Monthly Archives: August 2019

Ferrero Completes $1.3 Billion Acquisition of Kellogg’s Cookies and Fruit Snacks Businesses

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The Ferrero Group and its related companies (“Ferrero”), announced that it has completed its previously announced acquisition of Kellogg’s cookie, fruit and fruit-flavored snack, ice cream cone and pie crust businesses for $1.3 billion. The acquired brands represent a portion of Kellogg’s North America snacking business. Specifically, it includes select cookies businesses, including brands like Keebler, Mother’s, Famous Amos, Murray’s,… Read more »

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Kraft, Mondelez to pay $16m penalty in wheat price manipulation case

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The US Commodity Futures Trading Commission (CFTC) has announced that American food companies Kraft Heinz and Mondelez International will have to pay $16m as penalty over a wheat manipulation case dating back to 2015. This penalty is allegedly valued to be three times the profit made by the two companies. Mondelez and Kraft Heinz, which operated as Kraft Foods until… Read more »

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Is healthy confectionery a contradiction in terms?

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Growing concern about sugar has led to a slowdown in the global confectionery market, but there are pockets of faster growth, including in functional confectionery, as consumers look for more than a permissible indulgence – a sweet treat that delivers a real health benefit. Consumers have long sought foods and drinks that provide a balance between health and indulgence, but… Read more »

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Simpler, better-for-you, sustainably produced

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Palsgaard showcases powdered whipping-active cake emulsifiers at IBIE Palsgaard will highlight the benefits of its powdered whipping-active cake emulsifiers at the International Baking Industry Expo (IBIE). Many US cake premix manufacturers currently use shortening as a carrier for emulsifiers, while cake gels are a common choice in long-shelf-life cakes. Exhibiting at IBIE, Palsgaard will demonstrate why its range of powdered… Read more »

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ABB Shows ‘Factory of the Future’ at PPMA 2019

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ABB, a technology provider for digital industries, will bring together the elements of a “factory of the future” at PPMA 2019, at the Birmingham NEC, October, 1-3. The company wants to demonstrate how its latest automation and robotics technologies can transform performance in food and beverage manufacturing processes. The stand will feature examples from ABB’s extensive automation and digital portfolio,… Read more »

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Sara Lee selling Tyson Foods’ Frozen Bakery

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Sara Lee® Frozen Bakery is selling Tyson Foods’ Frozen Bakery business to private equity firm Kohlberg & Company. Drawing on its heritage as a bakery and dessert maker, the new Sara Lee® Frozen Bakery will focus on Sara Lee®, Van’s®, Chef Pierre® and Bistro Collection® brands, especially in the fast-growing premium dessert food service market. Sara Lee Frozen Bakery will… Read more »

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Harpak-ULMA Unveils Collaborative Robot Options For Smart, Connected Bakery Packaging Platform

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Harpak-ULMA, the industry leader in complete packaging line solutions for food, medical, bakery, and industrial products, unveiled the newest integration to its smart, connected Bakery packaging solutions: Cobots (Collaborative robots) developed by Universal Robots. Baking producer’s unique automation needs stem from an inherently wide variety of product sizes and forms (raw or baked, wrapped or not) as well as delicate… Read more »

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Confectionery sector gains new setting for Interpack 2020

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Preparations for next year’s major interpack event in Du?sseldorf, Germany are fast gathering pace, with organisers anticipating nearly 3,000 exhibitors from across the packaging sector to participate. The event will offer a prominent showcase for the developments within the confectionery and bakery sectors, which will come under the spotlight in a brand new hall for the trade fair, taking place… Read more »

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Maximising the potential of data analytics and digitalisation

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Keith Thornhill explains why it is important for food and beverage manufacturers to start the Industry 4.0 journey with projects that that would make the biggest difference to productivity and traceability. Some of the key manufacturing challenges being addressed today within the food and beverage production industry are in areas such as supply chain traceability, packaging, intralogistics and energy reduction…. Read more »

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FAO Food Price down slightly in July

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» The FAO Food Price Index* (FFPI) averaged 170.9 points in July 2019, down 1.1 percent (1.8 points) from June but 2.3 percent higher than in July 2018. The month-on-month decline was the result of lower prices for some cereals, dairy products and sugar, which more than offset somewhat firmer prices for meat and oils. » The FAO Cereal Price Index… Read more »

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