"We delivered another quarter of strong results as we continue to successfully navigate a volatile environment," said Kraft Heinz CEO and Chair of the Board Miguel Patricio. "We are driving net sales growth across both North America and International segments, fueled by each of our three pillars of growth:...
The shared vision of the strongly growing and changing (inter)national dairy market is the reason for a more intensive collaboration, involving a participation of 50 percent in the Amalthea group by Ausnutria B.V. This will allow the companies to bundle their innovative strengths, Amalthea...
“As one of the world's leading snack companies, continuing to get our most important ingredients right, like cocoa, is a priority and Cocoa Life is at the heart of this strategy,” said Dirk Van de Put, Chairman and CEO. Mondelēz International. “While we are...
Expanding its fields of activity, Ak Gıda-İçim; After getting approval for labneh and fresh cheese export to the European Union, it made its first export to the European Union. The labneh and fresh cheese varieties of Président, Europe’s number one cheese brand, were produced...
YOUVIT, an Indonesia-based new generation vitamin brand, announced that it has raised $6 million in a growth funding round. Unilever Ventures is the lead investor of its latest Series B funding round, along with participation from existing investor DSG Consumer Partners and several other...
From single machines to integrated systems, the product portfolio includes equipment for process and automation technology as well as for primary and secondary packaging. Large well-known companies from the pharmaceutical, food and confectionery industries appreciate the reliability of DIENST machines. Since the end of...
CNBC - Inflation is expected to keep raising Coke’s expenses in 2023, and executives signalled that more price hikes could be on the way over the next 12 months. Foreign currency is also projected to weigh on Coke’s earnings and revenue next year. However,...
SIGNATURE EVO, which will be one of the highlights of the Gulfood Manufacturing 2022 trade fair taking place from 8 to 10 November at Dubai World Trade Centre, represents one of the most sustainable solutions in aseptic packaging. SIGNATURE EVO extends SIG’s lower-carbon packaging...
Starbucks and Nestlé announced that Nestlé plans to acquire Seattle’s Best Coffee brand from Starbucks. This transaction is part of Nestlé’s focus on driving sustained profitable growth in the coffee category. It strengthens the Global Coffee Alliance by allowing both companies to focus on their...
Mosa Meat, a leader in the cultivated meat space that grows beef directly from animal cells, and unveiled the first cultivated hamburger in 2013, has announced the next step in the scale up of the company’s cultivated beef production facilities. A new industrial production...
Traditionally, integrating these processes require users to stitch together three or four vendors' products in a less-than-optimal approach that adds integration cost, solution complexity, and time-to-commissioning risk. Achieving high speed throughput requires Producers to solve the complicated process of synchronizing automation processes across these...
