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GERMANY - DMK Group, Germany's largest dairy company, has announced that it will reduce the sugar content of products throughout its Milram range, as the company aims to adapt to the changing nutritional demands of consumers. According to the company, it will implement this new strategy in three phases. Firstly, Milram’s buttermilk and kefir drinks…
SPAIN - Mahou San Miguel, a Spanish brewing company, has invested US$3.75 million in its hospitality industry to develop the company’s sustainable chiller. According to the FoodBev, the company said that the new Ecocooler chiller uses propane for refrigeration, which reduces the carbon emissions of the chiller to zero while increasing refrigeration yield by 8%.…
USA - Constellation Brands, a leading beverage alcohol company, has announced that it has acquired 38% ownership of Canopy Growth Corporation, a leading diversified cannabis company. The companies also announced a significant expansion of their strategic partnership to position Canopy Growth as the global leader in cannabis production, branding, intellectual property and retailing. According to…
USA – The U.S. Food and Drug Administration (FDA) has awarded GEA a letter of no objection (LONO) for its ABF 1.2 technology, an integrated blowing, filling and capping solution featuring a fully aseptic rotary blowing machine. According to GEA, that is the only system equipped with a 100% aseptic blower that is allowed to…
USA – The American coffee company and coffeehouse chain Starbucks has released its new plant-based Starbucks Protein Blended Cold Brew on menus nationwide, for customers looking for a new way to refuel. According to the company, the new beverages are offered in Almond and Cacao and are available at participating Starbucks stores across the U.S…
UK - Edinburgh-based private equity fund, Inverleith, has made a seven figure, multi-million GBP investment in Braham and Murray Good Hemp, a plant based food and drink brand which manufactures products from hemp seed. According to Private Equity, Inverleith invests in consumer brand companies within the health & wellbeing, lifestyle and heritage sectors. It specialises…
INDIA - Salt intake among adult Indians has been found to be high and exceeding the levels recommended by the World Health Organisation, according to a recent study conducted by the Public Health Foundation of India (PHFI). According to Economic Times India, the scientific evidence indicates that high dietary salt intake has detrimental effects on…
FRANCE - France plans to introduce a penalty system next year that would increase the costs of consumer goods with packaging made of non-recycled plastic. The project is part of a pledge to use only recycled plastic nationwide by 2025, an environment ministry official told Euractiv. Brune Poirson, secretary of state for ecological transition, said…
SINGAPORE – Olam International, a leading and the third largest agri-business in the world, has reported lower financial results against its strong performance in previous corresponding period. The company has reported that its Profit After Tax and Minority Interests (PATMI) is down 36.4% to US$94 million, with the operational PATMI down 40.6% to US$91.4 million.…
NEW ZEALAND - Fonterra Co-operative Group, a multinational dairy co-operative, has announced that Miles Hurrell will take over as the Co-operative’s interim Chief Executive with immediate effect. According to the company, Mr Hurrell is currently the Co-operative’s Chief Operating Officer, Farm Source – the unit responsible for working directly with the Co-operative’s farmer-owners. In that…
