American confectionary giant Mars has unveiled plans to combine merge chocolate and wrigley segments to form a new company aimed at unifying its chocolate and candy business. Named as Mars Wrigley Confectionery, the new company will help ...
Tags: Mars, chocolate and wrigley segments, merger
Archer Daniels Midland will be showcasing its comprehensive and growing product portfolio at this year’s Gulfood Manufacturing show in Dubai. Highlights will include an extensive selection of natural colors and flavors, flavor ...
According to the latest research conducted by business and financial advisory firm Grant Thornton UK, after a strong first quarter deal activity in the food and beverage sector has declined this quarter, due to market uncertainty in the ...
French dairy giant Danone has entered into an agreement to acquire WhiteWave Foods in an all-cash deal worth $12.5bn. The acquisition is expected to double the size of Danone's business in the US, while helping the company to move towards ...
Tags: WhiteWave Foods, Danone, beverage categories
Kellogg Company has set up a new venture capital fund to invest in startups that work on new ingredients, foods, packaging, and enabling technology. The venture fund named eighteen94 capital (1894) will make small investments in companies ...
Tags: venture fund, Kellogg Company
The diamond industry is waking up to a new reality. Not only are the banks insisting on stricter compliance standards and pipeline integrity, but the largest mining companies and jewelry retailers are rapidly following suit. This is forcing ...
Tags: diamond industry, diamond
Meat products and snack foods have been identified as growth markets in the US according to America’s Association for Packaging and Processing Technologies (PMMI). Surveying 70 US-based professionals across the food processing ...
Tags: PMMI, Meat Products, Snack Food
Swiss food company Nestle is planning to acquire the remaining stake of 36.3% in Israel-based food manufacturer Osem for $840m. Nestle had originally invested in Osem around two decades ago, when it had taken 63.7% stake in the company, ...
The global market for functional and barrier coatings for paper and board packaging is expected to reach over $7.1 billion by 2020, according to a new report. Published by packaging industry researcher Smithers Pira, the report found that ...
Tags: barrier coatings, paper packaging, paper-based packaging
MGP Ingredients, a leading supplier of premium distilled spirits and specialty wheat proteins and starches, reported results for the third quarter period ended 30 September 2015. Third quarter 2015 highlights (vs. third quarter 2014) ...
Tags: MGP Ingredients, distilled spirits
Chicago-based manufacturer of frozen beverage products Bevolution Group has acquired Tropics Mixology, a cocktail mix and smoothie maker. Tropics Mixology offers a broad line of beverage mixes which are believed to complement Bevolution's ...
The country's largest intimate apparel trade fair, Galleria Intima, in its fourth instalment brings in two major Chinese elastic companies – Legend Elastics and Shangang Elastics – to showcase their products. The event is ...
Birla Cellulose, which had recently launched Liva, hosted the Liva Partner Conclave 2015 in Jaipur in collaboration with the Garment Exporters Association of Rajasthan. “The focus was on the Liva Spring/Summer 2016 collection, ...
Tags: ethnic garments, skirts, kurtis
Birla Cellulose, the flagship company of the Aditya Birla Group recently launched Liva, a new age fabric brand in line with consumer needs. Leading Bollywood diva Kangana Ranaut is the brand ambassador of Liva and had been part of the Liva ...
Tags: fashion textile, fabric products, Liva
Cargill has launched a newly expanded world class chocolate facility in Mouscron, Belgium that will increase the supply of Belgian chocolate. The €35 million investment doubles production capacity for a product range including dark ...
Tags: Cargill, Chocolate Facility