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Kraft Heinz to purchase Assan Foods for $100M

Kraft Heinz to purchase Assan Foods for $100M

The acquisition aligns with Kraft Heinz’s international growth strategy focused on taste elevation and foodserviceThe Kraft Heinz Company (KHC) has recently announced that it has reached an agreement to purchase Assan Foods from privately held

Global
PepsiCo invests $200M in Texas site to create more jobs

PepsiCo invests $200M in Texas site to create more jobs

The investment will add two manufacturing lines for Funyuns and tortilla chipsFrito-Lay, a division of PepsiCo and leading snack manufacturer, along with Fort Bend County, has announced a $200 million investment at its Rosenberg, Texas, site. The investment will

Global
American food firm JBS pays $11M in ransom against cyberattack

American food firm JBS pays $11M in ransom against cyberattack

The FBI stated this is one of the most specialized and sophisticated cybercriminal groups in the worldJBS USA confirmed that it paid the equivalent of $11 million in ransom in response to the criminal hack

Global
RDIF, LLBG announce joint investments in Russian food production industry

RDIF, LLBG announce joint investments in Russian food production industry

The partnership will significantly increase the scale of La Lorraine’s operations and localise the production.The Russian Direct Investment Fund (RDIF), Russia’s sovereign wealth fund, and Belgium’s La Lorraine Bakery Group (LLBG), one of the leading

Global
GAIN and WWF partner to improve food systems

GAIN and WWF partner to improve food systems

The two organisations will jointly deliver projects and mobilise resources, while staff exchanges are anticipatedThe World Wide Fund for Nature (WWF), one of the world’s largest conservation organisations, and the Global Alliance for Improved Nutrition (GAIN),

Global
Kerry opens world-class taste facility in Mexico

Kerry opens world-class taste facility in Mexico

The new state-of-the-art facility will significantly increase Kerry’s capacity in the region and further support customers in delivering local and sustainable taste solutionsKerry, the world’s leading taste and nutrition company has announced the opening of

Global
US FDA focuses on affordable traceability tools to ensure food safety

US FDA focuses on affordable traceability tools to ensure food safety

Affordability can be a barrier to the adoption of tech-enabled traceability systems, especially for smaller companiesThe US Food and Drug Administration has recently launched a challenge to spur the development of affordable, tech-enabled traceability tools

Global
Ferrero buys Burton’s biscuit company

Ferrero buys Burton’s biscuit company

As part of the transaction, CTH will take over the six production facilities in United KingdomCTH, a Belgian Holding Company related to the Ferrero Group, has entered into a definitive agreement to acquire Burton’s Biscuit Company

Global
Volpak upgrades SC+ machine for food packaging

Volpak upgrades SC+ machine for food packaging

The latest version of the machine has been designed for preformed pouches and features a high level of automation, ensuring the production of the best quality packagingVolpak, a Coesia company specialised in the manufacturing of

Global
Mondelēz International to acquire Europe-based snack player Chipita

Mondelēz International to acquire Europe-based snack player Chipita

The acquisition will enable the Mondelēz International business to offer a broad bakery portfolioMondelēz International has announced an agreement to acquire Chipita, a high-growth key player in the Central and Eastern European croissants and baked