(IN BRIEF) Three Mushketeers, a startup founded by Emmi Korjus, Emma Kynkäniemi, and Ida Nikkilä, is revolutionizing the use of surplus mushrooms by creating a mushroom powder that enhances the taste of vegetarian dishes. The powder, currently in its second … Read the full press release
(IN BRIEF) Ahold Delhaize has disclosed its repurchase of 200,000 common shares between March 25, 2024, and March 28, 2024, at an average price of €27.45 per share, totaling €5.5 million. This buyback is part of the company’s €1 billion … Read the full press release
Posted in Business, Economy, Financial, Food & Beverage, Industrial, Investment, Management, Netherlands, News, Retail
Tagged Ahold Delhaize, Financial, investment, Shares Buyback Program
(IN BRIEF) In the realm of food processing, maintaining food safety and quality is paramount, yet contaminants pose a persistent challenge. Marel’s SensorX, introduced in 2007, has been a game-changer in bone inspection, setting the standard for the poultry industry. … Read the full press release
(IN BRIEF) Poet Yrsa Daley-Ward collaborates with Sainsbury’s and Comic Relief to illuminate the untold struggles of individuals facing food insecurity in the UK. Through “Unspoken Words,” a collection of poems inspired by real-life stories from the Bonny Downs food … Read the full press release
(IN BRIEF) Symrise introduces the latest edition of its proprietary trend tool, Trendscope™ 2024+, aimed at deciphering consumer trends shaping the food and beverage industry. The tool amalgamates qualitative and quantitative research methods to identify key drivers such as naturalness, … Read the full press release
(IN BRIEF) Louis Dreyfus Company B.V. (LDC) has unveiled its inaugural integrated report, presenting a comprehensive overview of its financial performance and sustainability initiatives for the year ended December 31, 2023. Despite challenges posed by geopolitical tensions and climate-related disruptions, … Read the full press release
Posted in Agriculture, Business, Economy, Environment, Financial, Food & Beverage, Industrial, Investment, Management, Netherlands, News
Tagged Financial, Louis Dreyfus Company, Michael Gelchie, sustainability
(IN BRIEF) International technology conglomerate ANDRITZ and NETZSCH-Feinmahltechnik GmbH, a renowned leader in grinding and classifying technologies, have joined forces in a strategic partnership to cater to the burgeoning alternative protein market. This collaboration aims to leverage NETZSCH’s expertise in … Read the full press release
Posted in Austria, Business, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Investment, News, Technology
Tagged Andritz, Christian Kling, Germany, Matthias Kapp, NETZSCH, partnership, Protein Market, sustainability
(IN BRIEF) Maya Kuvakova’s entrepreneurial journey began in a small kitchen in the Kyrgyz Republic, where she crafted dumplings to support her family while on maternity leave. Today, her company, Maminy retsepty, stands as a major producer of semi-finished foods … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, United Kingdom
Tagged Corporation, EBRD, Journey to Success, kitchen, Kyrgyz Republic, Maminy retsepty, Maya Kuvakova, partnership, sustainability
(IN BRIEF) Several supply chain partners have joined forces to introduce new premium snack packaging made with 50% recycled plastic. Launched for PepsiCo’s Sunbites brand in the UK and Ireland, the packaging meets stringent EU regulatory requirements for food contact. … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Ireland, Management, News, United Kingdom
Tagged 50% Recycled Plastic, Amcor, Archana Jagannathan, Gerald Rebitzer, GreenDot, INEOS, Ireland, IRPLAST, Laurent Auguste, partnership, PepsiCo, Rob Ingram, Snack Packaging, Sunbites brand, sustainability, TACOIL™
(IN BRIEF) Burda, a leading media and tech company, collaborates with Klim, an agritech firm, to champion regenerative farming practices aimed at combating climate change and biodiversity loss. Through financial support and expertise provided by Klim’s digital platform, Burda amplifies … Read the full press release
(IN BRIEF) The European Investment Fund (EIF) has announced a €20 million investment under the InvestEU program to support the Blue Revolution Fund, managed by Hatch Blue. This investment aims to boost early-stage aquaculture enterprises, address market deficiencies, and promote … Read the full press release
Posted in Agriculture, Belgium, Environment, European Union, Financial, Food & Beverage, Industrial, Investment, Luxembourg, Technology
Tagged alternative seafood protein solutions, aquaculture, aquaculture enterprises, Blue Revolution Fund, BlueInvest, clean technologies, Climate, climate change, EIB, EIF, environmental impact, environmental solutions, European Investment Fund, European Maritime Fisheries and Aquaculture Fund, European Union, finfish, Georg Baunach, Green Deal, Hatch Blue, INNOVATION, InvestEU, InvestEU Blue economy Fund, marine ecosystem, Marjut Falkstedt, restoring ocean ecosystems, seaweed, shellfish, sustainability, sustainable aquaculture, sustainable aquaculture farming, The European Investment Fund, The Nature Conservancy, Virginijus Sinkevičius
(IN BRIEF) Unilever has announced the appointment of Heiko Schipper as President of the Nutrition Business Group, effective May 1, 2024. Heiko, currently serving as President of Bayer Consumer Health, brings extensive experience and a successful track record in the … Read the full press release
Posted in Business, Commodities, Food & Beverage, Industrial, Management, News, United Kingdom
Tagged appointment, Heiko Schipper, Hein Schumacher, leadership, Nutrition Business Group, President, Unilever
(IN BRIEF) Ahold Delhaize unveils its 2023 Annual Report, highlighting its financial and non-financial performance amidst challenging circumstances. The report underscores the company’s dedication to creating value for customers and communities while advancing towards a healthier and sustainable food system. … Read the full press release
Posted in Business, Commodities, Economy, Environment, Financial, Food & Beverage, Industrial, Investment, Management, Netherlands, News, Retail
Tagged 2023 Annual Report, Ahold Delhaize, Commitment, Financial, Frans Muller, investment, resilience, sustainability
(IN BRIEF) At Mobile World Congress (MWC) 2024, Telefónica announced a strategic partnership with the Fini Company, Spain and Brazil’s leading candy manufacturer, aiming to revolutionize their operations through digitalization over the next three years. Dubbed ‘Fini360º Digitization,’ the project … Read the full press release
Posted in Business, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, Media, News, Spain, Technology, Telecom
Tagged Brazil, digital transformation, Fini Company, Javier Vizcaíno, Manuel Sánchez Cobián, MWC 2024, partnership, Spain, sustainability, Telefonica
(IN BRIEF) Sainsbury’s, the UK’s largest supermarket chain, has introduced a dedicated ‘Best of British’ page on its groceries website, showcasing over 450 100% British-sourced grocery items. This initiative aims to make it easier for customers to find and purchase … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced a €6 million loan agreement with KAM, a leading food retailer in North Macedonia, aimed at supporting the company’s expansion plans and green initiatives. KAM intends to utilize … Read the full press release
Posted in Banks, Business, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, Retail, United Kingdom
Tagged EBRD, KAM, NORTH MACEDONIA, partnership, sustainability
(IN BRIEF) Nestlé has announced its proposal of Geraldine Matchett, former Co-Chief Executive Officer and CFO of DSM-Firmenich AG, for election to its Board of Directors at the upcoming Annual General Meeting on April 18, 2024. This move comes as … Read the full press release
Posted in Business, Commodities, Food & Beverage, Industrial, Management, News, Switzerland
Tagged appointment, Board of Directors, Geraldine Matchett, Henri de Castries, Kimberly A. Ross, leadership, Nestlé, Paul Bulcke
(IN BRIEF) In celebration of World Pulse Day on February 10th, Professor Eric Holub of the University of Warwick introduces new varieties of UK Registered beans (URBeans) aimed at diversifying British cuisine with locally grown ingredients. Named after iconic figures … Read the full press release
Posted in Agriculture, Business, Education, Environment, Food & Beverage, Industrial, Management, Media, News, Science, Technology, United Kingdom
Tagged "Capulet Bean", "Godiva Bean", Charlie Demetriou, Professor Eric Holub, sustainability, UK, University of Warwick, URBeans, Varieties, World Pulse Day
(IN BRIEF) Unilever has announced its financial results for the full year 2023, revealing an underlying sales growth of 7.0% driven by positive volumes. Despite challenges such as adverse currency impacts and net disposals, the company achieved a turnover of … Read the full press release
(IN BRIEF) International technology group ANDRITZ is set to showcase its extensive array of solutions for dewatering, drying, and automation in the food industry at Anuga FoodTec 2024 in Cologne, Germany. One of the highlights includes their groundbreaking Turbex extraction … Read the full press release
Posted in Austria, Business, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Investment, Management, Media, News, Technology
Tagged Andritz, Anuga FoodTec 2024, automation, Cologne, dewatering, drying, extraction system, food industry, Germany, Innovation Center
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