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Refresco Acquires Cott’s Bottling Activities For €1.1 Billion

    Refresco Acquires Cott’s Bottling Activities For €1.1 Billion

Refresco, the Netherlands-based independent bottler of beverages for retailers and A-brands in Europe and the US, has acquired the bottling activities of Cott Corporation, the Canadian drinks group, for US$1.25 billion (€1.1 billion). The deal will create the world’s largest independent bottler with leadership positions across Europe and North America. The acquisition adds 19 production […]

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Latest Dublin Distillery Set to Open

    Latest Dublin Distillery Set to Open

Pearse Lyons Distillery at St. James, Dublin’s new boutique Irish whiskey experience located in the heart of The Liberties area, is due to open its doors to the public in September. Acquired in 2013 by Pearse and Deirdre Lyons, the property had many previous incarnations, including a lighting shop. Pearse, Dublin born, has strong family […]

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Cherkizovo Group Plans Poultry and Pork Expansion in Russia

    Cherkizovo Group Plans Poultry and Pork Expansion in Russia

Cherkizovo Group, the largest vertically integrated meat and feed producer in Russia, has announced plans to construct turkey fattening sites in Lipetsk region. The construction of three turkey-fattening sites will require 1,000 ha of land. Investment in the project will amount to RUB1.7 billion (€24 million). In total, more than 30 jobs will be created […]

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Gruppo Campari Sells Carolans and Irish Mist Brands For $165 Million

    Gruppo Campari Sells Carolans and Irish Mist Brands For $165 Million

Italian drink group Gruppo Campari has agreed to sell its Irish subsidiary TJ Carolan & Son, including the Carolans and Irish Mist brands, to Heaven Hill Brands of the US. The enterprise value is US$165.0 million (€141.7 million) on cash free/debt free basis, subject to the customary price adjustment mechanisms. The sold business consists of […]

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Quorn Foods to Invest £150 Million in UK Facility

    Quorn Foods to Invest £150 Million in UK Facility

Quorn Foods, the UK-based meat alternative grocery brand, has announced a £150 million investment in its production facility at Billingham in Northern England, leading to the creation of hundreds of jobs in the Teesside and North Yorkshire regions over the next five years. The £150 million investment will make the company’s Billingham plant the largest […]

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New Codex Standard Will “Spark Permeate Market into Life”

    New Codex Standard Will “Spark Permeate Market into Life”

The final approval of a Codex Alimentarius international standard for dairy permeate powder has been given a warm welcome by Arla Foods Ingredients, one of the world’s leading permeate producers. The new science-based standard establishes global criteria for the identity, composition, safety and quality of powdered milk and whey permeates for the first time. It […]

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Nichols Delivers Strong First Half Performance

    Nichols Delivers Strong First Half Performance

Nichols, the UK-based soft drinks group, has reported a 12.4% (10.7% on a constant currency basis) increase in revenue to £63.5 million for the first six months of 2017, and despite input cost challenges faced in the UK has grown adjusted profit before tax by 6.8% to £12.7 million.
Nichols has sales in over 85 countries, […]

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McCain Foods Takes Capacity Spend to Over $1 Billion

    McCain Foods Takes Capacity Spend to Over $1 Billion

Over the past 18 months, McCain Foods has announced increased capacity investments in its plants in the USA, Canada, United Kingdom, Australia, France, Belgium, Argentina, Colombia and India – reflecting the company’s continued growth on a global scale. “We’re actively evaluating new opportunities to invest in our network as our global volumes increase,” says Dirk […]

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Growing British Appetite For Sports Nutrition

    Growing British Appetite For Sports Nutrition

Once the preserve of athletes and bodybuilders, new research from Mintel finds that many of the UK’s fitness lovers are using sports nutrition products. Indeed, almost three in 10 Brits (27%) use sports nutrition products*, rising to two in five (39%) Brits who exercise more than once a week. Overall, it is the UK’s young men who […]

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Senior Leadership Changes at PepsiCo

    Senior Leadership Changes at PepsiCo

Ramon Laguarta.
PepsiCo has announced three senior leadership appointments that support the company’s strategic priorities and growth agenda. Ramon Laguarta, currently CEO, Europe Sub-Saharan Africa (ESSA), will become president of PepsiCo, reporting to chairman and chief executive Indra Nooyi.
In his new role, Ramon Laguarta will shape PepsiCo’s corporate strategy, work closely with business units to deliver […]

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UK Not Ready For Brexit’s Impact on Food

    UK Not Ready For Brexit’s Impact on Food

The UK is unprepared for the most complex ever change to its food system, which will be required before Brexit, according to a new briefing paper published by SPRU, the Science Policy Research Unit at the University of Sussex. The report, by leading food policy specialists Professor Erik Millstone (University of Sussex), Professor Tim Lang […]

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McCormick Strengthens Flavour Leadership With $4.2 Billion Acquisition

    McCormick Strengthens Flavour Leadership With $4.2 Billion Acquisition

McCormick & Company, the US-based ingredients producer, is acquiring the food business of Reckitt Benckiser Group, the consumer health and hygiene company, for $4.2 billion. Reckitt Benckiser’s food business, which incorporates Frank’s RedHot Hot Sauce, French’s Mustard and other iconic, market-leading products, will strengthen McCormick’s leadership in the attractive condiments category in the US.
Operating facilities […]

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Baltika Breweries Expands its Reach to the Democratic Republic of the Congo

    Baltika Breweries Expands its Reach to the Democratic Republic of the Congo

Baltika Breweries, part of the Carlsberg Group, has celebrated its 10th anniversary of supplies to Africa by launching exports to the Democratic Republic of the Congo. The first brand of the company to be available on the market will be a non-alcoholic malt drink Baltika 0 Grain.
The Democratic Republic of the Congo is the second […]

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New Specialist Irish Food and Beverage Business Created

    New Specialist Irish Food and Beverage Business Created

Findlater Wine and Spirits has merged with Robert Roberts, Batchelors Coffee Company and Odlums Ingredients to form a new Irish specialist food and beverage business – Findlater & Co.  The new business, which will operate from a state-of-the-art facility in Tallaght, Dublin, will manufacture and distribute premium products in coffee, wines and spirits, along with […]

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Pernod Ricard Sells Scottish Distillery

    Pernod Ricard Sells Scottish Distillery

Pernod Ricard has agreed to sell its Glenallachie Distillery, located in Scotland, to a consortium comprising Billy Walker, Graham Stevenson and Trisha Savage. The transaction also includes the Glenallachie single malt brand, MacNair’s and White Heather blended scotch brands, and relevant inventories to support future development of those brands.
The disposal is in line with Pernod […]

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GEA to Build Asia’s Largest Milk Production Facility in India

    GEA to Build Asia’s Largest Milk Production Facility in India

During the first quarter of 2017, GEA in India received an order from the AmulFed Dairy (formerly Mother Dairy) in Gandhinagar, a unit of Gujarat Co-operative Milk Marketing Federation (GCMMF). The order, said to be for a ‘lower double-digit, million-euro amount’, is for a new turnkey dairy plant for the production of 150 tonnes per […]

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KP Snacks Buys Butterkist From Tangerine Confectionery

    KP Snacks Buys Butterkist From Tangerine Confectionery

KP Snacks is acquiring Butterkist, the popcorn business of Tangerine Confectionery. Butterkist’s manufacturing site in Pontefract, West Yorkshire and its 140 employees will become part of the KP Snacks business.
Mark Thorpe, chief executive of KP Snacks, says: “Butterkist is an iconic brand with a 100 year heritage and the number one branded popcorn in the […]

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Quintessential Brands Raises €28 Million For the Dublin Liberties Whiskey Distillery

    Quintessential Brands Raises €28 Million For the Dublin Liberties Whiskey Distillery

Quintessential Brands has announced a major investment in the Dublin Liberties Distillery Company including new banking facilities. It has agreed an €18.3 million investment by Stock Spirits Group in return for a 25% equity interest in Quintessential Brands Irish Whiskey Ltd (QBIW). QBIW owns The Dublin Liberties and The Dubliner Irish Whiskey brands and last year announced the construction […]

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£6.5 Million Plant Gives Added Sparkle to English Spring Water Company

    £6.5 Million Plant Gives Added Sparkle to English Spring Water Company

A new bottling line is set to boost production of Harrogate Spring Water, the UK’s fastest-growing independent bottled water brand. Harrogate Water Brands has made the £6.5 million investment in the new plant with support from Enterprise Ventures SME Loans. The company has increased sales by more than 60 per cent in the past two years […]

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TripAdvisor and Deliveroo Announce Agreement

    TripAdvisor and Deliveroo Announce Agreement

TripAdvisor, the world’s largest travel site, and Deliveroo, the on-demand food-delivery service, have announced the integration of Deliveroo’s restaurant network into the TripAdvisor desktop website, mobile web and mobile app experiences across 12 countries throughout Europe, the Middle East and the Asia Pacific regions. Consumers browsing TripAdvisor restaurant listings now have the option to order food from […]

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Carlsberg Group and Brooklyn Brewery to Establish New Brewery in Lithuania

    Carlsberg Group and Brooklyn Brewery to Establish New Brewery in Lithuania

The Carlsberg Group and Brooklyn Brewery are collaborating to establish a new brewery in Klaipėda, Lithuania, following recently announced joint ventures in Hong Kong and London. The new brewery will be installed at the site of Švyturys Brewery, part of the Carlsberg Group, and will see its brewers collaborate with those from Brooklyn Brewery to […]

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Ice Cream Whips Up Global Sales of 13 Billion Litres in 2016

    Ice Cream Whips Up Global Sales of 13 Billion Litres in 2016

New research from Mintel reveals that the global ice cream market is expected to scoop sales of 13 billion litres in 2016, with India, Indonesia and Vietnam among the world’s fastest growing markets. While India’s ice cream market has experienced a Compound Annual Growth Rate (CAGR) of 13% over the past five years, in 2017, […]

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Norwegian Seafood Exports Break New Records

    Norwegian Seafood Exports Break New Records

Never before has Norway exported a greater value of seafood than in the first six months of 2017. The increase is due primarily to record-high salmon prices but also to strong growth in export volumes to the US and Asian markets. Norway exported 1.3 million tonnes of seafood worth NOK46.3 billion (€4.8 billion) in the […]

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Political Uncertainty Drives Consumer Goods M&A to Lowest Level Since 2011

    Political Uncertainty Drives Consumer Goods M&A to Lowest Level Since 2011

Mergers and acquisitions among the top 50 consumer goods giants have fallen sharply from $226 billion in 2015 to $50 billion in 2016. This is according to OC&C Strategy Consultants’ 15th annual Global 50 report in collaboration with The Grocer, which examines the financial performance of the world’s 50 largest consumer goods companies – the likes of […]

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European Commission Approves New Geographical Indication From Poland

    European Commission Approves New Geographical Indication From Poland

The European Commission has approved the addition of one new product from Poland to the quality register of Protected Geographical Indications (PGI). ‘Kiełbasa biała parzona wielkopolska’ is a pork sausage produced in the Wielkopolskie, Lubuskie and Kujawsko-Pomorskie Provinces.
The only seasonings used are salt, pepper, garlic and marjoram, which dominates. ‘Kiełbasa biała parzona wielkopolska’ grew so much in […]

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ADM Completes Acquisition of Chamtor

    ADM Completes Acquisition of Chamtor

Archer Daniels Midland Company, one of the world’s largest agricultural processors and food ingredient providers, has completed the acquisition of Chamtor, a French producer of wheat-based sweeteners and starches.
Pierre Duprat, president, Europe, Middle East and Africa at Cargill comments: “France is well-known in Europe for its wheat production capabilities, and is a key destination market […]

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Cadbury Expands Production as Investment Pays Off

    Cadbury Expands Production as Investment Pays Off

Cadbury’s iconic chocolate confectionery factory in Bournville is to expand production for the first time since Mondelēz International invested £75 million to improve productivity levels. Bournville will welcome Cadbury Dairy Milk Oreo and Cadbury Dairy Milk Tiffin to its new world class production lines.
Glenn Caton, President of Northern Europe for Mondelēz International, says: “I am […]

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Cloetta to Divest Italian Operations

    Cloetta to Divest Italian Operations

Cloetta, the Swedish confectionery group, has agreed to sell its Italian business, Cloetta Italy, to Katjes International, the German sugar confectionery company. The deal has enterprise value of approximately SEK450 million (€47 million). The proceeds will generate a positive net cash effect of approximately SEK415 million.
“This is a very good solution for all parties and […]

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Campbell to Expand in Faster Growing Health and Well Being Categories

    Campbell to Expand in Faster Growing Health and Well Being Categories

Campbell Soup Company, the US-based food group, is acquiring Pacific Foods for $700 million in cash. Founded in 1987, Pacific Foods is a leading US producer of organic broth and soup, and also produces shelf-stable plant-based beverages and other meals and side dishes.
Pacific Foods will help accelerate Campbell’s efforts to deliver real food and beverages […]

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Scottish Aquaculture is Thriving

    Scottish Aquaculture is Thriving

Fish and shellfish farming contribute £620 million to the Scottish economy every year, according to new research. The industry now supports more than 12,000 jobs and Scottish aquaculture production has increased by a third in the ten years to 2015, from 142,000 to 188,000 tonnes, according to a Scottish Government and Highlands and Islands Enterprise […]

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Hubert Weber of Mondelēz Europe Becomes President of FoodDrinkEurope

    Hubert Weber of Mondelēz Europe Becomes President of FoodDrinkEurope

Hubert Weber, Executive Vice President and President Europe for Mondelēz International, has been elected as President of FoodDrinkEurope, Europe’s food and drink industry organisation. Based in Zurich, Switzerland, Hubert Weber has led Mondelēz International’s European business since August 2013. He has been a member of FoodDrinkEurope’s board since September 2013 and has already contributed actively […]

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Glanbia Completes Sale of 60% Interest in Dairy Ireland Business

    Glanbia Completes Sale of 60% Interest in Dairy Ireland Business

Glanbia plc, the global nutrition group, has completed the sale of a 60% interest in its Dairy Ireland business to Glanbia Co-operative Society. Dairy Ireland is comprised of two business units – Glanbia Consumer Foods Ireland and Glanbia Agribusiness. In 2016, Dairy Ireland generated revenue of €616.2 million, earnings before interest, tax and amortisation (EBITA) […]

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Arla Foods to Close Danish Dairy

    Arla Foods to Close Danish Dairy

After thorough analysis, the board of Arla Foods has taken the decision to close the Lillebælt Dairy in Denmark which produces white mould cheese under the Castello® trademark. In the future these cheeses will be produced at Troldhede Dairy, also in Denmark, where there are better opportunities to make long-term investments in quality and efficiency.
“Having […]

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€70 Million to Further Support European Fruit Producers

    €70 Million to Further Support European Fruit Producers

The exceptional measures already in place to help producers of perishable fruits affected by the ban on imports imposed by the Russian authorities have been extended for a further year until end of June 2018.
The measures were first introduced by the European Commission in the wake of the Russian import ban in August 2014. The […]

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Carlsberg UK Acquires London Craft Brewery

    Carlsberg UK Acquires London Craft Brewery

Carlsberg UK has acquired London Fields Brewery, the English craft brewer, and will operate the business in a joint venture with Brooklyn Brewery of New York. London Fields Brewery, which was founded in 2011 in the London Fields neighborhood of Hackney, London, came to prominence through its range of craft beers including Craft Lager, Easy […]

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SuperValu Still on Top as Irish Supermarket Growth Continues

    SuperValu Still on Top as Irish Supermarket Growth Continues

The latest grocery market share figures from Kantar Worldpanel in Ireland, published for the 12 weeks ending 18 June 2017, show the highest market growth since January 2017.  The latest figures reflect the impact of Easter on consumers and retailers alike, with the holiday falling outside of the comparable time period in 2016. Price deflation, which has […]

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Coca-Cola European Partners Announces Latest Investment in Automation

    Coca-Cola European Partners Announces Latest Investment in Automation

As part of a major investment in 2017, Coca-Cola European Partners (CCEP), the world’s largest independent Coca-Cola bottler, has announced a brand new £39 million Automated Storage and Retrieval System (ASRS) warehouse at its Sidcup factory, set to be fully operational in 2018.
Designed to hold and automatically move 25,000 pallets, the facility will triple the […]

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Weetabix UK and Ireland Makes Two Senior Appointments

    Weetabix UK and Ireland Makes Two Senior Appointments

Weetabix Group has appointed marketing director, Sally Abbott as managing director of Weetabix Food Company, succeeding Giles Turrell. Francesca Davies, currently head of Category, succeeds Sally Abbott as marketing director of Weetabix Food Company UK and Ireland.
The appointments follow the completion of the £1.4 billion (US$1.7 million) acquisition of Weetabix Food Company by Post Holdings, […]

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Danone Sells Stonyfield to Lactalis For $875 Million

    Danone Sells Stonyfield to Lactalis For $875 Million

Danone has agreed to sell Stonyfield, its organic yogurt business in the US, to Group Lactalis, the French dairy and international giant, for $875 million. The purchase price represents 20 times Stonyfield’s EBITDA in 2016. Stonyfield generated approximately $370 million in turnover in 2016. The company sells 100,000 tonnes of product annually, the majority of […]

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Real Good Food Unveils £15.5 Million Expansion Plan

    Real Good Food Unveils £15.5 Million Expansion Plan

Real Good Food, the UK diversified food business, has raised a total of £15.5 million of expansion capital from a new investor and two existing shareholders by way of both debt finance and new equity. Real Good Food will now embark upon an expansion plan at two of its subsidiary companies – Renshaw and Haydens.
Real […]

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Anchor Flies the British Flag

    Anchor Flies the British Flag

Anchor – the leading brand of British-made butter – is launching a new look to proudly showcase its Britishness . The makeover will be supported with a £4.5 million campaign to publicise Anchor’s ‘real butter’ credentials. Anchor is produced by Arla Foods, the UK’s leading farmer-owned dairy company, using 100% British Milk.
The move will see […]

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Edrington is Well Placed For Further Growth

    Edrington is Well Placed For Further Growth

Edrington, the Scottish premium spirits producer, has reported a 6% increase in both core revenue to £668.1 million and core contribution to 204.3 million for the year ended 31 March 2017, as the company’s portfolio of premium brands responded to an 18% increase in brand investment. Profit for the financial year was £91.0 million, an […]

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80% of Irish Exporters Believe UK Still Offers Significant Potential

    80% of Irish Exporters Believe UK Still Offers Significant Potential

A new report launched by Bord Bia shows a renewed optimism for the Irish food and drink industry’s trading relationship with the UK market, worth over €4 billion last year. According to Bord Bia’s Brexit Barometer, almost 80% exporters surveyed believe there is still significant potential for future growth in the UK market, despite the […]

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Greene King Delivers Record Results

    Greene King Delivers Record Results

Greene King, the UK’s leading pub company and brewer, has delivered another set of record results for the 52 weeks to 30 April 2017. Total revenue grew 6.9% to a record high of £2.22 billion, driven by another good performance from the underlying business and by acquisitions, in comparison with the previous year. EBITDA surpassed […]

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Around Noon Accelerates Growth With Significant London Acquisition

    Around Noon Accelerates Growth With Significant London Acquisition

Around Noon, the Northern Ireland-based food-to-go manufacturer, has expanded its presence within the UK. The Newry headquartered company, which already has a market-leading position on the island of Ireland, has acquired Chef in a Box, a premium sandwich and snack manufacturer with market-leading customers in the corporate sector.
The purchase from Donegal Investment Group will enable […]

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Nestlé Outlines Future Value Creation Model

    Nestlé Outlines Future Value Creation Model

Nestlé has announced another step forward in the implementation of its comprehensive value creation model. Early in 2017, the company’s management, together with the Nestlé board of directors, initiated a comprehensive review of the company’s capital structure and priorities to support and enhance its ability to deliver on its value creation model.
Nestlé regularly revisits its […]

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Scandi Standard to Acquire Irish Chicken Processor

    Scandi Standard to Acquire Irish Chicken Processor

Sweden-based Scandi Standard, the leading chicken producer in the Nordic region, has agreed to acquire Manor Farm, the largest chicken processor and market leader in the Republic of Ireland, in a deal worth €94 million. Payment will be partly in the form of Scandi Standard shares. There is also an earn-out mechanism. Completion of the […]

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Bühler to Build First Industrial-scale Insect Processing Plant in Europe

    Bühler to Build First Industrial-scale Insect Processing Plant in Europe

Bühler Insect Technology will build its first industrial plant to process black solider flies for animal nutrition together with its partner Protix in the Netherlands. Bühler will deliver the technology, equipment, and process know how for the rearing and processing of the insects and the feedstock preparation. Start of operation is planned for the first […]

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Highest UK Supermarkets Sales Growth in Five Years

    Highest UK Supermarkets Sales Growth in Five Years

The latest grocery market share figures from Kantar Worldpanel, for the 12 weeks ending 18 June 2017, show a marked turnaround for the sector. Supermarket sales growth accelerated to 5.0% – the strongest increase since March 2012 and a stark contrast to the 0.2% decline seen this time last year, despite the political and economic […]

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Nestlé Waters to Invest €200 Million at Perrier Site in France

    Nestlé Waters to Invest €200 Million at Perrier Site in France

Nestlé Waters, Nestlé Group’s bottled water division and the national leader in the bottled water market in France with seven brands, has announced an ambitious plan to increase production at its Perrier bottling site in France.
The Perrier Cap 2020 plan is part of a €200 million multi-annual investment plan to help achieve Nestlé Waters’ ambitious […]

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2 Sisters Strengthens its Board

    2 Sisters Strengthens its Board

Richard Pike.
Boparan Holdings, trading as 2 Sisters Food Group, has announced two new appointments to its board. Richard Pike is to be appointed as its new Group Chief Financial Officer (CFO) and current chief operating officer, Martyn Fletcher, is being appointed to the main Boparan Holdings board from July 1st 2017.
Richard Pike will join 2 […]

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Activist Hedge Fund Takes $3.5 Billion Stake in Nestlé

    Activist Hedge Fund Takes $3.5 Billion Stake in Nestlé

Third Point, the New York-based activist hedge fund, has purchased a 1.3% stake in Nestlé for SFr3.28 billion ($3.5 billion). Third Point is urging the world’s largest food group, which is now under new leadership following the accession of new chief executive Mark Schneider, to improve its margins, shed non-core businesses, including its 23% stake […]

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Richardson Acquires European Oat Millers to Expand Global Reach

    Richardson Acquires European Oat Millers to Expand Global Reach

Richardson International, Canada’s leading agribusiness, has expanded its oat milling business with the acquisition of European Oat Millers. Based in Bedford, England, European Oat Millers is the second largest oat miller in Europe, producing a wide range of oat products, including various oat flakes, flour and groats, as well as wheat and barley flakes and […]

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Emerging-market Brands Dominate the IWSR’s Top 100 List

    Emerging-market Brands Dominate the  IWSR’s Top 100 List

The 2017 edition of the IWSR’s annual Top 100 rankings has been published in the IWSR Magazine. It lists the world’s 100 largest spirits brands by volume, pitting famous international brands against local spirits titans that dominate in their home markets. The Top 100 list is uniquely based on the IWSR’s proprietary database, the authoritative […]

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