Flagship Food has completed the acquisition of Atlantic Foods, a supplier and manufacturer of menu solutions to the UK foodservice market, for an undisclosed amount. The deal will bring together two businesses focused on developing, ...
Tags: Flagship Food, Atlantic Foods
Arla Foods Ingredients has developed blends of specialized milk protein fractions that will help manufacturers create formulas that mimic the changing nutritional profile of breast milk more closely the first six months of baby’s ...
Tags: Arla Foods, Milk Protein Fractions
Arla Foods Ingredients has unveiled a new Nutrilac Natural Improvers toolbox range designed to provide optimized production processes, better quality end-products, reduced waste and cleaner labels for bakers. The Nutrilac Natural ...
Tags: Arla Foods, Ingredient Range
Posted by Lisa McTigue Pierce, Executive Editor -- Packaging Digest, 4/29/2013 9:52:04 AM By Larry Dworkin, director, government relations, PAC-The Packaging Assn. EDITOR'S NOTE: Packaging Digest's recent webcast "Food Safety & ...
Tags: Packaging Materials, Packaging
Burger King chief executive officer Bernardo Hees will become the next chief of ketchup producer HJ Heinz, following its $28bn acquisition by Warren Buffett’s Berkshire Hathaway and Brazilian private-equity firm 3G Capital. However, ...
Tags: Bernardo Hees, HJ Heinz
US agribusiness firm Cargill has reported that its net earnings declined by 42% for the third quarter of 2013 to $445m, compared with $766m in the same period of 2012 due to severe US drought that affected the company's meat processing ...
Tags: Cargill, Net Earnings
JBT FoodTech, an American food processing machinery provider owned by JBT, has announced that it has signed a canning technologies contract worth $7m with a global food processor. Under the deal, JBT will supply and integrate high speed ...
Tags: JBT Foodtech, Canning Technologies, Food
US-based chemical company FMC has acquired the pectin-related intellectual property developed by Vigido, a subsidiary of UniPektin Ingredients. Vigido is the former exclusive marketer of the pectin products of Pectine Italia, a company ...
Tags: FMC, Pectin Intellectual Property, Vigido
Japanese trading firm Mitsubishi has agreed to acquire Kirin Kyowa Foods (KKF), a food flavors manufacturing subsidiary of Kirin Holdings, for JPY30.5bn ($321m). Kirin Kyowa Foods produces a variety of ingredients and flavour enhancing ...
Tags: Mitsubishi, Kirin Kyowa Foods, KKF, food
Imec has come up with a flexible tag which can be attached to food products to monitor their freshness. It is expected to be introduced commercially this year. The tag took three years to develop in the pan-European CATRENE-Pasteur ...
US-based International Flavors & Fragrances (IFF) has opened a new flavor production facility in Guangzhou, China, as part of a plan to strengthen its presence in emerging markets. The move is part of a previously announced $100m ...
US-based restaurant chain The Cheesecake Factory is using IBM Big Data analytics to quickly alert its restaurants to remove ingredients that do not meet safety standards. The Cheesecake Factory manages a variety of data in bulk volumes ...
Tags: The Cheesecake Factory, IBM Big Data analytics, ingredients
The next 5-10 years will present a significant challenge for global business, with a new event promising to help business leaders navigate the ‘biggest period of global change since the industrial revolution’. The inaugural ...
Heinz has agreed to be bought by Warren Buffett's Berkshire Hathaway fund and private-equity firm 3G Capital for US$28bn - the largest-ever takeover in the food sector. In a shock announcement today (14 February), the US food giant said ...
Tags: Heinz, Warren Buffett, 3G Capital
Global food group Nestle said 2013 looks every bit as "challenging" as 2012, a year when profits increased but underlying sales growth slowed. The Swiss food giant reported a 11.8% increase in earnings of CHF10.61bn (US$12.02bn) in 2012. ...