(IN BRIEF) GEA has introduced its CONTA dual block valve technology, designed to improve safety and efficiency in spray drying processes for the food and dairy industries. The new system reduces areas where feed can accumulate by 96%, lowering microbiological … Read the full press release
(IN BRIEF) NIB and Kesko have signed a €150 million, 7-year sustainability-linked loan aimed at reducing Kesko’s greenhouse gas emissions and food waste. The loan’s interest rate is tied to Kesko’s progress on three key performance indicators: a 90% reduction … Read the full press release
Posted in Business, Environment, Financial, Finland, Food & Beverage, Government, Industrial, Investment, Management, News, Retail
Tagged André Küüsvek, Anu Hämäläinen, food waste, Kesko, NIB, partnership, sustainability
(IN BRIEF) Symrise AG has appointed Walter Ribeiro to its Executive Board, where he will lead the Taste, Nutrition & Health segment starting September 15, 2024. Ribeiro, a long-time Symrise executive, has been instrumental in the company’s growth in the … Read the full press release
Posted in Business, Food & Beverage, Germany, Industrial, Management, News
Tagged appointment, Dr Jörn Andreas, Dr. Jean-Yves Parisot, Executive Board, leadership, Michael König, Symrise, Walter Ribeiro
(IN BRIEF) Danish foodtech start-up MATR Foods has received a €20 million loan from the European Investment Bank (EIB) to expand its production of plant-based meat alternatives. Backed by the European Commission’s InvestEU initiative, the funding will help MATR build … Read the full press release
Posted in Banks, Business, Denmark, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged Denmark, EIB, Ioannis Tsakiris, MATR Foods, partnership, Plant-Based Meat Production, Randi Wahlsten, sustainability
(IN BRIEF) The 2024 recycling standards from the Central Agency Packaging Register (ZSVR) now recognize polyethylene (PE), polyamide (PA), and ethylene-vinyl alcohol copolymer (EVOH) high-barrier films as recyclable, thanks to research by BASF and the cyclos-HTP Institute. These films, commonly … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Food & Beverage, Germany, Industrial, Investment, Management, News
Tagged 2024 Standards, BASF, Packaging Films, Polyamide-Based, recyclability, Simone Schillo
(IN BRIEF) Sainsbury’s has partnered with SAP, Accenture, and AWS to modernize its commercial systems as part of its “Next Level Sainsbury’s” strategy. The project will enhance agility, reduce technology costs, and simplify internal systems by moving to cloud-based solutions. … Read the full press release
Posted in Business, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, Retail, Technology, United Kingdom
Tagged Accenture, aws, customer experience, Modernize Commercial Systems, partnership, Sainsbury, SAP
(IN BRIEF) Ahold Delhaize repurchased 250,000 shares between September 2 and September 6, 2024, at an average price of €31.22 per share, totaling €7.8 million. This is part of the company’s €1 billion share buyback program, which has repurchased a … 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) The European Bank for Reconstruction and Development (EBRD) has extended its first sustainability-linked loan in Mongolia, providing US$ 51.7 million to MCS Coca-Cola, the country’s leading soft drink producer and distributor. This loan, supported by the FINTECC program … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged EBRD, MCS Coca-Cola, Mongolia, partnership, sustainability
(IN BRIEF) La Banque Atlantique, en collaboration avec la BEI et l’UE, a lancé un financement de 13 milliards de francs CFA (environ 20 millions d’euros) pour soutenir des entreprises sénégalaises dans les secteurs informatique, agroalimentaire et santé. Cette initiative … Read the full press release
(IN BRIEF) Logicor has announced the first major tenant for its new development in Příšovice: Plzeňský Prazdroj, the Czech Republic’s largest beer producer. The company has leased 7,500 square meters at the facility, which will serve as its regional distribution … Read the full press release
Posted in Business, Czech Republic, Environment, Financial, Food & Beverage, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged Alžběta Pastrnková, Czech Republic, Logicor, partnership, Plzeňský Prazdroj, Příšovice Logistics Hub, sustainability, tenant
(IN BRIEF) Symrise has launched a sustainable sourcing initiative to ensure the long-term availability of natural ingredients for the food and beverage industry. In response to climate change, geopolitical challenges, and increasing demand for eco-friendly products, Symrise has implemented a … Read the full press release
Posted in Agriculture, Business, Environment, Financial, Food & Beverage, Germany, Industrial, Investment, Management, News, Technology
Tagged innovative, Natural Ingredients, sustainability, Symrise
(IN BRIEF) METRO has expanded its food service distribution (FSD) business in the UK by acquiring Caterite Food & Wineservice, a specialist in food delivery to the HoReCa sector in the Lake District and northern regions of the UK. This … Read the full press release
Posted in Business, Food & Beverage, Germany, Investment, Retail
Tagged acquisition, Caterite Food & Wineservice, Classic Fine Foods UK, England, expansion, food service distribution, fresh produce, FSD, growth strategy, Guillaume Deruyter, HoReCa, Hospitality, independent customers, integration, Lake District, logistics, Metro, METRO acquisitions, METRO AG, METRO GROUP, premium customers, Scotland, supply chain, synergies, UK, UK market, Wales
(IN BRIEF) Sainsbury’s has launched the Sainsbury’s Egg Group, an industry-first initiative designed to support over 100 UK egg farmers by ensuring financial stability, promoting sustainable practices, and improving animal welfare. The group will guarantee that farmers receive at least … Read the full press release
Posted in Agriculture, Business, Environment, Financial, Food & Beverage, Industrial, Investment, Management, News, Non Profit, Retail, United Kingdom
Tagged Egg Farmer Group, Gavin Hodgson, Gillian Potter, Sainsbury, sustainability
(IN BRIEF) Barry Callebaut Group has appointed Natasha Chen as the new President of its North America division, effective September 16, 2024. She will oversee operations in the U.S., Mexico, and Canada, reporting directly to CEO Peter Feld. Chen, who … Read the full press release
Posted in Business, Food & Beverage, Industrial, Management, News, Retail, Switzerland
Tagged appointment, Barry Callebaut, Ben De Schryver, leadership, Natasha Chen, North America President, Peter Feld
(IN BRIEF) Austrian retailer BILLA provided free packed lunches to 44 Ukrainian children from Kharkiv and Odessa during their holiday in Austria, organized by Österreichische Kinderfreunde in collaboration with the Ukrainian Embassy. The children, who spent time in Carinthia and … Read the full press release
Posted in Austria, Business, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, Retail, Ukraine
Tagged Austria, BILLA, Daniela Gruber-Pruner, Free Meals, Ludmil Krastev, partnership, retail, REWE International, sustainablity, Ukrainian children
(IN BRIEF) Ahold Delhaize has repurchased 250,000 common shares for €7.5 million as part of its ongoing €1 billion share buyback program. This brings the total repurchased shares to 25.7 million, with a cumulative spend of €720.5 million. The buyback … 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) Marel has unified its Retail and Food Service Solutions (RFS) and Fish divisions under the leadership of Jesper Hjortshoj to streamline operations and enhance customer value. Jesper, who has been with Marel for 18 years, will also continue … Read the full press release
Posted in Business, Food & Beverage, Iceland, Industrial, Management, News, Retail
Tagged appointment, Arni Sigurdsson, Fish Divisions, Food Service Solutions, Jesper Hjortshoj, leadership, Marel, Olafur Sigurdarson, retail
(IN BRIEF) Nestlé has announced a significant leadership change with the appointment of Laurent Freixe as the new CEO, effective September 1, 2024. Freixe, who has been with Nestlé since 1986 and currently serves as Executive Vice President and CEO … Read the full press release
Posted in Business, Commodities, Food & Beverage, Industrial, Management, News, Switzerland
Tagged appointment, CEO, Laurent Freixe, leadership, Mark Schneider, Nestlé, Paul Bulcke
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), along with private equity firms CEECAT Capital and Morphosis Capital, has made a significant investment in the Romanian discount food retailer La Cocos. The €10 million equity investment will help … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, Retail, Romania, United Kingdom
Tagged CEECAT Capital, EBRD, expansion, investment, Iulian Nica, La Cocos, Morphosis Capital, partnership, retail, Romania, sustainability
(IN BRIEF) The Humber ports, including Grimsby, Immingham, and Hull, have solidified their position as the UK’s leading hub for seafood imports, handling 41.6% of the nation’s fish imports and showing a 10.5% growth year-on-year. Grimsby remains central to the … Read the full press release
Posted in Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Infrastructure & Utilities, International Trade, Investment, Management, News, Transportation & Logistics, United Kingdom
Tagged ABP, Grimsby, Hull, Humber ports, Immingham, leadership, partnership, Seafood Imports, Simon Bird, Simon Dwyer, sustainability, UK
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