SunMoon Food Company, a global distributor of fruit and food products, has implemented Oracle's NetSuite OneWorld to support its global growth, and increase overall productivity and efficiency. In just five months, NetSuite OneWorld ...
Canadian dairy giant Saputo has agreed to acquire Australia-based dairy processor Murray Goulburn Co-Operative (MG) for CAD1.29bn ($1.01bn). The is expected to complement the operations of Saputo's Dairy Division (Australia). Saputo ...
Tags: Saputo, dairy processor
The Ferrero Group has agreed to acquire Illinois-based non-chocolate confectioner Ferrara Candy from private equity firm L Catterton for an undisclosed price to expand its US business. The transaction made by an affiliated company of ...
Petainer, a container manufacturer and supplier of plastic packaging for beverages, has been selected by Canadian coffee firm Berendo as packaging partner to support the launch of the latter’s B2B wet coffee business. Berendo ...
Tetra Pak has invested €30m in upgrading the Packaging Material Converting Factory in Denton, US, to meet the needs of the US and Canadian markets. As part of the upgrade, a new laminator has been installed at the plant, which will ...
Canadian brewery Central City Brewers + Distillers has released its new Red Racer Low Rider Raspberry and announced the first in a series of low-alcohol refreshers. The company said the Red Racer Low Rider Raspberry is a new take on the ...
Tags: Central City Brewers, Distillers
Tetra Pak has announced €30m investment to expand its packaging material converting factory in Texas to facilitate its business growth in the US and Canada. The investment will be used for modernization in the factory located in ...
Canada-based Agropur Cooperative has signed an agreement with Agrifoods to acquire Ultima Foods. Ultima Foods was a 50-50 joint venture by two of Canada’s leading cooperatives; Agrifoods and Agropur. With more than 40 years of ...
Tags: Ultima Foods, Agropur
Fiber-based products provider Domtar has opened its second generating unit, which has a power output of 18MW, at Windsor (Quebec) Mill, Canada. The start-up of its second generating unit, built for $36 million, will improve the energy ...
Tags: Domtar, Fiber-based products
UK-based bakery products manufacturer Finsbury Food Group is planning to close its Grain D'Or bakery business, putting around 250 jobs at risk. The company said that Grain D'Or has been historically loss making even after implementing ...
Tags: bakery products, bakery
Naturally Splendid Enterprises has executed a definitive agreement with Prosnack Natural Foods and and iCream Capital to acquire 100% of Prosnack. Prosnack is a Canadian company based in North Vancouver. Under the terms of its agreement ...
Tags: Natural Foods
Canadian packaging company Intertape Polymer has reported a 4.3% increase in its revenue to $210.2m for the second quarter of 2017, compared to $201m for the same period last year. The company's gross profit fell from 25.7% to 22.5% from ...
Tags: packaging, Intertape Polymer
German manufacturing giant Bosch stated that it will showcase its new machine for producing and packaging granola bars at PACK EXPO 2017 to be held in Las Vegas in September this year. The new system can produce and package granola bars ...
Tags: Bosch, Pack Expo 2017
Metro has agreed to purchase a majority interest in MissFresh, a Montreal company which produces ready-to-cook meals. Ever-responsive to industry trends, METRO is thereby positioning itself in a growing market: the online sale of ...
Tags: ready-to-cook meals, Metro
Otsuka Pharmaceutical has agreed to acquire Canada-based Daiya Foods which specializes in the manufacturing plant-based foods. The acquisition, reported at 405 million Canadian dollars, is expected to help increase Daiya's presence ...
Tags: Otsuka, plant-based foods