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Constantia Flexibles Group is now the third largest flexible packaging company in India after successfully completing its acquisition of a majority shareholding in India’s Creative Polypack Limited after all conditions were fulfilled. The transaction was originally announced on March 23, 2018. Creative Polypack Limited was founded in 1986 and achieved sales of about 75 million…
Givaudan, the global leader in fragrances and flavours, today announced it has completed the acquisition of the Nutrition Division of Centroflora Group (Centroflora Nutra), a world player in natural extracts. Centroflora Nutra manufactures botanical extracts and dehydrated fruits for the food & beverage industry. Located in Botucatu, Brazil, Centroflora Nutra employs 116 people. Givaudan announced…
The Board of Directors of Mondelēz International, Inc. today declared a regular quarterly dividend of $0.22 per share of Class A common stock. This dividend is payable on July 13, 2018, to shareholders of record as of June 29, 2018.
Symrise AG remains on track for strong growth in the fiscal year 2018 and achieved a very healthy 7.5 % organic increase in sales in the first quarter. All segments benefited from good demand. Taking into account portfolio and exchange rate effects, sales in the first quarter were up 1.5 % to € 776.9 million…
The Swiss confectioner Nestlé invests 40m Euros in the facility in Hamburg/Germany. Nestlé wants to modernize their product lines in Hamburg without any job-cuts. Nestlé produces the new Kitkat “ruby” in Hamburg. The bar is exclusively sold via REWE in Germany but also exported to other European countries. Kitkat ruby was a great success in…
Constantia Flexibles Group has invested a single-digit million euro amount in a new duplex multi-technology laminator at its Durban, South African-based subsidiary Constantia Afripack to increase quality, productivity and capacity. The laminator will be fully operational in the second quarter of 2018 and will cater to the confectionary and snacks, as well as home and…
Novio Packaging is the new holding for Oosterbeek Packaging B.V., Alpha Packaging International B.V., Maer Flexibles B.V., Maer Hong Kong Ltd and FehnPolycap GmbH. To offer their customers a broader range of services, backed up by improved international effectiveness, the five companies listed above will be joining forces as Novio Packaging. This combination enables them…
To meet growing consumer demand, Mondelēz International today inaugurated its newest “Factory of the Future” in the Kingdom of Bahrain. The company invested $90 million in the state-of-the-art biscuit manufacturing plant that produces iconic Power Brands, including Oreo cookies and Barni soft cakes, for local consumers and serves as a hub for exports to the…
Antoine de Saint-Affrique, CEO of the Barry Callebaut Group, said: “We had a very strong performance in the first six months of the current fiscal year, which was supported by all product groups and regions, as well as our key growth drivers. This resulted in the continued improvement of our profitability, driven by a favorable…
Mondelēz International today published its third annual progress report for its signature sustainable sourcing program, Cocoa Life. The report shows that Cocoa Life is delivering on its mission of creating a strong cocoa supply chain while transforming lives and livelihoods, addressing deforestation and building resilience to climate change across six cocoa origin countries: Ghana, Côte…