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Devenish Nutrition receives 118M euros funding

Devenish Nutrition receives 118M euros funding

Belfast-based agri-food business Devenish Nutrition has received €118 million in long-term funding from the European Union (EU), which will be used to enhance the company’s R&D capabilities.   The refinancing deal includes a €40 million

Global
Amcor to buy plastic packaging firm Bemis for $6.8B

Amcor to buy plastic packaging firm Bemis for $6.8B

Packaging company Amcor has announced a deal to acquire Bemis, a US-based manufacturer of flexible and rigid plastic packaging, for $6.8 billion.   According to both companies, a merger would create a plastic packaging giant

Global
Guenther acquires Cookietree Bakeries

Guenther acquires Cookietree Bakeries

C.H. Guenther & Son has acquired Cookietree Bakeries, producer of premium thaw-and-serve cookies, bake-and-serve cookie dough, brownies and scones. Financial terms of the transaction were not disclosed.   Founded in 1981 by Greg Schenck, Cookietree

Global
AuMake ,Pure Nutrition to develop A1 & A2 milk powder formula

AuMake ,Pure Nutrition to develop A1 & A2 milk powder formula

AuMake International has signed a supply agreement with Pure Nutrition to develop a brand of “A1 and A2” milk powder formula products, best known for their beta-casein protein content.   The pricing and exact deal

Global
Intertek to acquire food industry workforce training provider

Intertek to acquire food industry workforce training provider

Intertek Group P.L.C., a total quality assurance provider to a range of industries, has entered into an agreement to acquire Alchemy Investment Holdings, Inc., provider of frontline workforce training and communications, from The Riverside Co.

Global
Ghana’s Prof Suggests Usage of GM Crops to Tackle Fall Armyworms

Ghana’s Prof Suggests Usage of GM Crops to Tackle Fall Armyworms

Director of Biotechnology and Nuclear Agricultural Research Institution, Professor Kenneth Ellis Danso, has suggested that Ghana may have to start looking at using genetic modifications in crops to address the devastation caused by fall armyworms.

Global
Herbalife launches Protein Bar for long-lasting energy

Herbalife launches Protein Bar for long-lasting energy

Herbalife Nutrition has announced the launch of the Herbalife24 Achieve Protein Bar, the Company’s first protein bar to offer 20 grams of high-quality whey and milk protein, made with whole food derived ingredients. This new

Global
PepsiCo plans $100M investment for Shanghai factory

PepsiCo plans $100M investment for Shanghai factory

PepsiCo is planning to invest $100 million to expand and renovate a food factory in Shanghai.   The company will add a new production line and introduce advanced packaging and warehousing technology at the Songjiang

Global
AgroFresh launches FreshCloud platform

AgroFresh launches FreshCloud platform

AgroFresh Solutions, Inc., a global leader in produce freshness solutions, has announced the official launch of its FreshCloud platform, a data-backed, insights-driven solution for monitoring produce quality through the supply chain. With a decades-long history

Global
Amaro Montenegro gets second consecutive Gold Medal at IWSC

Amaro Montenegro gets second consecutive Gold Medal at IWSC

Amaro Montenegro was once again honored with a Gold medal in the Bitters category at the 2018 International Wine & Spirits Competition (IWSC), which sets worldwide benchmarks for quality and excellence in wines, spirits and