Campbell Soup is launching a $125m venture capital fund, Acre Venture Partners, to invest in food startup companies, seeking new areas of interest for growth. The company will be the limited partner in the new venture capital fund and ...
Tags: Campbell Soup, Food Startups
Coopers Brewery is adding Danish beer Carlsberg Mid 3.5% to its portfolio. The beer will be brewed at Coopers’ Regency Park factory in South Australia and is planned to be sold nation-wide by March. Coopers National Sales and ...
Tags: Coopers, Coopers Brewery
Beverage company PepsiCo has entered into a Memorandum of Understanding (MoU) with Maharashtra state in India to support fruit processing and horticulture as part of its Rs330bn ($4.8bn) investment plan in the country by 2020. Under the ...
Flavored beverages producer Dr Pepper Snapple (DPS) is joining the Closed Loop Fund to increase beverage container recycling rate in the US to 60% by 2030. The company is investing $5m in the social impact fund, which was set up in 2014 ...
Tags: Beverage Container, Recycling Rate
UK's natural spring water company Montgomery Waters has invested in second PET bottling line from liquid packaging solutions provider Sidel. Sidel's complete line includes compact blow-fill-cap Combi solution featuring a Sidel Matrix ...
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, ...
Singapore food and beverage company Fraser and Neave has expressed interest in acquiring South Africa's SABMiller's Peroni and Grolsch beer brands in Europe. The expression of interest is occurring whilst beverage giant Anheuser-Busch ...
The nation's biggest breakfast cereal brand Weetabix is kicking off the New Year with a flying start, after taking first place in the cereal category at this year's Product of the Year awards; for new product Weetabix Protein Crunch. ...
Graphic Packaging International has agreed to acquire 100% of folding carton manufacturer Walter G. Anderson (WG Anderson) for an undisclosed amount. The announcement comes on the heels of the company's agreement to purchase Australian ...
Tags: Graphic Packaging, Folding Carton
SurePure, a global leader in liquid photopurification, announced the European Food Safety Authority (EFSA) published its opinion stating that cow's milk treated by SurePure's UltraViolet light photo purification technology after ...
Tags: UV-Treated Milk, SurePure
Israel-based ingredients company Frutarom has acquired 50% stake in Algalo Industries to fortify its position in algae-based products segment. Frutarom has invested NIS10m ($2.6m) to acquire the stake. As part of its growth strategy, ...
Tags: Frutarom, algae-based products
Coca-Cola and Pepsi Co. have revealed some of their respective plans for global market dominance in 2016. Coca-Cola has kicked off 2016 with a new global marketing campaign called "Taste that Feeling". It is the beverage giant's first ...
Tags: Soft Drink, Coca-Cola, Pepsi
22 Dec 2015 Australia is seeing a plateau in its recycling rates according to the Australian Packaging Covenant (APC). According to the sustainable packaging initiative, the overall recycling rate for post-consumer packaging in ...
Members of the Ghana Association of Chinese Societies on Monday presented Christmas gifts to children at the Kumasi Children's Home, a state-run orphanage in Ghana's second largest city Kumasi. The gifts included LED TV sets, tower fans, ...
President of Ghana, John Dramani Mahama has commissioned Kasapreko's new beverage bottling plant in a bid to meet demands in domestic and international beverage markets. Alcoholic drinks producer Kasapreko's new facility is valued at ...