North America

Japanese snack giant Calbee has reported a slump in profits. Pic: ©GettyImages/switchpipipi/Bellisimo

Has Calbee’s profit slump put PepsiCo partnership in balance?

By Gill Hyslop

Japanese snack giant Calbee posted a profit decline for its third quarter results for fiscal year ending March 31, 2018 due to sharp slowdown in North America, possibly putting its business partnership with PepsiCo on the line.

©iStock/marilyna

Napasol AG acquires licensee Napasol North America

Napasol to start 3 projects in walnut industry

By Joseph James Whitworth

Switzerland-based Napasol AG has acquired its licensee Napasol North America (NNA) which commercializes pasteurization equipment to the nut, seeds, herbs and spices industry.