The Kraft Heinz Company announces a new goal in 2023 to reduce the use of virgin plastic in its global packaging portfolio by 20 percent by 2030 – a critical step in decreasing its use of fossil fuels and finding more sustainable product packaging options....
Campbell Soup Company announced that the companies have entered into an agreement for Campbell to acquire Sovos Brands, Inc. for $23 per share in cash, representing a total enterprise value of approximately $2.7 billion. This represents a 14.6x adjusted EBITDA multiple1 including expected annual run rate...
Holmen Iggesund’s combined PET coating and paperboard products are ideal for making ready-made meal trays. They have all the advantages of trays made entirely from plastic. Created from fresh wood fibres of known and traceable origin from sustainably managed forests, the trays are a far...
Since buying the DOVEBAR® 35 years ago, Mars has been an innovator in the Ice Cream category. Mars is a leader in confectionery, snacking, food, and pet care products and services and the maker of some of the world's most-loved brands, including a flourishing frozen...
Whether cheese, drinking water or vaccines: When packaging or filling foodstuffs or pharmaceuticals, the highest requirements apply to hygiene and the cleaning of the system. With the 53C and 55C series, Leuze has developed sensors that are ideally suited for hygiene-sensitive production and packaging processes....
In many markets around the world, deboned thigh meat is realizing higher retail values than single thighs. As a result, Meyn developed an innovative in-line thigh deboning solution for the Physic cut-up line. The thigh deboning carousels are integrated within the line, enabling the bypass...
Today Mars, Incorporated, a family-owned, global leader in confectionery, food, and pet care products and services, announced the successful completion of its acquisition of Kevin’s Natural Foods, a high-growth, nutritious meal company. Kevin’s Natural Foods joins the Mars Food & Nutrition segment, complementing its portfolio...
Food tech leader TiNDLE Foods, formerly Next Gen Foods, announces an expansion into new categories, reinforcing its commitment to delivering great-tasting and high-quality foods in order to build a more sustainable food system. The company also unveils a new brand identity that reflects its latest evolution...
Metsä Board, the leading European producer of premium fresh fibre paperboards and part of Metsä Group, has achieved A- rating in Ellen MacArthur Foundation’s latest Circulytics® circular economy assessment. The Circulytics® assessment comprehensively measures the extent to which Metsä Board as a company has achieved circularity across...
Available in the Europe, Middle East and North Africa (EMENA) region, the launch comes at a time when industrial regulations, company environmental policies, and consumer demand contribute to the growing need for sustainable labeling and packaging solutions. The new range consists of three new papers...
Held annually, The IFT FIRST is the world's leading food technology event and biggest B2B food expo, and a platform to explore new innovations, food technology, and industry development. It attracts about 15,000 visitors with 1,900 exhibition companies and brands present. Angel Yeast North America...
