Agreement includes a production site in Illertissen, Germany BASF has signed a binding agreement to sell its Food and Health Performance Ingredients business, including the production site in Illertissen, Germany, to Louis Dreyfus Company (LDC), a leading global merchant and processor of agricultural goods including high-quality, plant-based ingredients. BASF’s Food[Read More…]
Europe
Dutch dairy FrieslandCampina and Milcobel announce merger
The merger of FrieslandCampina and Milcobel will create one international, future-oriented organisation that can seize opportunities and address challenges more effectively in the global dairy market FrieslandCampina and Milcobel have announced their intention to merge. This joining of forces creates a leading dairy cooperative and dairy company. The merger provides[Read More…]
Unilever to sell foods brands Unox and Zwan
Zwan is a cherished brand in Belgium, associated with comfort and nostalgia and with quick and easy meals, making the brand a beloved part of everyday Belgium life Unilever announced that it has received a binding offer from Zwanenberg Food Group to acquire the Unox and Zwan brands. Both iconic[Read More…]
EU adopts sustainable packaging regulations to reduce waste
The regulation addresses the entire lifecycle of packaging The European Council has officially adopted new regulations concerning packaging and packaging waste. These regulations aim to significantly reduce the generation of packaging waste by establishing binding reuse targets, restricting certain types of single-use packaging, and requiring economic operators to minimise the[Read More…]
AB Akola Group acquires Latvian company SIA Elagro
SIA Elagro Trade is a grain, seeds, plant protection products, and fertilisers business operating in Latvia SIA Linas Agro, an indirectly controlled company of AB Akola Group, has acquired 100 per cent of the shares of SIA Elagro Trade, a Latvian company, from Agrolats Holding AS and three natural persons. The[Read More…]
Nescafé launches new KitKat Latte
This indulgent coffee joins a full line-up of other Nestlé confectionery collaborations, including Aero Peppermint and Quality Street Green Triangle Nescafé has collaborated with the ultimate break brand, KitKat, to create a delicious chocolate flavour latte to brighten up your next coffee break. The Nescafé KitKat Latte hits shop shelves this week and combines the best of both[Read More…]
EU approves €155 million scheme for seafood processing in Denmark
This scheme aims to support large Danish fish-processing companies in implementing projects that reduce CO2 emissions The European Commission has approved a €155 million (DKK 1.1 billion) Danish scheme designed to promote green investments in the processing of fishery and aquaculture products, by EU State aid rules. This scheme aims[Read More…]
Spain’s ULMA Packaging acquires PackDesign AB
This acquisition enhances ULMA Packaging’s presence in Sweden, allowing the company to provide advanced, automated, and comprehensive solutions across various sectors As part of its global expansion strategy and commitment to local service, ULMA Packaging, headquartered in Oñati, Spain, has acquired all shares of PackDesign AB, a Swedish company that[Read More…]
China resumes imports of unprocessed pork from UK
Industry estimates suggest this development could increase revenues by approximately £80 million British pork producers are celebrating a significant victory as the government has successfully ended China’s Covid-era restrictions on imports of UK unprocessed pork. Industry estimates suggest this development could increase revenues by approximately £80 million. With the restrictions[Read More…]
Givaudan and Moonshot Pirates collaborate to shape future of alternative protein
Shape the Future inspires young innovators to rethink alternative protein experiences Givaudan, a global leader in flavours, taste, functional and nutritional solutions, announced a new collaboration with Moonshot Pirates, a dynamic movement of young leaders and changemakers. The “Shape the Future” Challenge is designed to inspire Gen Z consumers to imagine the alternative protein experience of[Read More…]