TA Associates, a leading global growth private equity firm, today announced a partnership with SkinnyPop Popcorn LLC founders Pam Netzky and Andy Friedman and food entrepreneur Jason Cohen to further build the brand and support continued ...
Tags: TA, SkinnyPop founders, Food
Dairy Crest Group, Britain's largest dairy food company, plans to slash about 260 jobs and close its Hanworth glass bottling dairy and Chard facility, owing to lower demand for glass bottles and financial viability. As part of the plan, ...
Tags: Chard Facilities, Food
Australian private equity firm Archer Capital is looking for a joint venture (JV) partner in Asia for its Brownes Dairy unit. As reported in the Wall Street Journal, the move comes in response to the dominance of retailers, which have ...
Tags: Archer Capital, Brownes Dairy, Food
Arla Foods is making a non-binding bid for a majority stake in Arab Dairy Products Company, a listed company based in Cairo, Egypt. The bid of 65 Egyptian pounds per share is dependent on a satisfactory due diligence of the dairy company ...
Tags: Arla Foods, Non-Binding Bid, Food
In a statement, Holfeld said that the acquisition creates “exciting opportunities for the continued development and expansion of both Holfeld Plastics and PPE. Our combined product range and merged technical resources enhancing our ...
Tags: Holfeld, Par-Pak Europe
Dairy Home, a leading dairy producer, has agreed to use bioplastics for all of its yoghurt packaging, in a deal struck with NatureWorks Asia Pacific, an affiliate of PTT Global Chemical. Heralded as the first such deal sealed with an ...
Tags: Chemicals, Green Chemicals
Swedish producer of vegetable oils and fats solutions AAK has outlined plans to build a specialty and semi-specialty edible oils factory in China, with an estimated outlay of about $56.34m. To be built in Zhangjiagang along the Yangtze ...
Tags: Edible Oils, AAK, vegetable oils
Corn prices continue to be dominated by expectations of a very large U.S. harvest. The USDA will release a new forecast of the size of the crop on September 11. The market expectation is that the new forecast will be about 250 million ...
Tags: Agriculture, Corn
New Zealand dairy co-operative Fonterra Co-operative Group Limited and a leading Chinese infant food manufacturer Beingmate have formed a global partnership that will help meet China’s growing demand for infant formula. Fonterra ...
Tags: Fonterra, Infant Food
Older US consumers are looking for dairy products with nutritional benefits, according to market research organisation Canadean. Consumers aged 55 and above make up over a fifth of dairy consumption in the US, and this number is set to ...
Tags: Aging US Consumers, Dairy Products
RPC Superfos’ barrier packaging solution SuperLock, which claims to ensure efficient storage and a shelf life of up to 24 months for food products, will now be available from RPC Containers Blackburn. The new packaging solution ...
Tags: packaging, food products
Global dairy product prices fell again at the latest GlobalDairyTrade (GDT) auction, due to a seasonal lift in New Zealand supply and the recent Russian sanctions on European Union dairy exports. Prices are now 42.2% as against the ...
Tags: Dairy Product, dairy exports
New York-based private investment firm Kohlberg Kravis Roberts (KKR) has divested its entire stake in China Modern Dairy, for around $80m. The company sold 168 million shares at HK$3.70 ($0.47) per share. China Modern Dairy is an ...
Tags: Modern Dairy, Food
RPC Superfos, a unit of rigid plastic packaging business RPC Group, has introduced new packaging for dairy products. In line with consumer demand for easy meals on-the-go, the new dairy packaging includes a spoon integrated into the lid ...
Tags: Dairy Products, Packaging
American foodservice company Golden State Foods (GSF) has signed a Management Services Agreement (MSA) with Guangzhou OSI Food, to control and manage the plant in Guangzhou, China, which produces vegetables, fruits and nut products. Under ...
Tags: Golden State Foods, Guangzhou Plant, Food