2 Sisters sells UK-based bakery foods business to Valeo Foods for US$83.48m

UK – 2 Sisters Food Group has entered into an agreement to sell its UK-based pudding business, trading as Matthew Walker to Valeo Foods Group for £67 million (US$83.48m). Headquartered in Derbyshire, Matthew Walker produces […]

Burton’s Biscuit Company acquires Paterson Arran in Scotland

UK – Burto’s Biscuit Company has acquired Scottish short bread an oatcake supplier Petarson Arran, to boost its presence in the food service market. Paterson Arran produces shortbread, oatcakes, biscuits and cookies as well as […]

South Africa’s Libstar launches par-baking facility to expand convenience foods

SOUTH AFRICA – Libstar, one of the leading producer of consumer packaged goods (CPG) in South Africa has launched an additional par-baking facility at its bakery division, Amaro Foods, to expand production capacity. The company […]

Intersnack Group acquires URC to boost Oceania operations

ASIA – Universal Robina Corporation (URC), a Philippine-based snack food and beverage company has partnered with the Dutch savory snacks producer Intersnack Group to boost its operations in Oceania. As part of the transaction, URC […]

Multivac acquires bakery equipment manufacturer Fritsch Group

GERMANY – Food processing and packaging solutions provider, Multivac has acquired Fritsch Group, a German based manufacturer of bakery equipment and machines. The deal expands Multivac’s range of solutions in the bakery industry including high-performance […]

Mars partners with Israeli venture fund to foster food innovation

ISRAEL – Mars Incorporated has partnered with Jerusalem Venture Partners (JVP), an Israel based venture capital fund to enhance innovation focused on food, wellness, agriculture and nutrition. The collaboration will see the partners work with […]

Cargill launches range of premium filling fats for ‘healthier snacking’ in Europe

EUROPE – Cargill has launched a new range of premium filling fats in Europe to address the growing need for tasty and yet healthier and cleaner products for health-conscious consumers. Called CremoFLEX, the new filling […]

tna co-founders Alf and Nadia Taylor awarded 2018 Ethnic Business Award

AUSTRALIA – Global food processing and packaging equipment manufacturer, tna has announced that its co-founders Alf and Nadia Taylor have been awarded with the 2018 Ethnic Business Award in the ‘Medium to Large Business’ category. […]