Bunzl cashes in on outsourcing
Bunzl, supplier of food packaging and carrier bags, reported increased interim profits as it continues to benefit from the trend in outsourcing.
Archives for August 29, 2002
Danisco expands in Asia
Danish food giant Danisco has confirmed the acquisition of flavours company Perlarom, as it expands into the Southeast Asia flavours market, according to a report from Dairy International.
Ball to acquire Schmalbach-Lubeca
Ball Corporation has agreed to acquire Schmalbach-Lubeca, the second largest beverage can manufacturer in Europe. Combined, the two companies produce more than 45 billion beverage cans annually in North America and Europe.
Beverage division boosts Rexam
Price recovery in the US beverage can market and increased beverage can volumes in Europe helped Rexam, the consumer packaging group, report a 30 per cent rise in underlying profits for the first six months of the year.
Glanbia closure leads to losses
Glanbia, the Irish dairy food producer, has reported a €40 million loss for the first half of the year in the wake of a €75 million restructuring charge relating to the closure of its UK consumer meats division.
India strives to popularise hygienic packaging
As part of its business development strategy in India, the paperboards division of ITC has taken the initiative to create an awareness among domestic consumers to safely package food products from indigenous sources.