The European Commission (EC) has approved the joint acquisition of Slaney Foods JV and Slaney Proteins by ABP Group and Fane Valley. The proposal for acquisition of the stake has been cleared unconditionally by Europe’s competition ...
Tags: EC, joint acquisition, ABP, Fane Valley
Unilever has announced that it will invest undisclosed amount to establish a new global foods innovation center in the Netherlands. The innovation center is expected to be fully operational by April 2019. Located in Wageningen, the new ...
Tags: Unilever, innovation center
French frozen pastry maker Mademoiselle Desserts has acquired the Netherlands based Quality Pastries, for an undisclosed sum. Investment firm Equistone Partners Europe has provided financial backing to the French company in the ...
Orkla Food Ingredients has, through its 50% ownership in FD Holding Oy, been granted European patent for the FOODDUCK spread dispenser. Corresponding patent application has also been approved for grant in the US. Following successful test ...
Tags: Orkla Food Ingredients, FD Holding Oy, FOODDUCK spread dispenser
Food technology company JBT has entered into an agreement to acquire Tipper Tie for $160m to expand its protein platform. However, the transaction value is subject to customary post-closing adjustments. Expected to close in the fourth ...
Tags: JBT, Tipper Tie, acquisition
Cargill reported financial results for the fiscal 2017 first quarter ended 31 August, 2016. Key measures include: Adjusted operating earnings rose 35 percent to $827 million in the first quarter, compared with $611 million in the ...
Tags: Cargill, fiscal results
Swiss food giant Nestle and Britain’s R&R Ice Cream have completed establishing a joint venture Froneri to combine their activities in ice cream, frozen food and chilled dairy. The joint venture will integrate both the ...
Tags: Nestle, R&R Ice Cream, Froneri
Lotus Bakeries has announced that it will invest in setting up a new manufacturing facility in the US, to expand its biscuit production capacity. Besides, the company will build a new production hall in Belgium to meet the growing demand ...
James will be responsible for the commercialisation of Nickelodeon assets and properties within the UK and Irish markets. Marianne James has been named VP commercial partnerships, consumer products and experiences for Nickelodeon UK and ...
Fans of Activision’s Skylanders will get the chance to customise their own 3D character using the new Skylanders Creators app. Fans of Activision’s Skylanders will now be able to design and 3D print their very own toy ...
Tags: Activision, Skylanders Creators, 3D models
Natural gas imports to China through northwest China's Xinjiang Uygur Autonomous Region have grown this year, local customs said. As of the end of August, more than 16.75 million tons of natural gas had been imported through Xinjiang this ...
Tags: Gas, Central Asia, Natural gas
The Chinese government has released a plan on scientific and technological (S&T) cooperation between China and countries along the Belt and Road. China plans to set up joint labs, research centers, tech transfer centers and S&T parks with ...
Tags: Belt and Road, Sci-Tech Cooperation, China
Taiwan-made bathroom furniture with high quality and functionality, along with competitive prices, can help buyers to ride on U.S.’s bullish realty market. With U.S.'s realty and job markets continuously on the mend to sustain ...
Tags: bathroom furniture
Hearthside Food Solutions has commenced operations at its nutrition bar facility in Boise, Idaho, expanding its bar production capacity in the US. The facility takes the number of bar plants operated by Hearthside to nine in the US and ...
Drinks giant William Grant & Sons has reported an 8.9% increase in profits after tax for fiscal year 2015, reaching a record high of £147.4m. The company posted a profit of £135.3m in 2014. A planned reduction in third-party ...
Tags: William Grant&Sons, fiscal report