Nestle R&D Centre Singapore is committed to cutting down the sugar and salt content in its products by 2020. The food and beverage company is looking at reducing the sugar content by five per cent and salt by 10 per cent within the next three years. Nestle R&D Centre Singapore managing director Dr Tan Sze said Nestle made the commitment… Read more »
CSM Bakery Solutions, a global leader in bakery ingredients, products and services, and 3D Systems Corporation (NYSE: DDD), the originator of 3D printing and solutions, today announced they reached an agreement to collaborate in the development, sale, and distribution of 3D printers, products and materials for the food industry. The global agreement allows the two industry leaders to join forces… Read more »
Confectionery, food, and beverage firm Mondelez International is switching its Triscuit cracker brand to the Non-GMO Verified certification in the US. The company said consumer demand had prompted the move, citing data from market researchers The Hartman Group from this year, which demonstrated that more than half of Americans are looking for non-GMO food and beverages. Mondelez has co-operated with… Read more »
Unilever has agreed to acquire Australian ice cream business Weis – the maker of the iconic Fruito Bar – for an undisclosed sum. The deal sees Unilever continue to develop its ice cream range around the world, with Weis joining other Unilever brands such as Grom, Ben & Jerry’s and Talenti, which Unilever acquired in December 2014. Unilever Australia & New… Read more »
Italian mineral water company adds super-premium, bean-to-bar chocolatier to its portfolio.
The Latino Food Industry Association (LFIA) will announce this Thursday in Los Angeles, California, its official launch with the intent of providing advocacy, training, networking and other support for all Hispanic-owned businesses across all sectors in the food industry. Thanks to shifting U.S. demographics that are skewing heavily Latino, there are now more opportunities for Hispanic entrepreneurs and business owners… Read more »
Mexico’s Giant Bread Maker Bimbo To Purchase U.S. East Balt Bakeries For $650 million
Europastry has reached an agreement to acquire 60% of the Galician group Ingapan, a transaction that confirms the good distribution relationships both companies have maintained in recent years.
The Spanish food and drinks industry had its best ever year in 2016, breaking production, export and employment records. Figures released this week by the Spanish Federation of Food and Beverage Industries (FIAB) reveal the growing popularity of the country’s exports, up by 8.4% year-on-year. The food and drinks industry now represents 11% of the country’s total goods exports, with… Read more »
The Middleby Corp. announced the acquisition of the Sweden-based Sveba Dahlen Group. Comprised of Sveba Dahlen, Glimek and Bear Varimixer brands, the Sveba Dahlen Group produces equipment for the food service and industrial baking industries. The group generates approximately $60 million in annual sales.