AFRICA'S NO.1 FOOD, BEVERAGE & MILLING INDUSTRY MAGAZINE

Gotland Spirits launches the world’s most sustainable Vodka

Feb 19, 2021Feb 19, 2021 Editor

SWEDEN – Scandinavian distillery start up Gotland Spirits has launched SPILL, the world’s first Vodka made from food waste. Spill according to a statement from the distiller was made possible through a partnership with Coop, one of Sweden’s largest grocery retailers. Gotland receives food waste from Coop to make its premium vodka and in the process, helping one of Sweden’s largest grocery chains become waste-free. The Food wastage problem Both the U.S. and the EU are similar in terms of where the most food gets wasted along the supply chain:…

Swedish dairy tech company DeLaval delivers double digit sales growth in 2020

Feb 9, 2021Feb 9, 2021 Editor

SWEDEN – DeLaval Group, is a market leader in integrated milking solutions, has delivered double digit sales growth in 2020 despite of challenges posed by the coronavirus pandemic. The double digit sales growth was riding on an elevated global demand of dairy products due to their high nutritional profile. As consumers demanded for more milk so was the pressure at the farms for added milking capacity leading to a unprecedented demand for integrated milk solutions. The DeLaval results for 2020 revealed a trend where more customers were showing an increased…

Sugar-free ice cream brand Nick’s raises US$30M to fund global expansion drive

Jan 18, 2021Jan 18, 2021 Editor

SWEDEN – Swedish ice cream brand Nick’s has raised US$30 million in funding to expand its production capacity, as well support its global expansion drive that majorly focuses om setting foot in the US and Germany. “Our key focus is to continue our international expansion with the US being our highest priority. We are also continuing our geographical expansion in Europe,” Stefan Lagerqvist, Nick’s CEO, said during an interview with FoodIngredientsFirst. Stefan Lagerqvist, further noted that Nicks also planned to use part of the funds to set up a new…

Food ingredients supplier AAK appoints Tomas Bergendahl as new Chief Financial Officer

Jan 14, 2021Jan 14, 2021 Editor

SWEDEN – AAK, a global food ingredients company, has appointed Tomas Bergendahl as its new Chief Financial Officer of AAK, replacing Fredrik Nilsson who has decided to pursue new opportunities outside of AAK. According to a statement from AAK, Tomas- a seasoned and highly experienced financial expert, is expected to assume his new role before August 1 this year. Tomas joins AAK from COWI Holding A/S – a leading international consulting group within engineering, economics and environmental science based in Denmark- where he served as CFO and Executive Vice President.…

Australia-based hydration solutions company Waterlogic expands presence in Sweden with the purchase of three firms

Jan 12, 2021Jan 12, 2021 Editor

SWEDEN – Waterlogic, an Australia-based hydration solutions company, has expanded its presence in Sweden with the acquisition of three companies; Vattentornet Aqua Concilio, Waterconcept and Thoreau International. Vattentornet Aqua Concilio services water dispensers in offices and workplaces across Sweden. Waterconcept, on the other hand, focuses on the HoReCa market under the Thoreau brand, while Thoreau International sells franchises for HoReCa businesses outside of Sweden. In Sweden, Waterlogic provides hydration solutions such as mains-fed water dispensers to a wide range of organisations in the country from offices and workplaces to hospitality…

Absolut Vodka launches its paper bottle prototype trial in Sweden and UK

Oct 19, 2020Oct 19, 2020 Editor

EUROPE – Vodka maker The Absolut Company (TAC), a part of the Pernod Ricard brand, has announced that it will begin a paper bottle prototype trial for its products in Sweden and the UK this fall in its next step towards sustainability. The bottles are made with 57 per cent paper and 43 per cent recycled plastic, are themselves recyclable and be tested with two products, Absolut Vodka and Absolut Mixt. The plastic is necessary to provide a layer to prevent liquid spillage. According to One Green Planet, the first…

LIVEKINDLY acquires Swedish plant-based food brand Oumph! to expand portfolio

Jun 17, 2020Jun 17, 2020 Editor

USA – To charge its ambitions of becoming one of the world’s largest plant-based food companies, The LIVEKINDLY co., has acquired plant-based brand Oumph! from Swedish company Food for Progress, for an undisclosed sum. Founded in 2014, Oumph! has been part of Food for Progress – which seeks to create a sustainable and secure worldwide food system – and a partner of the Research Institute of Sweden (RISE) which develops plant-based ingredients. Since the launch in Sweden back in 2015 the brand has gained popularity in the market and has…

Specialty ingredients supplier AAK appoints Sten Estrup as President Asia

May 4, 2020May 4, 2020 Editor

SWEDEN – Provider of value-adding vegetable oils & fats, AAK has appointed food industry veteran and former chief executive at Biomega Group, Sten Estrup as the company’s new President of Asia. Following his appointment, AAK also noted that Sten will be part of the company’s Executive Committee and will be based at the company’s Singapore office. Estrup, a Danish native, joins Sweden-based company with more than 25 years of experience across the food and health industries, holding executive roles within operations, sales, marketing, and commercial development. Most recently, he was…

Arla enters dairy alternative market with new brand and plant-based products

Mar 6, 2020Mar 6, 2020 Editor

DENMARK – Arla Foods, one of the world’s largest dairy cooperatives based in Denmark, has entered the dairy alternative market to meet the increasing number of consumers are looking for plant-based products. Arla is initially launching three oat drinks under a new brand called JÖRĐ, an umbrella brand for 100% plant-based products, and plans to expand the brand to provide an entire selection of plant-based food products. The Danish dairy processor says that it has leveraged its knowledge and expertise within food to develop the category with new and exciting…

Plant-based cheese startup Noquo Foods raises US$3.7m in seed funding

Jan 27, 2020Jan 27, 2020 Editor

SWEDEN – Noquo Foods has raised €3.25 million (US$3.7 million) in a seed funding to help the Swedish startup accelerate its R&D efforts towards developing plant-based cheese. Founded by Sorosh Tavakoli and Anja Leissner, Noquo Foods was established in early 2019 with a mission of developing plant-based alternatives for cheese and other dairy products. The €3.25 million seed funding round was led by Impact investment firm Astanor Ventures and was joined by 10 new investors including tech venture capital firms Nothzone, Inventure and Creandum. The investment round also counted a…