Global Food & Beverage manufacturers look to smart finance to meet pandemic investment challenge

Siemens Financial Services (SFS) has released a new whitepaper entitled Rising to the New Challenge: The role of Smart Financing in helping the Global Food & Beverage Sector navigate the economic ‘new normal’. This is the second in a series of insight papers on the automation, retrofit and digital transformation investment challenges faced by manufacturers.…

Mondelēz International Releases First-Ever State of Snackin Report Exploring Evolving Global Consumer Snacking Trends

Mondelēz International today announced the launch of its first-ever State of Snacking™ report, a global consumer trends study examining the role snacking plays across the world in meeting consumers’ evolving needs: busy modern lifestyles, the growing desire for community connection and a more holistic sense of wellbeing. The study reveals the rise of global snacking,…

Change in shareholder structure

Barry Callebaut AG has been informed by Jacobs Holding AG, its majority shareholder with a stake of 50.1% since 1998, of its intention to diversify its investment portfolio in order to ensure a broad-based income base for Jacobs Foundation, its only economic beneficiary, while remaining Barry Callebaut’s reference shareholder with a stake of 40.08% and…

Constantia Flexibles closes the acquisition of majority stake in TT-print in Russia

Globally operating Austrian packaging producer Constantia Flexibles has completed its acquisition of a majority stake in the Russian group of companies TT. Now known as Constantia TT, the plant in Voskresensk mainly produces packaging for the pharmaceutical industry. This acquisition represents yet another measure aimed at strengthening the Constantia Flexibles Pharma Division’s guiding principle: Let’s…