Super Group, a broad-based supply chain management business,  has said it had good revenue growth throughout the company in the six months to End-December 2017, pushing aside political uncertainty and adverse trading conditions in Africa, Europe and the UK. Australian economic conditions were stable, with good growth in certain industries, the supply…

Struggling plastics unit results in more than 5% HEPS decline at Transpaco

SOUTH AFRICA - Paper and plastic packaging group Transpaco has blamed a 5.4% decline in headline earnings per share (HEPS) on a tough economic environment, especially for its plastics division. HEPS slid to 168.2c in the six months to End-December, the company said in its interim results for the period released on Tuesday. Price deflation…

Midlands Horticultural Processing Factory in finds fresh life in vegetables

KENYA - A business partnership between a United States based export company and a US$11.8 million horticultural processing factory in Nyandarua has re-energized farmers in the area. Officially opened in 2004, Midlands Horticultural Processing Factory nearly collapsed due to years of mismanagement. Farmers lost confidence in the facility, opting to sell their potato to brokers.…