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Agrial Continues Strategic Expansion With German Dairy Acquisition

    Agrial Continues Strategic Expansion With German Dairy Acquisition

Agrial, the French farming and food co-operative, is continuing its quest to create value for its dairy farmer members by acquiring German company Rotkappchen Peter Julich Group, a specialist in cow’s and goat’s milk cheeses. The acquisition of Rotkappchen Peter Julich Group, which owns three famous brands in Germany, furthers the growth strategy of Eurial, […]

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€191 Million to Promote EU Agri-food Products at Home and Abroad

    €191 Million to Promote EU Agri-food Products at Home and Abroad

The European Commission has adopted the 2019 promotion policy work programme, with €191.6million to be made available for programmes selected for EU co-financing – an increase of €12.5 million compared with 2018. €89 million will be allocated to campaigns in high growth countries such as Canada, China, Colombia, Japan, Korea, Mexico, and the United States. Some […]

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Pearse Lyons Brewery to Open New Facility at Historic Irish Site

    Pearse Lyons Brewery to Open New Facility at Historic Irish Site

Alltech Beverage Division Ireland (ABDI) has made an announcement about the planned opening of a new brewery at the historic site of the old MacArdle Moore Brewery in Dundalk. The new Pearse Lyons Brewery will incorporate the relocation of the Station Works Brewery in Newry, which was acquired by the late Dr. Pearse Lyons in […]

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Premier Foods Shows Resilience

    Premier Foods Shows Resilience

Premier Foods has reported a 1.3% increase in group revenue to £358.0 million and a 6.2% rise in trading profit to £51.0 million for the 26 weeks ended 29 September 2018. The group’s largest brand, Mr Kipling, was key to this growth following an excellent consumer response to its relaunch in the UK with revenues […]

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Greene King Chief to Step Down

    Greene King Chief to Step Down

Rooney Anand, chief executive of UK brewer and pub group Greene King, intends to step down from the role at the end of the current financial year ending 30th April 2019. The process to appoint his successor is well advanced and a further announcement concerning succession is expected to be made early in the new […]

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Innovation Driving Dairy Crest

    Innovation Driving Dairy Crest

Dairy Crest Group has reported a 2% rise in revenue to £224.9 million and a 13% increase in adjusted profit before tax to £22.7 million for the first six months ended 30 September 2018 as its two largest brands, Cathedral City and Clover, delivered strong growth of 7% and 9% respectively and demand for the […]

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Diageo Sells Portfolio of Brands to Sazerac

    Diageo Sells Portfolio of Brands to Sazerac

Diageo has agreed the sale of nineteen brands to Sazerac, the US-based alcoholic beverages company, for an aggregate consideration of $550 million. The net proceeds of approximately £340 million, after tax and transaction costs, will be returned to shareholders through a share repurchase following completion, which will be incremental to the previously announced programme of […]

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Parmalat Acquires Canadian Natural Cheese Division of Kraft Heinz For €1.1 Billion

    Parmalat Acquires Canadian Natural Cheese Division of Kraft Heinz For €1.1 Billion

Parmalat, the Italian dairy group, is acquiring Kraft Heinz Canada’s division that produces and markets Kraft’s natural cheese products, mainly under the Cracker Barrel, P’tit Quebec and aMOOza brands, for C$1.62 billion (€1.1 billion). Net revenue generated by the business being acquired amounted to about C$560 million (€374 million) in 2017. The acquired business includes […]

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Lantmännen Unibake Expands in Australia

    Lantmännen Unibake Expands in Australia

The international bakery group Lantmännen Unibake has signed an agreement to acquire the Australian pastry manufacturer Bakery du Jour. The acquisition is an important step to expand Lantmännen Unibake’s global footprint.
Family-owned Bakery du Jour was founded more than 20 years ago and is a leading supplier of premium pastry products to major Australian retailers as […]

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Leading Global Online Grocery Markets to Create a $227 Billion Growth Opportunity by 2023

    Leading Global Online Grocery Markets to Create a $227 Billion Growth Opportunity by 2023

Ten leading global online grocery markets are predicted to experience combined growth of $227 billion, at an annual rate of 20%, by 2023, according to new figures unveiled by IGD. As the global leader in grocery eCommerce, China will grow at a 31% CAGR over the next five years, taking market share from 3.8% to 11.2%. […]

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PepsiCo to Acquire Pipers Crisps

    PepsiCo to Acquire Pipers Crisps

PepsiCo intends to acquire premium crisps brand Pipers, subject to approval from the UK Competition and Markets Authority. PepsiCo plans to accelerate the growth of the Pipers business in the UK and will continue to develop the export of its products.
The kettle-cooked, gourmet crisp brand will complement PepsiCo’s existing savoury snacks portfolio, with Pipers’ award-winning […]

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Danish Crown Establishes Major Partnership With Alibaba’s Win-Chain

    Danish Crown Establishes Major Partnership With Alibaba’s Win-Chain

Danish Crown and Alibaba’s Win-Chain have signed an agreement on weekly deliveries of 250 tonnes of Danish pork from Danish Crown’s new factory in China for five years. The agreement is worth at least €300 million.
Even before the first pork chop based on Danish raw material has been cut and packaged at Danish Crown’s new […]

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Bakkavor Opens Two US Factories as Part of Strategic Growth Plans

    Bakkavor Opens Two US Factories as Part of Strategic Growth Plans

Bakkavor Group, the leading provider of fresh prepared food in the UK, has formally opened two new factories in the US as part of its strategy to accelerate its international expansion. Working in close partnership with one of its key customers, the major US retailer HEB, the group has built Bakkavor Texas, a dedicated new […]

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Irish Foodservice Market Set to Grow by 6.1% to Reach Value of €8.2 Billion in 2018

    Irish Foodservice Market Set to Grow by 6.1% to Reach Value of €8.2 Billion in 2018

Bord Bia (Irish Food Board) has released the findings of its 2018 Irish Foodservice Market Insights Report which shows that Ireland’s foodservice market is set to grow by 6.1% this year to reach a value of €8.2 billion. The report tracks trends in consumer behaviour when eating out of home and also highlights some of the challenges […]

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Another Year of Progress at ABF

    Another Year of Progress at ABF

Associated British Foods has reported a 1% increase in group revenue to £15.6 billion for year ended 15 September 2018. Statutory operating profit rose 1% to £1.34 billion. Taking into account the benefit of a one-time profit on the sale of businesses last year, statutory profit before tax was down 19% to £1.279 billion and […]

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Heineken and China Resources Join Forces

    Heineken and China Resources Join Forces

Heineken has signed definitive agreements with China Resources Enterprise (CRE) and China Resources Beer (CR Beer) to create a long-term strategic partnership for Mainland China, Hong Kong and Macau. Heineken will become CRE’s 40% minority partner in holding company CRH (Beer), which controls CR Beer, the undisputed market leader in the world’s largest beer market, […]

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BrauBeviale 2018 Set to Create Fresh Momentum and Inspire

    BrauBeviale 2018 Set to Create Fresh Momentum and Inspire

BrauBeviale will once again welcome professionals from the international beverage community to the exhibition halls in Nuremberg from 13th to 15th November 2018.
The exhibition team for the world’s biggest capital goods fair for the beverage industry this year made use of the scheduled break from the event’s three-year cycle to fine-tune the concept, ask around […]

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Constellation Brands Moves into Medical Cannabis

    Constellation Brands Moves into Medical Cannabis

Constellation Brands, a leading international producer and marketer of beer, wine and spirits with operations in the US, Mexico, New Zealand, Italy and Canada, has closed its C$5 billion (US$4 billion) investment in Canopy Growth, a diversified cannabis and hemp company, offering distinct brands and curated cannabis varieties in dried, oil and Softgel capsule forms. […]

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European Commission Approves Mars’ Pet Food Acquisition

    European Commission Approves Mars’ Pet Food Acquisition

The European Commission has approved, under the EU Merger Regulation, the acquisition of AniCura, a veterinary clinic chain, by Mars, the US-based consumer products giant. The approval is conditional on the divestment of AniCura’s VetFamily business.
Mars supplies pet food through its Mars Petcare division, which is active amongst others in the dietetic pet food segment […]

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Further Changes in Corporate Functions as Arla Foods Continues to Transform

    Further Changes in Corporate Functions as Arla Foods Continues to Transform

Arla Foods has announced further changes to a number of its corporate group functions as part of its ongoing transformation programme Calcium. Earlier this year, farmer-owned Arla Foods launched a three-year programme called ‘Calcium’ which sets out to achieve over  €400 million savings and efficiencies and transform Arla Foods into a stronger and more competitive […]

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Mondelēz International Unveils New Global Technical Centre in India

    Mondelēz International Unveils New Global Technical Centre in India

Mondelēz International has inaugurated its newest global Technical Centre in India located in Thane, Maharashtra. The India Technical Centre has been set up with an investment of $15 million and will support new products and technologies for the company’s global brands in Chocolate and Beverages. The Technical Centre will also focus on improving consumer science, […]

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Sugar Reduction and Clean Labeling Significant But Not Predominant in Sugar Confectionery Choices

    Sugar Reduction and Clean Labeling Significant But Not Predominant in Sugar Confectionery Choices

Across the ten highest consuming nations for both sugar confectionery and gum, consumption is increasing, with CAGRs ranging from 0.5 percent to 3.0 percent over the 2010-2022 forecasted period. Global sales were worth US$85.8 billion in 2017 and expected to reach around US$100 billion by 2022 (Innova Market Insights, 2018).
“While concerns about the unhealthiness of […]

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2 Sisters Takes Another Major Step in Business Transformation

    2 Sisters Takes Another Major Step in Business Transformation

2 Sisters Food Group has announcing another major step in transforming its business with a disposal which will allow it to focus on strengthening its core operations. 2 Sisters has agreed to sell its Manton Wood sandwich business to Samworth Brothers, the UK-based family owned group that produces chilled and ambient foods, both own label […]

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PepsiCo Expands Plant-based Portfolio

    PepsiCo Expands Plant-based Portfolio

PepsiCo has acquired Health Warrior, a US-based company that makes plant-based products including nutrition bars and on-trend offerings. The transaction will further expand PepsiCo’s nutrition portfolio to offer consumers additional options in an exciting growth category.
Al Carey, chief executive officer of PepsiCo North America, says: “We continue to position ourselves at the forefront of changing […]

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Mondelēz International Launches SnackFutures™ Innovation Hub to Lead the Future of Snacking

    Mondelēz International Launches SnackFutures™ Innovation Hub to Lead the Future of Snacking

Mondelēz International has announced that it will launch a forward-thinking innovation hub called SnackFutures to capitalize on changing consumer trends and emerging growth opportunities in snacking around the world. SnackFutures will be uniquely structured to bring together internal talent, an ecosystem of external partnerships and dedicated funding across three integrated mandates:

Invention of new brands and businesses in key strategic […]

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Hain Celestial Names New Chief Executive

    Hain Celestial Names New Chief Executive

The Hain Celestial Group, a leading organic and natural products company with operations in North America, Europe, Asia and the Middle East, has named veteran consumer packaged foods executive Mark L Schiller as the company’s new president and chief executive officer, effective November 5, 2018. He succeeds Irwin D Simon, Hain Celestial’s founder, president and […]

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EU Ban on Throwaway Plastics By 2021

    EU Ban on Throwaway Plastics By 2021

Single-use plastic items such as plates, cutlery, straws, balloon sticks or cotton buds, will be banned in the EU. These products, which make up over 70% of marine litter, will be banned from the EU market from 2021, under draft plans approved by the European Parliament.
MEPs added to this list of plastics banned from the […]

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Strong First Half Performance by C&C Group

    Strong First Half Performance by C&C Group

C&C Group has reported net revenue of €838.7 million and operating profit of €58.4 million, including the acquisitions of the Matthew Clark and Bibendum businesses in April 2018, for the six months ended 31 August 2018. On a constant currency basis, net revenue for existing C&C operations increased by 6.4% while operating profit rose by […]

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Carlsberg Group Upgrades 2018 Earnings Expectations

    Carlsberg Group Upgrades 2018 Earnings Expectations

As a result of higher-than-expected third-quarter revenue and operating profit, the Carlsberg Group is adjusting its 2018 earnings expectations upwards. Good progress on the brewer’s strategic priorities, strong execution of its Funding the Journey strategy and a warm summer in Western Europe are the main reasons behind the strong third-quarter performance. Consequently, Carlsberg Group now […]

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2018 Global Bottled Water Awards Winners

    2018 Global Bottled Water Awards Winners

The winners of the 2018 Global Bottled Water Awards have been announced at a Gala Dinner during the 15th Global Bottled Water Congress in Evian. The awards were organised by global food and drink experts Zenith Global, with the support of category sponsors Ardagh Group, Bericap, ICE Water Management, Sidel and Tetra Pak. The entries demonstrated […]

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Kerry Group Makes Further Strategic Acquisitions

    Kerry Group Makes Further Strategic Acquisitions

Kerry Group, the global taste, nutrition and consumer foods business, has agreed to acquire Fleischmann’s Vinegar Company and AATCO Food Industries for a total consideration of €365 million. The acquisitions further expand Kerry Group’s foundational technology portfolio, as well as strengthening its foodservice and developing markets positioning, in line with its strategic growth priorities.
These acquisitions […]

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Kraft Heinz to Sell Indian Brands

    Kraft Heinz to Sell Indian Brands

The Kraft Heinz Company is to sell its Indian brands Complan, Glucon-D, Nycil and Sampriti to Zydus Cadila for approximately US$625 million on a debt free and cash free basis. The transaction is expected to close in early 2019, subject to regulatory approvals of the Competition Commission of India and other customary closing conditions.
“The sale […]

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Scotch Whisky Exports Show Growth in First Half of 2018

    Scotch Whisky Exports Show Growth in First Half of 2018

Scotch whisky exports increased in the first half of 2018 to £1.97 billion, a 10.8% rise in the value of exports against the same period last year. The analysis of official HMRC figures published by the Scotch Whisky Association (SWA) also shows the volume of exports increased by 5.6% to almost 558 million bottles.
Single Malts […]

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Bottled Water to Overtake All Other Soft Drinks Worldwide

    Bottled Water to Overtake All Other Soft Drinks Worldwide

“Bottled water consumption is set to overtake all other soft drinks worldwide this year,” according to Richard Hall, Chairman of Zenith Global, the global food and drink experts, when speaking at the recent 15th Global Bottled Water Congress in Evian. “This is all the more remarkable because other soft drinks include carbonates, juices, energy, sports, […]

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Arla Baby&Me® Organic Clicks into the UK

    Arla Baby&Me® Organic Clicks into the UK

Arla Foods is bringing its heritage in milk production and follow-on formula to parents with a new range of baby products into the UK. The dairy co-operative is aiming to build on the success already seen in Denmark and China by extending the Arla Baby & Me Organic brand which will include porridge and pouches, […]

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Dunnes Takes Top Spot in Irish Grocery While Aldi Hits Record Share

    Dunnes Takes Top Spot in Irish Grocery While Aldi Hits Record Share

Dunnes Stores has claimed the top spot in the Irish grocery market for the first time since February this year, according to the latest grocery market share figures from Kantar Worldpanel for the 12 weeks ending 7 October 2018. Dunnes posted strong sales growth of 3.4% over the latest period, propelling the retailer to an overall […]

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Hilton to Purchase 50% of Leading Vegetarian Manufacturer

    Hilton to Purchase 50% of Leading Vegetarian Manufacturer

Hilton Food Group, the leading specialist international food packing business supplying major food retailers in Europe and Australia, has agreed to purchase a 50% shareholding in Dalco Food, a leading vegetarian product manufacturer based in Oss, the Netherlands. Hilton has agreed to enter into a joint venture agreement with Dalco’s shareholders, which includes an option […]

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Great British Cheese Awards Winners Announced

    Great British Cheese Awards Winners Announced

The winners of the Great British Cheese Awards have been announced. The Great British Cheese awards were established three years ago to celebrate the best of British cheese produced and distributed by independent cheese makers and retailers and this year, both established artisan brands and new cheesemakers have taken top awards.
The category winners are:
Artisan Producer – Tenacres, […]

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Ardgowan Unveils Plans For Inverclyde Distillery

    Ardgowan Unveils Plans For Inverclyde Distillery

Ardgowan Distillery has revealed ambitious designs for its new £12 million distillery which is being built on the Ardgowan Estate near Inverkip, 30 miles west of Glasgow. The plans showcase the flagship building which has just secured revised planning consent from Inverclyde Council.
The striking new design, by Michael Laird Architects, brings a number of improvements […]

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HKScan Launches Exports of Finnish Poultry Products to Sweden

    HKScan Launches Exports of Finnish Poultry Products to Sweden

HKScan, the Nordic food and meat group, has started exporting Finnish poultry products to Sweden. They will initially be sold through the largest retailer ICA’s outlets under the Karinäs®(Kariniemen®) brand.
The launch gives Swedish consumers access to a new innovation: high welfare farm-born poultry that is hatched on the farm where it is raised. This new concept is […]

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Autumn Chill Puts Sunday Lunch Back on the Menu For UK Shoppers

    Autumn Chill Puts Sunday Lunch Back on the Menu For UK Shoppers

UK shoppers have returned to seasonal favourites as supermarket spending cools off, according to the latest figures from Kantar Worldpanel, for the 12 weeks to 7 October 2018. Overall sales grew 3.2% compared to the same 12 weeks last year. Though this is a slight slowdown from the highs reached during 2018’s hot summer, sales […]

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Müller Milk & Ingredients Completes Integration and Appoints CFO

    Müller Milk & Ingredients Completes Integration and Appoints CFO

Brian Watson has been appointed as Chief Finance Officer at Müller Milk & Ingredients (MMI). He joins the business from Marmon, a $7.7 billion Berkshire Hathaway company operating in the supermarket and food service sector. The appointment comes as MMI confirms completion of the biggest integration the UK dairy industry has ever seen – merging […]

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Kerry Group Commits €1 Million to Bring RAIN Programme to West Africa

    Kerry Group Commits €1 Million to Bring RAIN Programme to West Africa

Kerry Group has extended its partnership with Concern Worldwide through a 4-year project to improve food security and nutrition in Niger. The Realigning Agriculture to Improve Nutrition (RAIN) programme will make lasting improvements to food security, nutrition and the overall livelihoods in the Tahoua Region of Niger. This second phase of the RAIN programme will […]

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Greencore to Divest US Business in $1 Billion Deal

    Greencore to Divest US Business in $1 Billion Deal

Greencore Group, the Irish and UK convenience food business, has agreed to sell its entire US business to an affiliate of Hearthside Food Solutions for US$1.075 billion (£817 million) on a cash and debt-free basis. Hearthside is a major US contract food manufacturer with a heritage in US food industry outsourcing. The disposal will leave […]

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Irish Distillers to Invest €150 Million in Sites in Cork and Dublin

    Irish Distillers to Invest €150 Million in Sites in Cork and Dublin

Irish Distillers has announced investment of over €150 million in its sites in Cork and Dublin to meet demand for its products as the Irish whiskey renaissance continues apace. This is accelerated by the continued growth of the company’s flagship Jameson brand, which is now in double or triple-digit growth in more than 80 markets […]

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Kepak Sweeps Up Seven Awards at Blas na hEireann

    Kepak Sweeps Up Seven Awards at Blas na hEireann

Irish meat processor Kepak Group has picked up seven awards at this year’s prestigious Blas na hEireann Irish Food Awards, including a Gold award for its newly launched Centra Irish Angus Sirloin Steaks with Pink Peppercorn Butter. As one of Europe’s leading food innovators, Kepak was up against the top Irish producers in a range of distinct […]

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Glanbia to Acquire SlimFast For $350 Million

    Glanbia to Acquire SlimFast For $350 Million

Glanbia, the global nutrition group, has agreed to acquire SlimFast and other brands for $350 million from the owners KSF Holdings LLP and HNS Intermediate Corporation. SlimFast is a leading weight management and health & wellness brand family distributed primarily in the food, drug, mass and club (FDMC) channel in the US and UK. It […]

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The Independent Brewers of Europe Formed

    The Independent Brewers of Europe Formed

The independent craft brewing associations of nine European countries have announced successful discussions towards the formation of a new body, the Independent Brewers of Europe (IBE), whose aim is to work together to promote and advance the mutual interests of their members with the European institutions and media. The Bodies from France, Italy, Denmark, Ireland, Sweden, […]

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Barry Callebaut to Acquire Inforum in Russia

    Barry Callebaut to Acquire Inforum in Russia

The Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, has agreed to acquire Inforum, a leading Russian B2B producer of chocolate, coatings and fillings, serving many of the well-known consumer chocolate brands in Russia. This strategic acquisition will strengthen Barry Callebaut’s presence and production capacity in the high-growth Russian market, […]

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JDE to Acquire JOBmeal in Sweden and Finland

    JDE to Acquire JOBmeal in Sweden and Finland

Jacobs Douwe Egberts (JDE) is to acquire JOBmeal in Sweden and Finland from and Valedo Partners Fund II. Subject to a limited number of pre-closing conditions, the transaction is expected to close during the fourth quarter of 2018.
JOBmeal is a dedicated out of home coffee business, head quartered in Stockholm, offering a range of office […]

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Calbee UK Acquires Seabrook Crisps

    Calbee UK Acquires Seabrook Crisps

Calbee UK has acquired the Seabrook Crisps business for an undisclosed sum from mid-market private equity investor LDC. The purchase brings the Seabrook brand into the Calbee UK portfolio as well as its equally important bagged-snack private label business.
LDC backed the management buyout of the Seabrook Crisps business in July 2015 to support its growth. […]

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IFF Completes Combination With Frutarom

    IFF Completes Combination With Frutarom

International Flavors & Fragrances has completed its $7.1 billion acquisition of Frutarom to become a global leader in taste, scent and nutrition. The acquisition creates a differentiated portfolio with an increased focus on naturals and health and wellness as well as more comprehensive solutions. It also provides opportunities to expand into attractive and fast-growing categories, […]

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Unilever Abandons Plans to Move Headquarters to The Netherlands

    Unilever Abandons Plans to Move Headquarters to The Netherlands

The Board of Unilever has decided to withdraw its proposal to simplify the global consumer products group’s dual-headed legal structure. Unilever had proposed to streamline its corporate structure by moving from two legal entities – Unilever NV and Unilever PLC, into a single legal entity incorporated in the Netherlands.
In developing the proposal, the Board was […]

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HKScan Seeks Strong International Presence in Meals Category

    HKScan Seeks Strong International Presence in Meals Category

HKScan’s strategic target is to establish a strong global footprint in the rapidly growing meals segment. Demand for ready meals is growing at an annual rate of 10% across Europe. HKScan is currently expanding its production facility at Rakvere in Estonia. The investment is progressing on schedule as part of the Nordic food group’s drive […]

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