USA – The American food corporation, Tyson Foods has announced that it has reached an agreement to acquire BRF SA’s operations in Thailand and Europe at a purchase price of US$340 million. The deal includes four processing facilities in Thailand, one processing facility in the Netherlands and one processing facility in the United Kingdom, previously…
EUROPE – The Finnish dairy products manufacturer, Valio has said that it has moved to 100% plant-based cartons for its milk, sour milk, cream and yogurt sold in Finland. This is in line with the set goal to achieve 100% plant-based carton packaging for all of its gable top milk, sour milk, cream and yoghurt…
EUROPE - Union of European Soft Drinks Associations (UNESDA) has elected Tim Brett, President, Coca-Cola Western Europe as President of UNESDA Soft Drinks Europe. Brett will be responsible for spearheading the association’s commitments including advancing the sustainability initiatives as well as creating a healthier food environment. UNESDA has committed to ensure 100% plastic packaging is…
EUROPE – Novio Packaging Group, a Netherlands based packaging manufacturer has acquired the Dutch packaging firm Flacopac and sister company Deflaco for an undisclosed sum. German-based Flacopac and Switzerland’s Deflaco produces a range of food and beverage packaging such as bottles, jars and closures, thus the acquisition gives Novio a significant presence in the industry.…
EUROPE – The North American packaged foods company, Conagra Brands has said that it is exploring strategic alternatives for its frozen pasta business, Gelit, headquartered in Ninfa, Italy. The company has started the process led by BNP Paribas, a French international banking group and has neither set a timetable for the strategic process nor made…
EUROPE – Azelis, a leading global supplier of speciality chemicals and food ingredients has announced that it has signed an agreement to acquire the Polish distributor of flavours, shelf life extenders, Euroconsultant Ltd. The deal whose purchase price has not been revealed, involves 100% shares in Euroconsultant with all employees joining the Azelis team. Euroconsultant…
EUROPE - The Archer Daniels Midland Company (ADM) has announced a long term partnership with Thailand based tapioca starch producer, General Starch Limited (GSL), to distribute the range in Europe as well as the Middle East and Africa. The agreement gives ADM exclusive distribution rights of the GSL modified tapioca starch products, which it will…
EUROPE – The global snacks and beverage giant, Pepsi Co has launched a global marketing campaign, ‘For The Love of It’ beginning with countries from Eastern Europe and Latin America. The company aims to adopt the marketing campaign in more than 100 countries throughout the year. It looks to ‘celebrate the pop and fizz of…
EUROPE – The global brewing company, Carlsberg Group has acquired 28.5% stake in Viacer, the major controlling shareholder of the Portugal brewing company, Super Bock Group. Viacer holds 56% of the shares in the company while Carlsberg will hold the remaining 44% shares in Super Bock Group. Following the transaction, the Carlsberg group direct and…
EUROPE - Mondelēz International has said that it has invested a further US$5 million in its Global Technical Center in Wroclaw, Poland to serve as an R&D centre for both local and global brands. The company said the new investment expands its research and development activities beyond Chocolate and Bakery and serve Gum and Candy…
