The loan will enable Araz to expand its dry warehouse and open new stores in and around Baku, including in underserved areas The Asian Development Bank (ADB) and Araz Supermarket LLC, a member of the Veyseloglu group, have signed a financial package of up to $10.5 million to help the[Read More…]
World News
Krack’d Snacks introduces keto-friendly and vegan delights
Expanding its portfolio, Krack’d Snacks launches guilt-free, sugar-conscious treats tailored to diverse dietary preferences Krack’d Snacks, a leader in the candy industry, is enhancing the world of treats with its commitment to creating low-sugar, nutritious candies that cater to a variety of dietary preferences. Known for their innovation in producing small-batch,[Read More…]
Blue Diamond launches mixed nuts category Almonds and More
Pistachios and cashews join almonds in a new line of flavoured nut blends Blue Diamond, the world’s leading almond marketer and processor, continues to innovate the snack aisle with the introduction of Almonds and More. The new product line fuses Blue Diamond’s signature flavours with popular mixed nut blends, a first[Read More…]
Lakeview Farms expands into yoghurt category
Lakeview acquires the noosa yoghurt brand from Campbell Soup Company Lakeview Farms, a portfolio company of CapVest Partners LLP (CapVest) announced it has entered into a definitive agreement to acquire the noosa yoghurt brand from Campbell Soup Company. noosa is a leading manufacturer and marketer of premium whole-milk, Australian-style yoghurt[Read More…]
Serve Robotics to acquire Autocado robot maker Vebu
The Autocado allows employees to load up to 25 pounds of avocados into the device and walk away to focus on serving customers and preparing other items Serve Robotics, a leading autonomous robotic delivery company announced its agreement to acquire the assets of Vebu Inc. (Vebu), a trailblazer in full-stack[Read More…]
Unhealthy dietary patterns drive $8 trillion in annual hidden costs of global agrifood systems
About 70 per cent of global hidden costs stem from health impacts linked to non-communicable diseases, particularly in more industrialised agrifood systems A refined study by the Food and Agriculture Organization of the United Nations (FAO) involving 156 countries confirms that hidden costs within global agrifood systems amount to approximately[Read More…]
Hershey expands sweets portfolio with acquisition of Sour Strips
The acquisition of Sour Strips expands Hershey’s offerings within our growing sweets portfolio with a product that is beloved by consumers The Hershey Company announced it has acquired Sour Strips, a fast-growing sour candy brand with a powerful social media presence. Sour Strips’ “sour candy that doesn’t suck” enhances Hershey’s presence in the category[Read More…]
Maersk and Danone partner to reduce GHG emissions of seaborne logistics
With the applied version of ECO Delivery Ocean by Danone the GHG emissions are reduced by more than 40 per cent compared to conventional fossil fuels Maersk is partnering with Danone, one of the world’s leading food and beverages companies, to reduce its logistics greenhouse gas (GHG) emissions by using Maersk ECO[Read More…]
GNT expands with clean-label EXBERRY paprika emulsion
EXBERRY Shade Vivid Orange is a water-dispersible colour made from non-GMO paprika GNT has added its first-ever paprika emulsion to the plant-based EXBERRY colour portfolio, enabling manufacturers to achieve clean-label orange shades in various food applications. EXBERRY Shade Vivid Orange is a water-dispersible colour made from non-GMO paprika. It has a high colour[Read More…]
Glanbia divides nutritionals business into two distinct segments
This new structure aims to streamline the business further, enhance focus on end-use markets, and provide greater insight into Glanbia’s value drivers and growth opportunities Glanbia Group has announced its plan to create a new operating model by dividing its GN business into two segments: Health & Nutrition and Dairy[Read More…]
