Aurelius acquires Spanish core board and solid board packaging producer Abelan

Aurelius Equity Opportunities SE & Co. KGaA the listed mid-market pan-European investor, announced the acquisition of Abelan Board Industrial S.L., a major producer of core board and solid board packaging products operating out of Southern Europe, from PHI Industrial. The deal represents Aurelius’ third acquisition in the European packaging sector since 2015 and will further…

Cargill takes steps to modernize renewable energy infrastructure in Ghana

At 30th of November Cargill inaugurated their new solar power facility at their Cocoa & Chocolate site in Tema, Ghana. This energy project contributes to Cargill’s global strategy of investing in environmentally friendly, renewable ways of generating power for industrial production. By investing in renewable energy, Cargill is living up to its responsibility to find…

Barry Callebaut completes acquisition of Ingredients Division of Gertrude Hawks Chocolates U.S.

Barry Callebaut, the world’s leading manufacturer of high-quality chocolate and cocoa products, today announced that it has successfully closed the acquisition of the ingredients division of Gertrude Hawk Chocolates in the U.S. The integration will start as of now. Antoine de Saint-Affrique, CEO of Barry Callebaut, said: “Gertrude Hawk Ingredients adds new capabilities, technologies and…

Fi Europe 2017 Innovation Awards: The Winners

The world’s largest food and beverage ingredients show announces the winners of its coveted Innovation Awards for 2017. A true barometer of food and beverage trends, the Fi Europe Innovation Awards honour research teams and product developers for their outstanding innovations and invaluable contributions to the industry. Mirroring the market, protein solutions featured high on…

Nestlé buys Atrium Innovations

Nestlé announced that it agreed to acquire privately-held Atrium Innovations, a manufacturer of nutritional health products, from a group of investors led by Permira Funds for USD 2.3 billion in cash. Atrium’s 2017 sales are expected to reach almost USD 700 million. The move supports Nestlé’s pursuit of growth opportunities in consumer healthcare to complement…