13 July 2014
Lindt close to takeover of Russell Stover Candies
Lindt & Sprüngli is close to acquiring US-based candy, chocolate and confections supplier Russell Stover Candies.
Focus:
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10 July 2014
AAK acquires Colombian vegetable oils firm
Swedish-Danish vegetable oils and fats producer AAK has acquired Colombia’s FANAGRA, which specialises in vegetable oils and fats for the bakery segment.
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10 July 2014
British researchers examine how proteins can replace fats without affecting quality
Researchers from Heriot-Watt University and the University of Edinburgh have created a protein that could closely mimic the behaviour of fats during food manufacture.
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9 July 2014
Cherkizovo JV secures funding for turkey meat production facility
Tambov Turkey, a joint venture (JV) between Russian meat manufacturer Cherkizovo and Spanish turkey meat producer Grupo Fuertes, has secured RUB1.2bn as the first credit tranche of a loan from...
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9 July 2014
Bell & Evans begins construction of $44m processing plant in Fredericksburg
Poultry processing firm Bell & Evans has commenced construction of a new processing and packaging plant in Fredericksburg, Lebanon County, Pennsylvania.
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8 July 2014
CME secures design-build contract for Meijer’s US milk processing facility
US-based CME has secured a design-build contract from Meijer for its new $100m fluid milk processing dairy in Tipp City, Ohio.
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8 July 2014
Sobeys to divest western Canada dairy facilities in $356m deal
Canadian food retailer Sobeys will sell its four dairy manufacturing facilities in western Canada as part of a $356m deal signed with dairy co-operative Agropur.
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7 July 2014
Nestlé develops new modular factory concept to create production sites in developing countries
Switzerland-based food manufacturer Nestlé has created a blueprint for a new type of modular factory that can be constructed in half the time of a traditional one, at up to...
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7 July 2014
ADM buys WILD Flavors for €2.3bn
US-based food processing company Archer-Daniels-Midland (ADM) is acquiring Swiss flavour manufacturer WILD Flavors, in a deal worth around €2.3bn.
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6 July 2014
IBM develops new system to improve food safety
US-based technology firm IBM has developed a new system, which will be used to identify contaminated food sources and accelerate the investigation of food-borne disease outbreaks.