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…]
Tag: Spain
Refresco acquires Frías, enhancing plant-based beverage portfolio
This acquisition complements Refresco’s existing operations in Spain and significantly expands its capabilities in the plant-based drinks sector Refresco, the global independent beverage solutions provider for retailers and global, national, and emerging (GNE) brands in Europe, North America, and Australia, announces the successful closing of its acquisition of Frías Nutrición[Read More…]
Tetra Pak and Lactalis unveil carton package made from recycled polymers
This industry-first initiative contributes to material circularity, reducing reliance on virgin, fossil-based material and helping to shift away from finite resources Tetra Pak and Lactalis have unveiled a carton package that uses certified recycled polymers linked to used beverage cartons, marking a first for the beverage carton industry and a[Read More…]
Maypro Group receives investment from Japan’s Itochu Corporation
As part of their strategic partnership, ITOCHU acquired a 25 per cent stake in Maypro Maypro Group has announced its partnership with Japan-based ITOCHU Corporation, one of Japan’s 5 largest companies by revenue with annual sales of over $95 billion, offices in over 60 countries, and more than 200 operating companies worldwide. As part of their strategic[Read More…]
Musim Mas signs sustainability-linked loan with Rabobank and HSBC Bank
The Sustainability-Linked Loan will be based on three KPIs: RSPO certification of independent smallholders, training of independent smallholders, and maintaining a deforestation-free palm oil supply chain Musim Mas announced its inaugural Sustainability-Linked Revolving Credit Facility, marking a significant step in its commitment to sustainable business practices. Partnering with Rabobank as[Read More…]
China to investigate 3 EU pork processors’ alleged dumping practices
All three companies selected for investigation are among the largest pork processors in Europe China will be conducting detailed examinations of three major European pork processors as part of its recently announced investigation into alleged “dumping practices of pig products” on the Chinese market. The companies being investigated are Danish[Read More…]
Refresco acquires Frías Spanish manufacturer of plant-based drinks
Frías produces private-label plant-based drinks, including almond, rice, hazelnut, and soy drinks, for key Spanish retailers and beyond Refresco, the global independent beverage solutions provider for retailers and global, national, and emerging (GNE) brands in Europe, North America, and Australia, announces it has agreed to acquire Frías Nutrición (Frías) from[Read More…]
Pernod Ricard to sell international strategic wine brand to Australian Wine Holdco
Pernod Ricard will sell its wine division to a player of global scale, with a route to market solely dedicated to the wine industry Pernod Ricard (Paris: RI) announced the signing of an agreement to sell its international strategic wine brands to Australian Wine Holdco Limited (AWL), a consortium of[Read More…]
China to host International Wine Expo in August
More than 60 wineries and exhibitors from countries including France, Australia, Italy, Spain and Chile will attend the three-day expo The Fourth China (Ningxia) International Wine Culture and Tourism Expo will be hosted by the regional government from Aug. 9 to 11 in Yinchuan, Ningxia’s capital. The expo, with the[Read More…]
Spanish Idilia Foods acquires 50% shares of Cacaolat
The operation will allow joint management of reference brands such as Cacaolat, Laccao, ColaCao Energy, ColaCao Shake and Okey, consolidating the solid position of both companies in the dairy shake market Idilia Foods and Damm have announced an agreement to acquire 50 per cent of Cacaolat Idilia Foods. This move[Read More…]
