Fonterra Ventures has partnered with German active nutrition start-up foodspring via an investment in its parent firm, Goodminton. The new partnership will enable Fonterra to tap into the rapidly growing active nutrition consumer segment, ...
Tags: Fonterra, Start-up Foodspring
Archer Daniels Midland (ADM) has agreed to acquire 50% stake in the sweeteners and starches business of Russia-based Aston Foods and Food Ingredients. ADM Europe, Middle East and Africa president Pierre Duprat said: “ADM has ...
Tags: Sweeteners, Aston Foods
US food giants Archer Daniels Midland (ADM) and Cargill have signed an agreement to create a joint venture (JV) to meet increasing customer demand for soybean meal and oil in Egypt. The JV, which will be equally owned by the partners, ...
Tags: Archer Daniels Midland, soybean
Koenig & Bauer announces a price increase with effect from 1 April 2018 for the entire product portfolio. Koenig & Bauer salesexecutive vice-president Ralf Sammeck said: “This price increase is being effected against the background ...
Australian packaging firm Orora has purchased two EFI Nozomi C18000 single-pass LED inkjet corrugated packaging presses to boost its production capabilities. The purchase is a part of an agreement signed by Orora with EFI to expand global ...
Constantia Flexibles Group is planning to expand, Constantia ColorCap, located in Rybnik, southern Poland. The company plans to make undisclosed amount to expand the facility in a bid to cater to the growing demand in the dairy industry. ...
Ford is investing $25m at its Kentucky plant to increase production of its Lincoln Navigator, Expedition SUVs in order to meet increasing customer demand. The company claimed that Navigator retail sales were up triple digits in most ...
Tags: Ford, Lincoln Navigator
Danish Crown’s Polish meat business Sokolow has revealed its intentions to acquire its rival Gzella Meat Group. Gzella Meat's operations are confined to the northern region of Poland. The deal between the two Polish meat firms ...
Tags: Polish meat, Gzella Meat
Zara has selected DS Smith Plastics, Injection Moulded Products to design a tote to meet all their expectations. ZARA, a clothing company, needed a reusable and nestable tote to use in the fully automated distribution centre. ZARA had ...
Food and beverage giant Nestlé has purchased a majority stake in Terrafertil, a South American organic food company that manufactures plant-based foods and snacks. Financial terms of the transaction have not been disclosed by the ...
Tags: Nestle, Organic Food
Bright Blue Foods (BBF) has agreed to acquire Greencore Group’s cakes and desserts business in Hull, UK for an undisclosed sum. The transaction along with an earlier announced closure of a desserts facility in Evercreech will enable ...
Tags: Bright Blue Foods, Cakes
Tata Motors-owned Jaguar Land Rover is cutting down production at its Halewood plant, amid Brexit uncertainty and concerns over the future of diesel vehicles. The company said that it is a temporary move and does not affect any of the ...
Tags: Tata Motors, Jaguar Land Rover, Brexit
UK-based carton printer Beatus Cartons has invested in two Koenig & Bauer (KBA)-Iberica Optima 106 die-cutting machines to boost its business. The purchase is a part of an investment program that includes pre-press, printing and ...
Tags: Die-Cutting Machines, printing
General Motors (GM) said Flint Engine Operations will serve as the manufacturing site for the all-new Duramax 3.0L turbo-diesel for the 2019 Silverado. In 2015 GM announced a $263 million investment in Flint Engine Operations for a new ...
Tags: Flint Engine, Chevrolet Cruze, Volt
Packaging firm DS Smith is installing the second HP T1100S machine in a bid to expand its digital printing capabilities. The machine is being installed at the company's facility in Fulda of Germany, helping to meet the increasing demand ...
Tags: Digital Printing Press