In the first nine months of 2016, KBA-Sheetfed achieved a 17.5% increase in revenue to €443.8m, accompanied by strong segment earnings of €17.3m. Following a good third quarter, the Koenig & Bauer Group (KBA) came substantially ...
Tags: KBA-Sheetfed, good net liquidity
Frutarom has agreed to acquire 75% stake in savory solutions provider Piasa Group for approximately MXN405m ($20.5m) to foray into the Mexican market. Piasa is Frutarom’s first acquisition in Mexico, while being the fifth in the ...
Tags: Frutarom, Piasa Group
Startbucks has introduced Nitro Cold Brew at the China World Trade Centre Starbucks store in Beijing. This is the first locaion in China and outside of US and Canada where Nitro Cold Brew was introduced. The introduction of Nitro Cold ...
Tags: Starbucks, Nitro Cold Brew
Coca-Cola has reported a 7% decrease in its net sales to $10.6bn for the third quarter of this year, compared to $11.4bn for the same period in 2015. The soft drinks giant has blamed the impact of foreign currency and structural changes ...
Tags: soft drinks, beverage
"Innovative play experiences, engaging storytelling and global execution of Hasbro's brand blueprint continues to drive consumer and retailer demand for our brand portfolio," said Brian Goldner, Hasbro's chairman, president and chief ...
Tags: Hasbro, Boys category
Arcos Dorados, the world’s largest McDonald’s franchisee, announced that it will source 100% cage-free eggs by 2025. The decision reinforces the Company´s commitment to animal welfare, demonstrated by its existing ...
Tags: Arcos Dorados, cage-free eggs
FMC has launched new agricultural commercial operations in Argentina, upon exiting its joint venture (JV) with Ruralco Soluciones. The new company will support its agricultural solutions business in the country. From now on, FMC will ...
US-based cereal maker Kellogg has entered into an agreement to acquire Ritmo Investimentos, a controlling shareholder of Brazilian food group Parati Group. The purchase price of the acquisition is about $429m and it will be an all-cash ...
Tags: Kellogg, emerging markets
The new collection of toys will include figures, play-sets, vehicles and plush. Jazwares has been named the master toy licensee for North America and Latin America for the animated show, Molang. Paris-based animation production and ...
Tags: Jazwares, Molang, Millimages
US firm JBT has signed an agreement to acquire Tipper Tie from Dover for around $160m. Based in Apex of North Carolina, Tipper Tie provides protein processing and packaging solutions, and related consumables to the food industry. The ...
Tags: JBT, agreement, Tipper Tie
Swiss transnational food and drink firm Nestle has opened a new $245m child nutrition factory in Jalisco, Mexico. The 600,000 m2 facility will triple the company's existing capacity for manufacturing child nutrition products. It is ...
Tags: Nestle, child nutrition factory
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
Taiwanese blown film machinery makers compete globally with high-performance, high-quality and competitively priced models. Among the plastic processing machines makers in Taiwan, those making plastic inflation and blown film machines ...
GREEN CREATIVE announces Ken Hawley as the company’s new Vice President of Sales. Ken joins GREEN CREATIVE from Venture Lighting where he worked as the Vice President of Sales and Marketing (Americas) since 2003. Throughout ...
Grundfos’s earnings before interest and tax (EBIT) for the first six months of 2016 increased by 29% on 2015, from DKK637 million to DKK824 million. Half-year 2016 turnover however slipped 2.5% to almost DKK11.6 billion. ...