Capsul’in Pro launches world’s first biobased coffee capsule with high oxygen barrier properties

LUXEMBOURG –  Capsul’in Pro has launched world’s first home compostable biobased coffee capsule in efforts to make coffee packaging more sustainable and environmentally friendly. The Luxembourg-based company says its Nespresso®-compatible coffee capsule is a first of its kind given that its 100% biobased and certified as a home compostable. The zero-impact capsule also has high oxygen barrier properties that protect the flavour and aroma of the coffee.  Being completely plant-based, the capsules do not contain materials derived from fossil fuels and can be put in a home compost bin or…

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Sodrugestvo Group secures US$130m to expand its ago-industrial operations in Europe

EUROPE – Sodrugestvo Group, an international agro-industrial conglomerate incorporated in Luxembourg, has secured a USS$130 million financing arrangement to facilitate expansion its agro-processing activities in Europe. Sodrugestvo Group plans to use the US$130m from the European Bank for Reconstruction and Development (EBRD) to boost cross-border cooperation and benefit local farmers, sourcing, transportation, processing and distribution of animal feed products. The European development bank revealed that the financing arrangement will be in form of a syndicated loan consisting of an A-loan of up to US$85 million for the Bank’s own account…

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Amber Beverage Group secures US$29m in financing to support expansion

EUROPE – Luxembourg-based spirits producer and distributor, Amber Beverage Group (ABG), has secured a €27 million (US$29.99 million) credit facility from Swiss bank, Credit Suisse AG. Amber Beverage said that the proceeds will used to improve the effectiveness of its operations to support the company’s expansion plans. “Having sufficient capital to run your global business is crucial to ensure operations run smoothly,” said Jekaterina Stuge, CFO of Amber Beverage Group. “The boost from Credit Suisse will help us to consolidate our cash flow from Australia, the UK, Austria within one…

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