Billerud makes Finnish paper packaging acquisition, sees tough end to 2011
Billerud has reached a deal to buy the paper packaging operations of Finnish company UPM-Kymmene for €130m (SEK 1.2bn).
Archives for February 2, 2012
Nestle ups stake in Israeli firm Osem with €75m investment
Food giant Nestle has increased its stake in Israel-based food manufacturer OSEM by around 5% in a deal worth €75m (ILS 371.7m).
Bakers on sodium reduction: We can’t afford to make products consumers won’t buy
Reducing sodium is expensive and difficult, and many bakers are beginning to wonder whether it is worth investing millions into reformulating products that consumers do not want to buy, according to the Association of Bakers (ABA).