Nordic food company HKScan has agreed to form a joint venture (JV) with Zhejiang Qinglian Food to sell Finnish pork products to Chinese consumers. HKScan is looking to establish a new presence on the Chinese market by launching products ...
Tags: Pork Products, pork
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
Valmet has been awarded a contract to supply three winders for Shanying International’s facility in Hubei province, China. Under the contract, Valmet will be responsible for the supply of three high-capacity OptiWin Drum two-drum ...
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
HP has expanded its labels and packaging range with the launch of new solutions that can be used in a wide range of applications. The new offerings include - HP Indigo 6900 digital press for labels and packaging and HP PageWide C500 Press ...
Tags: Digital Label, Packaging
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
The Hain Celestial Group, a US-based organic and natural products company, is exploring sale of its pure protein business to focus on core brands. The business, known as Hain Pure Protein, comprises the company’s organic poultry ...
Tags: organic products, natural products
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
Coca-Cola has set a goal to collect and recycle every bottle or can it sells by 2030. The company announced the new packaging commitment as part of its ‘World Without Waste’ campaign which looks to make all its packaging 100% ...
Reynolds and Reynolds Canada has entered into an agreement with Motoinsight that will allow dealers using the Reynolds ERA-IGNITE dealership management system (DMS) to access Motoinsight’s automotive data for customer incentives in ...
Tags: Reynolds, Automotive, Canadian Market
Nestle Japan is all set to commercialize the first ever natural pink ruby-flavored chocolate by introducing the new KitKat Chocolatory Sublime Ruby bars in Japan and South Korea. The ruby chocolate used in the new KitKat product, dubbed ...
Nestlé has agreed to sell its US confectionery business, made up of more than 20 brands, to Italian confectionery giant Ferrero for $2.8bn. The confectionery business of Nestle in the US makes up about 3% of US Nestle Group sales. ...
Osram Opto Semiconductors GmbH of Regensburg, Germany has added the new Oslon Compact PL to its portfolio of products for the automotive sector. Particularly suitable for use in vehicle headlights, the LED can be used for adaptive ...
Tags: Osram, LED headlamps
International Paper has completed the transfer of its North America Consumer Packaging business to Graphic Packaging. Graphic Packaging holds 79.5% stake in the combined company, while IP owns the remaining 20.5% interest. In October ...
Tags: Graphic Packaging, Packaging
Stone Canyon Industries (SCI) has announced recapitalization of its packaging subsidiary with a minority investment from Ontario Teachers', Canyon Capital, PSP Investments and Arcadia. Under the deal, SCI is issuing $850m series A ...
Tags: Stone Canyon Industries, packaging