Finnish group Raisio to invest US$51m in new plant-based foods facility

EUROPE – Raisio Group has said that it is investing about US$51 million (EUR 45 million) in a new plant-based food production facility. This is in response to the growing demand for plant-based food products […]

Finland’s Fazer Group to sell food service business for US$538m

EUROPE – Finnish fast-moving consumer goods company, Fazer Group has agreed to sell its Fazer Food Services business to British foodservice company Compass Group for an enterprise value of approximately €475 million (US$538 million). The […]

Beyond Meat signs deal to produce own plant-based products in Europe

EUROPE – Meat alternatives company, Beyond Meat has expanded its partnership with Zandbergen World’s Finest Meat to produce its own plant-based products for the European market. Beyond meat will produce own-brand innovative plant-based meats at […]

South African retailer Spar Group to acquire controlling stake in Piotr Pawel

SOUTH AFRICA – Spar Group, a South African grocery chain said that it is in the final stages of talks to buy a controlling stake in Polish deli and supermarket chain Piotr i Pawel group […]

EU proposes to increase price transparency in food supply chain

EU – The European Commission has proposed to increase price transparency in what it says would help promote fairness in the food supply chain. The proposal seeks to introduce better ways to enhance transparency in […]

EU fines AB InBev US$224m over higher beer prices in Belgium

EU – The European Union has fined AB InBev, the world’s largest brewer US$224 million (€200.4 million) for breaching EU antitrust rules by restricting cross-border beer sales. The maker of Budweiser and Corona has been […]

Arla cuts on carbon footprint with more sustainable packaging in Europe

DENMARK – Danish dairy giant, Arla Foods has said that it is on track to achieve its sustainability ambitions, having made over 1 billion pieces of packaging more sustainable across Europe. The company now targets […]

Azelis and CP Kelco expands distribution partnership in the Nordics

EUROPE – Azelis, leading specialty ingredients supplier has announced that it has expanded its distribution agreement with CP Kelco to serve the food and beverage industry in the Nordic region. With the deal which becomes […]

AB InBev Q1 revenues grow 5.9% with double digit volume growth in Brazil

EUROPE – Anheuser-Busch InBev (AB InBev), world’s leading beer producer has reported strong performance, having registered 5.9% growth in revenues to US$12.59 billion during the first quarter. The period was strongly supported by Brazil, which […]

Schur Flexibles appoints Michael Schernthaner as new CEO

EUROPE – Schur Flexibles Group, Europe’s leading provider of flexible packaging has appointed Michael Schernthaner as the new Chief Executive Officer of the company. Michael Schernthaner, 41 has been appointed to the helms after serving […]