To support Faulconer’s promotion, PepsiCo has also made two new General Manager appointments PepsiCo has recently announced that Kyle Faulconer, the current CEO of Australia and New Zealand (ANZ), will now be responsible for IndoChina Foods as well. Faulconer, who moved from the US business to join PepsiCo ANZ as[Read More…]
Country
Netherlands’ Dawn Foods announces acquisition of Royal Steensma
The acquisition includes four manufacturing plants in The Netherlands, a manufacturing facility in Thailand, and continued involvement with the Food Innovation Academy (FIA) education centre in The Netherlands Global bakery manufacturer and ingredients supplier Dawn Foods announced the acquisition of Royal Steensma, a renowned family-owned bakery ingredients manufacturing company headquartered in Leeuwarden, The Netherlands. Royal Steensma has[Read More…]
UK’s Complete Food acquires SK Foods and Zorba Foods
The two food businesses are category leaders in private-label chilled party foods and dips and deli fillings, with a combined turnover of over £160m and over 1,150 employees The Complete Food Group announced that SK and Zorba Foods have been acquired from The Entrepreneurial Food Group. The two food businesses[Read More…]
Coles launches Australia’s first veggie powder range
The company reduces food waste by converting imperfect Aussie vegetables such as broccoli, pumpkin and cauliflower into a powder that can be added to meals such as smoothies, muffins, and pasta sauce Coles has teamed up with vegetable company Nutri V to launch a range of new and innovative vegetable[Read More…]
Nestlé Professional’s Paul Nagelkerken unveils strategy behind new customer engagement centre role in elevating F&B businesses
Exploring Nestlé Professional’s commitment to transformation, sustainability, and innovation with Country Business Manager, Paul Nagelkerken, in conversation with Ankit Kankar of NUFFOODS Spectrum Asia In a dynamic and competitive F&B landscape, innovation and adaptability are paramount for success. Nestlé Professional, a leading provider of food and beverage solutions, has recently[Read More…]
Ingredion completes sale of business in South Korea
The Company will work closely with the Sajo Group to ensure a smooth transition for all stakeholders Ingredion Incorporated, a leading global provider of ingredient solutions to the food and beverage industry, announced that it has completed the sale of its business in South Korea to an affiliate of the Sajo[Read More…]
Trek One Capital completes acquisition of Alter Eco Foods
Alter Eco is a leading manufacturer of premium organic dark chocolate bars, truffles, granola and quinoa and markets its products in the U.S., Canada, Australia and New Zealand Trek One Capital announces the acquisition of Alter Eco Foods. Alter Eco is a leading manufacturer of premium organic dark chocolate bars, truffles, granola and quinoa[Read More…]
Singapore’s Hettigoda Industries Siddhalepa Liv-Pro wins International Innovational award
Hettigoda Industries’ award-winning innovation Siddhalepa Liv-Pro contains ingredients such as Heen Bovitiya (Osbeckia octandra) Singapore-based Hettigoda Industries Private Limited’s Siddhalepa Liv-Pro, an Ayurvedic food supplement formulated with herbs, garnered acclaim at the International Innovational Awards (IIA) 2023 in Taipei, Taiwan. As an integral pillar of the Innovation Revolution movement led by[Read More…]
Cadbury Australia announces to reduce use of virgin plastic packaging
The rollout of recycled material is expected to begin in Q1 of 2024 with blocks, then expanding into bar lines such as Cherry Ripe, Crunchie, and Twirl, as well as pieces of wrappers for Roses and Favourites Australian food and beverage brand Cadbury has partnered with global packaging leader Amcor[Read More…]
Krones to expand portfolio into injection moulding with acquisition of Netstal
The final signing of the transaction is scheduled for the beginning of February 2024 Krones is close to signing an agreement regarding the acquisition of 100 per cent of Netstal Maschinen AG (Netstal) from KraussMaffei. Based in Naefels, Switzerland, Netstal is a leading supplier of injection moulding machines to the[Read More…]