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Food Unit
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Siegwerk Expands Ink Safety Portal Services
Apr 8, 2018Siegwerk has enhanced its Ink Safety Portal to provide additional resources in a bid to improve its value and usability. With its Ink Safety Portal Siegwerk Druckfarben AG & Co. KGaA, one of the leading international suppliers of printing ...
Tags: Siegwerk, Safety Portal
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Unilever to Open New Global Foods Innovation Center in Netherlands in 2019
Oct 11, 2016Unilever 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
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Defra Launches Great British Food Unit to Boost Food Products Exports
Feb 3, 2016The Department of Environment, Food and Rural Affairs (Defra) has established Great British Food Unit intended to boost exports and create 5,000 jobs in food and drinks manufacturing sectors. The partnership between the sector ...
Tags: Defra, Food Products
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Snyder's-Lance to Acquire Diamond Foods for $1.91bn
Oct 30, 2015US-based snacks manufacturer Snyder’s-Lance will acquire snack food and culinary nut company Diamond Foods for approximately $1.91bn, which includes $640m of debt. The parties signed a definitive agreement in this regard under ...
Tags: snacks, Diamond Foods
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Nestle Plans to Sell Frozen Food Unit Davigel to Brakes Group
Apr 16, 2015Swiss food major Nestle is reportedly engaged in advanced level talks to sell its frozen food unit Davigel to Brakes Group, which is owned by Massachusetts based buyout fund Bain Capital. A person familiar with the situation told ...
Tags: Nestle, Brakes Group
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Itochu Decided to Sell Its Stake in Cfi to Make a Investment in Chinese State-Owned Firm
Mar 5, 2015Japanese trading company Itochu has decided to sell its stake in China Foods Investment (CFI) in an effort to make a $10.4bn investment in Chinese state-owned firm Citic. The company will now sell its 74.1% shares in Chinese food unit ...
Tags: Foods Investment, CFI
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Bob Evans Farms to Sell or Spinoff Its Sausage and Refrigerated-Food Business
Mar 5, 2015US-based Bob Evans Farms has scrapped plans to sell or spinoff its sausage and refrigerated-food business. This comes after the company witnessed 18% decline in shares to $48.80. Sandell Asset Management, which owns over 7% of Bob ...
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Nestlé Spain Has Agreed to Divest Its La Cocinera Frozen
Jan 12, 2015Nestlé Spain has agreed to divest its La Cocinera frozen ready to eat meals business to British frozen food and seafood supplier Findus Spain for an undisclosed amount. The company has signed an agreement to this effect which is ...
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JSB to Raise BRL4bn ($1.8bn) From The IPO of Its Food-Processing Operation
Sep 5, 2014JBS, a Brazilian beef exporter, has announced that it will resume its plan to raise BRL4bn ($1.8bn) from the initial public offering (IPO) of its pork, poultry and food-processing operations in Brazil as early as next month. Following ...
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TTK Healthcare Has Outlined Plans to Begin Production at Its Upcoming Food Unit
Aug 28, 2014TTK Healthcare has outlined plans to begin production at its upcoming food unit in Jaipur, India, by the end of the current fiscal. This is part of company's plan to strengthen its food division business. Earlier, the company announced ...
Tags: TTK Healthcarem, Production, Food
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JBS Plans to Raise $1.36bn Through IPO
Apr 15, 2014Brazil's JBS plans to raise BRL3bn ($1.36bn) through initial public offering (IPO) of its poultry and processed food division. The company has appointed five investment banks, including Banco Itaú BBA, Banco Santander, BTG Pactual ...
Tags: Brazil's JBS, Food Unit, IPO
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Kuwait's al-Kharafi Family Is Reportedly Seeking to Sell The Food Unit
Apr 9, 2014Kuwait's al-Kharafi family, the owners of Americana food brand, is reportedly seeking to sell the food unit. Currently, no formal process has commenced for the proposed sale; however, the owners are working with financial advisory firm ...
Tags: Americana food brand, food unit
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Ahlstrom Producer of Fiber-Based Materials Has Unveiled a Biodegradable Molding Material
Feb 24, 2014Ahlstrom, a Finnish producer of fiber-based materials, has unveiled a biodegradable molding material, designed for food packaging. The patent-pending product is claimed to provide key benefits to food processors, including heat resistance ...
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Del Monte Pacific Has Closed The Acquisition of Del Monte Foods' Consumer Products Busines
Feb 20, 2014Del Monte Pacific (DMPL), a Singapore-based food and beverage firm, has closed the acquisition of Del Monte Foods' (DMF) Consumer Products business for $1.67bn. The acquired entity will now be renamed as Del Monte Foods (DMFI). The ...
Tags: Del Monte Pacific, US Food Unit
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DMPL Received Approval From The Singapore Exchange on The Acquisition of Food Unit
Feb 10, 2014Del Monte Pacific (DMPL), a Singapore-based food and beverage firm, has received approval from the Singapore Exchange to proceed with its proposed takeover of Del Monte Foods' (DMF) Consumer Products business in a $1.67bn deal. In October ...
Tags: Agriculture, food, beverage
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