The two companies currently offer distribution services to the bakery supply chain, connecting a diverse range of ingredients German chemical distribution firm Brenntag has acquired A1 Cake Mixes and Kluman and Balter. With this acquisition, Brenntag has entered the UK’s food ingredients distribution market. The two companies currently offer distribution[Read More…]
Company News
William Jackson Food to build new bakery in Corby, UK
The new bakery will be built on a ten-acre site in Genner Road on the Willowbrook East Industrial Estate in Corby, which was purchased by the company earlier this year in February In order to further expand its bakery business, UK-based William Jackson Food Group is planning to invest £40m[Read More…]
ThaiBev seeks dominance in South East Asia
ThaiBev is seeking to increase the revenue contribution from outside Thailand to more than 50 per cent by the end of 2020. Thai Beverage (ThaiBev) has partnered a local company to buy a $4.8 billion stake in the country’s largest brewer, Vietnam Beverage. ThaiBev is doubling down on Vietnam as it seeks to[Read More…]
Chr Hansen and GEA open new fermentation plant in Denmark
The new plant is reported to be the largest production site of its kind, featuring two lines with 45m³ fermentors each and two lines with 100m³ fermenters Global bioscience company Chr Hansen and the process technology supplier GEA has opened a new fermentation plant for bacterial cultures at its site[Read More…]
Pioneer Foods to purchase Lizi’s brand in UK
The company further noted that the purchase is in line with its strategic plan to acquire companies in geographies and categories where they have an existing presence UK based Pioneer Foods which is a subsidiary of South Arica’s breakfast cereal manufacturer Pioneer Foods, is planning to purchase UK-based granola brand,[Read More…]
Rob Rhinehart resigns as the CEO of Soylent; Crowley takes over
Soylent saw major setbacks over the past two years, including a temporary halt to sales after customers reported becoming violently ill. Singapore – Rob Rhinehart, founder of the much-maligned food-replacement start-up Soylent, is stepping down as CEO effectively immediately. Bryan Crowley, who was appointed president of Soylent parent company Rosa[Read More…]
Campbell acquires Pacific Foods
Campbell expects that Pacific Foods will contribute approximately $100 million in net sales in fiscal 2018. Singapore – Campbell Soup Company announced it has completed the acquisition of Pacific Foods of Oregon (Pacific Foods) for $700 million in cash, subject to customary purchase price adjustments. Pacific Foods is a leading[Read More…]
Coca Cola Australia introduces raspberry flavour
Coca-Cola Raspberry will be available in all major and independent retailers and across the country. Coca-Cola Australia has launched a new flavour Coca-Cola Raspberry, which will be available for a limited time during the summer months. The summer offering has a refreshing taste with a delicious splash of raspberry flavour.[Read More…]
Nestlé ensures edible food doesn’t go to waste with redistribution initiative
Both Nestlé and the Company Shop predict that it will increase food donations by the equivalent of two million meals annually on top of the products that already go to Fareshare Nestle in partnership with the Company Shop and WRAP hopes to reduce its food waste by increasing the amount[Read More…]
Mike Spanos to head Asia operations of PepsiCo
All the major changes will come into effect from January 1, 2018. PepsiCo has recently announced top-level global management rejig, following which Mika Spanos will become CEO of AMENA (Asia, Middle East and North Africa) region in place of SAnjeev Chadha, who is set to retire in March. Chadha will become the chairman of[Read More…]
