With an investment of over 16 million euros in the first phase, the industrial and technological platform will be located in Clermont-Ferrand within the Parc Cataroux Center for Sustainable Materials Danone, DMC, Michelin and Crédit Agricole Centre France join forces to create a cutting-edge biotechnology platform. Two major French industrial leaders[Read More…]
Europe
Loryma introduces clean-label solutions for vegan meat alternatives
The wheat-based solution offers a declaration-friendly alternative to conventional binders such as methylcellulose and is ideal for meat-free products Ingredients specialist Loryma responds to increasing demand for foods with easily understandable ingredient lists with the addition of a new binder to the Lory Bind portfolio. The wheat-based solution offers a[Read More…]
Coca-Cola’s red crates made from 97% recycled plastic in Netherlands
The introduction of these recycled crates is expected to have a significant impact on the Dutch market Coca-Cola Europacific Partners Netherlands has announced that its iconic red crates will now be made with 97 per cent recycled plastic. This innovative move is a collaboration between CCEP, local recycler Healix and[Read More…]
Slate acquires World Seafood Centre in Norway
The property is let to some of the largest seafood tenants in the world under long lease terms indexed with CPI Slate Asset Management (Slate), a global alternative investment platform targeting real assets, announced that it has acquired the World Seafood Centre, a state-of-the-art, newly built seafood refrigeration and distribution[Read More…]
Müller acquires Yew Tree Dairy
Müller plans to significantly invest in the capacity and capabilities of the Skelmersdale milk-drying site Müller has reached an agreement to acquire Yew Tree Dairy. Yew Tree Dairy, which is based in Skelmersdale, West Lancashire, is a family-owned dairy company producing fresh milk and cream. Following significant investment in recent[Read More…]
Valeo Foods Group acquires Italian bakery Dal Colle
Dal Colle provides a highly complementary addition to Valeo’s expanding Italian platform and operations Valeo Foods Group, one of Europe’s leading producers of quality sweets, treats and snacks, has completed the process of acquiring assets of a renowned Italian producer of high-quality bakery products, Dal Colle. With a history and[Read More…]
British Frozen Food Federation issues manifesto
Industry has a key role to play in tackling several of the key challenges that will be on the new government’s agenda With the announcement of a general election, the British Frozen Food Federation (BFFF) outlines its wants and needs for a new government. Rupert Ashby, chief executive of the[Read More…]
Valio invests over EUR 60 Mn in Finland plant
Construction work will begin in the summer of 2024, and the new production line is expected to be commissioned in the spring of 2026 Food company Valio is investing over EUR 60 million in the cheese production process at the Lapinlahti plant in Finland. The investment includes an expansion of[Read More…]
Italy’s Newlat Food to acquire Britain’s Princes Group
Princes’ head office is based in the UK (Liverpool) supported by a presence across continental Europe, managed by The Netherlands International food and drink group Princes announces that Italian-based Newlat Food S.p.A (Newlat) intends to acquire the entire Princes Group (Group) from Mitsubishi Corporation, encompassing all current operations and brands[Read More…]
High Liner Foods invests $10m in Andfjord Salmon Group
High Liner Foods will receive an approximately 4.5 per cent share ownership in Andfjord High Liner Foods Incorporated, a leading North American value-added frozen seafood company, announced it has committed to making a $10.0 million investment in Andfjord Salmon Group AS (Andfjord), a market leader in sustainable and fish-friendly salmon aquaculture, located on[Read More…]