SWITZERLAND – Swiss chocolate manufacturer, Barry Callebaut has revealed that it is on track to towards its goal to produce completely sustainable chocolate by 2025. In its latest “Forever Chocolate” progress report, Barry highlighted a number of achievements that it has made over the past year, key among them being a 17% reduction in its carbon intensity per metric ton of product when compared to 2016 levels. In addition, the company revealed that 214,584 cocoa farmers are estimated to be liberated from poverty in the company’s direct supply chain. Barry Callebaut was also proud to…
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Nampak reports improved performance in all divisions registers 24% growth in revenue
SOUTH AFRICA – Africa’s leading diversified packaging manufacturer, Nampak, has reported a 24% rise in revenue to R14 billion driven primarily by strong results from the Metals division, as a result of a solid performance by Bevcan operations in South Africa and Nigeria. Erik Smuts, Nampak CEO, said, “Nampak had a successful financial year, driven by the recovery of all the South African metals operations, significant growth in the Nigerian beverage can market, new customers in Zambia and continued strong demand for our products in Zimbabwe.” Revenue from the Metals…
Read MoreAlapala expands capabilities in pasta production technology with acquisition of Axor Srl
ITALY – Global grain milling and handling system technologies provider, Alapala is set to acquire a majority of the shares of Axor Srl in an effort to bolster its capabilities in pasta technologies. Alapala already has created a name for itself as a leading provider of turnkey wheat, semolina, maize, and feed mills with over 700 successfully completed projects. Italian pasta technology company, Axor Srl is, on the other hand, a leader in its field, delivering pasta production plants worldwide. Under the deal, the two leaders in grain milling technology…
Read MoreT. Hasegawa USA plans new facility to drive growth in US flavour market
USA – Japanese flavour and fragrance company T. Hasegawa USA has unveiled plans to open a new production facility in Rancho Cucamonga, California to take advantage of the growing demand for flavours. The new 60,000-square-foot plant will double T. Hasegawa’s production capabilities in the US market and will primarily produce sweet food and beverage flavours. It will also contain equipment for liquid blending, spray dry technology for powdered flavours and flavour extraction equipment. Hasegawa plans to continue to operate from its US headquarters in Cerritos, California, but will shift current…
Read MoreArla Foods Ingredients’ fractionation technology to enable selection of specific pure milk proteins
DENMARK – Arla Foods Ingredients (AFI) has developed an advanced milk separation technology that has the capacity to separate milk into its different protein components. The Demark-based ingredients supplier says its new innovation called milk fractionation will enable the selection of specific pure milk proteins, such as casein and serum whey proteins. With the new technology, AFI is confident that it will be better positioned to create next-generation dairy products, for applications spanning infant formula and sports nutrition to hospitality and clinical nutrition. “The method has been several…
Read MoreAfrica’s glass manufacturing giant Consol finally finds new owner in global packaging major Ardagh Group
SOUTH AFRICA – Ardagh Group, global supplier of sustainable, infinitely recyclable, metal and glass packaging for brand owners, has agreed to acquire Consol Holdings Proprietary Limited, the leading producer of glass packaging on the African continent, for an equity value of ZAR10.1 billion (US$635 million). Headquartered in Johannesburg, and founded in 1946, Consol is the market leader in South Africa, operating four well-invested glass production facilities. It serves a broad range of leading international, regional and domestic customers, principally in the beer, wine, spirits, food and non-alcoholic beverage sectors. Ardagh…
Read MoreGivaudan bolsters presence in the Nordics with the opening new center in Sweden
SWEDEN – Swiss multinational manufacturer of flavors and fragrances, Givaudan has expanded its presence in the Nordics with its new Nordic Experience Centre in Sweden. The new product development facility is Givaudan’s first in the Nordics and is located in Malmö, Sweden. It houses a lab space and equipment for product development across Givaudan’s full Taste & Wellbeing portfolio and all product segments. The facility also boasts a culinary demo kitchen for co-creation. Givaudan noted that bringing these facilities closer to the company’s customer-based will help it ‘effectively identify…
Read MoreAdenia, Proparco acquires MEA region’s leading catering service provider Overseas Catering Services
MOROCCO – Overseas Catering Services (OCS), a leading corporate catering and related services provider in Africa and the Middle East, has welcomed new owners to steer it to future growth. Adenia Partners, a private equity firm investing in Africa, has partnered with Proparco, the private sector financing arm of Agence Française de Développement Group (AFD Group), to buy the entity for an undisclosed amount. The investment, will support OCS’s organic and external growth and deliver on the management team’s objective to develop a leading platform in the catering and facilities…
Read MoreAruwa Capital invests in Nigerian hibiscus processor Agroeknor International
NIGERIA – AgroEknor International, a Nigerian fast-growing hibiscus flower exporter and wellness brand has clinched an early-stage growth equity investment from Aruwa Capital Management. AgroEknor, founded in 2013 is primarily engaged in the processing and exportation of dried hibiscus flowers, a superfood and wellness product. This funding is aimed to accelerate the company’s growth and expansion in select Asian, European and North American markets where it already has key clients. It will also enable it to acquire certifications for global food, safety and hygiene, while further spearheading its plans to…
Read MoreArdagh Group invests US$200m in new UK can plant to meet rising demand in Europe
UK – Ardagh Metal Packaging (AMP), a division of Ardagh Group, is set to build a US$200 million beverage can facility near Belfast in Northern Ireland to meet rising demand from its customers in Europe. The project is part of the firm’s multi-billion-dollar investment strategy to strengthen its recyclable metal packaging capacity in Europe, North America, and Brazil. AMP’s CEO, Oliver Graham, said: “This exciting project is an important part of AMP’s global investment programme. We are delighted to be investing in Northern Ireland, supporting our clients’ sustainability needs and further reducing our carbon footprint by…
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