Norwegian conglomerate Orkla has signed an agreement to acquire 70% stake in Broer Bakkerijgrondstoffen to expand its presence in the Netherlands. Broer is a manufacturer of almond paste, bakery ingredients and ice cream powder. Orkla ...
Food and engineering group Carr’s has sold its flour milling business to Whitworths Holdings for £36m. Carr’s said that the disposal of its food division will enable it to increase focus on its growing agriculture and ...
Berkshire Hathaway company CTB has agreed to purchase 80% stake in Danish company Cabinplant for an undisclosed sum. Based in Haarby, Cabinplant provides processing and weighing / packing solutions for the food industry. With ...
Tags: CTB, Cabinplant, stake
The supermarket is now set to open more Argos digital concessions in its stores. Sainsbury's has successfully completed its £1.4bn acquisition of Argos owner Home Retail Group. The supermarket is now set to open more Argos digital ...
Tags: Sainsbury's, acquisition, Home Retail Group
Sweden-based vegetable oils and fats producer AAK has announced the completion of the acquisition of California Oils (CalOils). In July, AAK announced that it was acquiring CalOils, which is based in Richmond, California, from ...
Tags: AAK, CalOils, acquisition
Germany based color masterbatch producer Karl Finke has installed a new blow molding equipment for PET bottles to expand its technical center in Wuppertal, Germany. The new blow-moulding system has been installed to speed up the process ...
Dunapack Packaging, a unit of Austrian Prinzhorn Group, has signed an agreement to acquire corrugated business of packaging producer Camis Ambalaj Sanayi in Turkey. Financial terms of the deal were undisclosed. Camis Ambalaj Sanayi ...
Tags: Dunapack Packaging, agreement, Camis Ambalaj
Global supply chain risk Q2 2016. Global supply chain risk climbed in the second quarter of 2016, reaching the highest levels since records began in 1995, according to the CIPS Risk Index, powered by Dun & Bradstreet. The Index, ...
Tags: Global supply chain risk
New research from Worldpay reveals that high-spending super-shoppers in Australia see online shopping as a daily task, not just an occasional treat A small group of highly active Australian shoppers account for 92% of all spending on ...
Recently, SHACMAN delivered new X3000 refrigerator truck to customers. The luxury gold refrigerated truck is jointly manufactured by SHACMAN and CIMC. Referred to the delivery of the refrigerator truck, the customer said with the thumbs ...
Disney's Rogue One: A Star Wars Story is predicted to be a big driver for toy sales this Christmas period. Star Wars, Doc McStufins and Barbie have all topped the list of US retail giant Walmart’s top toy picks for Christmas 2016. ...
RiceBran Technologies announced that its board of directors has named Dr. Robert Smith, the company's chief operating officer, as interim CEO, effective immediately. Dr. Smith will succeed W. John Short, who will remain with the Company ...
Arbor Investments has completed the acquisition of US-based Dunn Paper from Wingate Partners. Based in Port Huron of Michigan, Dunn Paper produces lightweight paper and tissue products for the food packaging and consumer product markets. ...
Tags: Arbor, Dunn Paper, investment
Milk Specialties Global has announced that it has acquired the Saputo facility in Monroe, Green County, Wisconsin, US. Founded in 1949, Milk Specialties has experienced exceptional growth in human and animal nutrition. The ...
Global food company Paulig Group has acquired a major stake of 51% in Finland-based Gold&Green Foods for an undisclosed amount. Gold&Green Foods is the manufacturer of pulled oats, a food innovation product. The partnership between the ...
Tags: Paulig Group, Gold&Green Foods