(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
(IN BRIEF) Symrise has completed the expansion of its food and beverage (F&B) powder blending facility in Jinqiao, Shanghai, marking a significant step in enhancing its production capabilities and operational efficiency. The new state-of-the-art blender in the seasoning plant increases … Read the full press release
Posted in Business, Chemicals, Food & Beverage, Germany, Industrial, Investment
Tagged blender installation, Chinese market, F&B powder blending, food and beverage industry, Global President F&B, high-quality products, INNOVATION, Jinqiao, Kapil Sethia, manufacturing capabilities, Operational Efficiency, Operational Excellence, production capacity, Robert Marti, seasoning plant, Shanghai, STRATEGY, Symrise, Walter Ribeiro
(IN BRIEF) The popular Australian cooking show My Kitchen Rules continues to achieve global success, with strong international sales and new adaptations. Distributed by Banijay Rights, the show has secured long-term deals with major networks in countries like New Zealand, … Read the full press release
Posted in Business, Financial, Food & Beverage, France, Government, Industrial, Investment, Management, Media, News
Tagged Australia, Banijay, Cathy Payne, Culinary Scene, leadership, My Kitchen Rules, partnership, Richard Henson
(IN BRIEF) Lindsay Goldberg, a private equity firm specializing in family and founder-led businesses, has acquired a controlling interest in Golden State Foods (GSF), a major supplier in the foodservice and retail industries. The Wetterau family, who have been long-time … Read the full press release
Posted in Agriculture, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Law, Management, News, United Kingdom
Tagged acquisition, BCLP, Financial, Golden State Foods, investment, Lindsay Goldberg, partnership, USA, Wetterau family
(IN BRIEF) Symrise has opened an expanded Sales and R&D hub in Beijing to better serve the growing food and beverage market in Northern China. The 800 sqm facility includes advanced laboratories for beverage, dairy, culinary, and snack applications, designed … Read the full press release
Posted in Business, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Retail, Technology
Tagged Beijing, INNOVATION, Northern China, partnership, R&D Hub, Robert Marti, sustainability, Symrise, Walter Ribeiro
(IN BRIEF) Ahold Delhaize has launched a new app for its Belgian brand, Delhaize, as part of a six-country rollout plan. This app enhances customer experience with an intuitive interface, enriched loyalty features, and improved in-store functionalities. The app, designed … Read the full press release
Posted in Belgium, Business, Environment, Financial, Food & Beverage, Government, Industrial, Internet & Online, Investment, Management, Marketing, Netherlands, News, Retail, Technology
Tagged Ahold Delhaize, Belgium, Delhaize App, digital experience, Europe, Lefteris Geranios, partnership, sustainability
(IN BRIEF) Morrisons has expanded its partnership with Too Good To Go, now offering ‘Surprise Bags’ at over 930 Morrisons Daily convenience stores across the UK. This initiative helps reduce food waste and provides customers with discounted quality food nearing … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has invested up to US$ 90 million (€83 million) in Ulker Biskuvi Sanayi’s first sustainability-linked Eurobond, part of a larger US$ 550 million issuance. This funding will help Ulker, a … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, Turkey, United Kingdom
Tagged EBRD, Erdem Yasar, Eurobond, investment, Mete Buyurgan, partnership, sustainability, Turkey, Ulker Biskuvi Sanayi
(IN BRIEF) Delivery Hero SE has announced the merger of its food delivery businesses, foodora, Yemeksepeti, and foodpanda, to boost operational efficiency and business leverage across Europe and Asia. The new organization, led by Tareq Barto, aims to unlock synergies … Read the full press release
Posted in Business, Economy, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Internet & Online, Investment, Management, Marketing, News, Technology
Tagged acquisition, Asian, Delivery Hero, European, foodora, foodpanda, operations, partnership, sustainability, Tareq Barto, Yemeksepeti
(IN BRIEF) Symrise has launched a Digital Immersion Co-Creation Center in Singapore, starting operations in Q3 2024. This high-tech facility integrates digital technology with market, consumer, and sensory insights to drive innovation in food and beverage development. The center features … Read the full press release
(IN BRIEF) METRO has decided to shut down METRO Advertising GmbH as part of its strategic focus on its sCore wholesale strategy. This decision affects 67 employees in Germany and Poland, with business activities ceasing by the end of 2024. … Read the full press release
Posted in Business, Economy, Financial, Food & Beverage, Germany, Government, Industrial, Investment, Management, Marketing, News, Poland, Technology
Tagged Germany, Guillaume Deruyter, METRO Advertising GmbH, METRO AG, Poland, Wholesale Strategy
(IN BRIEF) Unilever has sold its stake in Qinyuan Group, known for water purification solutions in China, to Yong Chao Venture Capital Co., Ltd. This move is part of Unilever’s Growth Action Plan to focus on higher-growth areas. Eduardo Campanella, … Read the full press release
Posted in Business, Commodities, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, Retail, United Kingdom
Tagged acquisition, CHINA, Eduardo Campanella, Mr. Ye Jianrong, partnership, Qinyuan Group, sustainability, Unilever, Yong Chao Venture Capital Co. Ltd.
(IN BRIEF) TotalEnergies and Casino Group have renewed their 20-year strategic partnership to supply over 1,000 service stations in France, effective October 1, 2024, for five years. The agreement involves Casino providing food products and essential items to TotalEnergies stations, … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) is extending a €435 million credit to Stora Enso to upgrade its Oulu manufacturing site for producing eco-friendly, fiber-based packaging for food and personal care products. This investment aims to reduce plastic reliance … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Food & Beverage, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged EIB, Finland, Kaarlo Höysniemi, Oulu, Packaging Transformation, partnership, Stora Enso, sustainability, Thomas Östros
(IN BRIEF) Sainsbury’s has introduced advanced AI veterinary technology in partnership with Vet Vision AI to enhance dairy cow welfare on its farms. This innovative system uses cameras to monitor cow behavior continuously, providing real-time insights that help identify early … Read the full press release
(IN BRIEF) Carrefour has finalized the acquisition of the Cora and Match banners from the Louis Delhaize group for €1.05 billion, enhancing its foothold in the French food distribution market. The acquisition includes 60 Cora hypermarkets and 115 Match supermarkets, … Read the full press release
(IN BRIEF) FrieslandCampina member dairy farmers have received over 245 million euros in premiums for their sustainability efforts in 2023, marking a significant step towards enhancing sustainability within the dairy industry. Through initiatives like the ‘Foqus planet Sustainable development’ program, … Read the full press release
Posted in Business, Environment, Financial, Food & Beverage, Industrial, Investment, Management, Netherlands, News, Technology
Tagged Cor Hoogeveen, dairy farmers, FrieslandCampina, Mireille Einwachter, sustainability
(IN BRIEF) Grupa Azoty ATT Polymers, BASF, UBE, ENVALIOR, and DOMO Chemicals have come together to establish the Advanced Packaging Association (APA) AISBL, dedicated to promoting sustainability in the flexible packaging value chain through scientific assessment. By championing polyamide-based packaging … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, Non Profit, Poland, Technology
Tagged Advanced Packaging Association (APA), Andrzej Dawidowski, BASF, DOMO Chemicals, ENVALIOR, flexible packaging, Grupa Azoty, Nicola Bucchioni, partnership, Paul Neumann, sustainability, UBE
(IN BRIEF) Valio, a dairy company, has introduced a new biogas-powered milk truck that significantly reduces emissions compared to diesel trucks. This initiative aligns with Valio’s goal of achieving carbon-neutral milk production by 2035. The use of biogas not only … Read the full press release
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