3i Group (3i) has agreed to invest approximately €250m (£183m) in Weener Plastic Packaging Group (WPPG), after former shareholder, private equity firm Lindsay Goldberg Vogel sold its stake.
The Real Good Food Company will focus on growth, partly through acquisitions, following the sale of its sugar subsidiary Napier Brown business, according to boss Pieter Totté.
United Biscuits (UB) will boost its overall output by pumping millions of pounds into its UK manufacturing facilities, following an initial £50M investment at its Harlesden site.
Recent acquisitions to diversify Post Holdings’ portfolio are paying off more quickly than anticipated, prompting the cereal giant to raise its full year guidance despite a larger than expected negative impact from a supplier that tested positive for...
From purchasing a $20m triplex laminator and rotogravure press to building a composite can facility in Malaysia and opening an Innovative Packaging Solutions (IPS) R&D centre, Sonoco shared details about its upcoming projects with shareholders at...
Heat and Control plans to open a large-scale manufacturing facility in India to serve a rapidly growing snacks market and bolster business in the country, its sales head says.
While ‘legacy’ food and beverage brands are laser focused on price, promotion and placement, no amount of financial clout or merchandising wizardry can mask the fact that smaller, sexier, more disruptive, brands are outpacing them. But are CPG’s biggest...
Seabrook Crisps could “investigate areas for potential investment” to speed up growth after appointing independent corporate finance advisor McQueen, according to ceo Jonathan Bye.
PCI Films Consulting (PCI) claims too many companies are investing in BOPP film in an already over-supplied European market, as it releases a report analysing 15 flexible packaging markets.
Bemis Company’s latest report to investors indicates an upbeat outlook and a plan for growth, but market analysts are projecting tough times for the packaging supplier and giving its stock a “sell” rating.
Simionato is celebrating after achieving double sales figures since it was acquired by HayssenSandiacre, part of Barry-Wehmiller Company in 2011, its 50th anniversary last year and its first imPACKED show in Italy last week.
PepsiCo chairman Indra Nooyi has pledged to double the company’s investment in its Indian food processing operation to add to the sizeable sums it has already spent in the country.
Ingredients firm Orchard Valley Foods is targeting sales of £30M following its acquisition of Food Ingredients International (FII), an increase of almost a third on projected figures for this year.
Electric injection moulding machines can combat rising energy costs for packaging manufacturers, but Europe lags behind countries such as Japan, according to Sumitomo (SHI) Demag.
Cupcakes to flapjacks firm Fabulous Bakin’ Boys (FBB) fell into administration after overspending on equipment and taking its eye off brand investment, according to new md Richard Cooper.
Taghleef Industries (Ti) has upgraded a production line in Hungary that will start up at the beginning of June to boost its 5-layer capacity in Europe.
Crown to install an additional production line at Vigo
The European Commission has approved Crown Holdings acquisition of Mivisa, in Spain, as long as the company meets certain criteria regarding its competitors.
BASF has signed a contract to divest its liquid masterbatch business in Clermont de l’Oise, France, to Audia International, a global supplier of polyolefins and color masterbatches.
Cake and bread bakery goods manufacturer Finsbury Food Group predicts profit will be in line with market expectations in the first half of its current financial year, ended December 28 2013.
Food and beverage giants like Campbell Soup, Coca-Cola, Danone and Nestle rank in the 2014 list of Global 100 Most Sustainable Corporations in the World.
US-based International Flavors & Fragrances, one of the world’s biggest developers of flavours and fragrances for consumer products, has revealed plans to invest over US$50m in its flavours operations in Jakarta.
Strong global wheat stocks and weaker prices have given bakers breathing space to innovate and manufacturers should continue investing in R&D in 2014 too, a commodities analyst says.
Bright Blue Foods, formerly McCambridge Foods’ cake business, is investing millions in its facilities in Poland and Blackburn, having secured new funding and renamed itself, according to ceo Andrew Johnson.
Investcorp has bought crisp firm Tyrrells today (August 1) for £100M in what represents a rare foray into the food and drink manufacturing sector for the self-styled alternative investment company.
Consumers want the best of everything and the challenge for bakery manufacturers is to address complicated paradoxes, says the head of research and development (R&D) at Puratos.
UK-based Burton’s Biscuit Company claims to be piloting the first real-time control room technology for the biscuit industry as part of major supply chain investments.
CSM has agreed to sell its bakery supplies businesses to private equity firm Rhône Capital for $1.05bn, eight months after its announcement to reposition as a bio-based ingredients firm.
Norway’s US$710bn sovereign investment fund has pulled its investment from 23 Southeast Asian palm oil companies, claiming that they source palm oil unsustainably.
US firm Praxair has launched a system for rapid chilling of cooked and hot diced product, which it claims provides a cleaner cut with less moisture loss.
European food and drink manufacturers are making a "bold gamble" on research and development (R&D) investment in the tough economic climate, according to results from the latest IPA 2012 survey.
Archer Daniels Midland is in talks with Australian commodity giant GrainCorp after putting forward an offer just shy of US$2.8bn (A$2.7bn) for a cash takeover.
Food and nutrition giant Nestlé has reported improved sales in its 9-month results driven by growth in emerging markets, but Q3 was a little slower than last year.
