Investment

CSM will rid its bakery businesses by mid-2013, it was confirmed today

CSM bakery axe confirmed: Aim for mid-2013 divestment

By Kacey Culliney

Ingredients supplier CSM has confirmed its decision to rid its European and US bakery businesses and reposition as a bio-based ingredients company, with plans to divest by the first half of 2013.

Nordson expands presence in flexible packaging market

Nordson expands presence in flexible packaging market

By Joe Whitworth

Nordson Corporation has acquired EDI (Extrusion Die Industries) Holdings for US$200m and described it as a “clear fit with our strategy of acquiring companies that provide differentiated precision technology.”

‘Leased’ takeover makes ILPA self-sufficient in rPET

‘Leased’ takeover makes ILPA self-sufficient in rPET

By Rory Harrington

Food packaging firm ILPA said its ‘leased’ takeover of fellow Italian company AMP Film and Packaging would allow it to become self-sufficient in the production of rPET with an annual capacity of around 10,000 tons.

Huhtamaki targets growth as rigid ops review finalised

Huhtamaki targets growth as rigid ops review finalised

By Rory Harrington

Huhtamaki announced the completion its three-year strategic review of its rigid plastics operations and declared the company is in better financial shape and primed for growth as a result.

Kraft invests in Bournville, defends global split

Kraft invests in Bournville, defends global split

By Ben Bouckley

Kraft has confirmed that it has chosen Cadbury’s site in Bournville as the site of a new chocolate centre to “drive new product development and new technologies” for chocolate brands.

Border Biscuits invests £2.5m in plant

Border Biscuits invests £2.5m in plant

By Ben Bouckley

Border Biscuits is investing a further £2.5 million to increase manufacturing capabilities and plant capacity over the next 18 months as the Scottish biscuit maker targets a 50% turnover increase over the next few years.

RPC posts record profits, tables UK plant closure

RPC posts record profits, tables UK plant closure

By Rory Harrington

RPC Group yesterday posted record year-end results thanks to growth in high end product sales, added revenue from the Superfos takeover and the completion of its wide-ranging efficiency programme.

Allied Bakeries invests in Burgen brand

Allied Bakeries invests in Burgen brand

By Ben Bouckley

Bakery and bakery product supplier Allied Bakeries is investing £200,000 in its healthy bread brand Burgen, following recent category sales growth.

Beverage market to return to 2008 levels in two years - Krones

Beverage market to return to 2008 levels in two years - Krones

By Jane Byrne

Leading beverage filling and packaging technology company Krones reported a number of drink makers signing on the dotted line at German trade show Brau Beviale last week, and we caught up with executive chairman of the board, Volker Kroneseder, to get...