North America
Nestlé posts slight growth following sale of US confectionery division
Nestlé has registered a slight year-on-year growth in profits across its businesses, with sales figures of CHF 89.8 billion (€78bn) for 2017 against CHF 89.5 (€77.7bn) the previous year.
Duravant acquires Ohlson Packaging
Equipment supplier Duravant has acquired Ohlson Packaging, a weighing, counting and filling machine manufacturer – a move which will expand its product portfolio in North America.
Givaudan appoints new president of flavour division
Flavours and fragrances business Givaudan has appointed Louie D’Amico as president of its flavour division.
Sonoco unveils SoftPeel membrane
Global packaging company Sonoco has introduced its SoftPeel membrane, a new closure option for cans.
TricorBraun enters flexible packaging market
Packaging solutions company TricorBraun has acquired Canadian-based Taipak, a move which represents the company’s first foray into flexible packaging.
Roha acquires Canadian colours business
Roha has strengthened its presence in Canada by acquiring the food colours business of Cambrian Solutions.
Artisan chocolate producer to expand production with investment grant
British artisan chocolate producer Islands Cacao & Chocolate is set to scale-up its production capabilities thanks to a £39,750 grant from the Eastern Agri-Tech Growth Initiative, run by the Greater Cambridge Greater Peterborough Enterprise Partnership (LEP).
Business news, Food safety, Ingredients, Packaging, Processing
New Mentos packs use Press-Lok closure system
Mentos has become the first confectionery brand in North America to use Velcro Companies’ Press-Lok closure system.
Capol acquires natural ingredients company Colarôme
Capol, a specialist manufacturer of glazes and anti-sticking agents for the confectionery industry, is expanding its portfolio by acquiring Canada-based Colarôme.
Honey, I shrunk the margin
Sarah Gibbons explores why honey bees may be dying fast, but global demand for natural sweetener continues to grow.
Use of stevia in sugar and gum confectionery rising
The use of stevia in food and beverage products is expanding rapidly, new research suggests, with sugar and gum confectionery among the categories posting the highest growth rates.
Confectionery brand secures $35m expansion investment
US confectionery brand Sugarfina has secured a $35 million investment from private equity firm Great Hill Partners to further develop its international expansion and e-commerce and mobile platforms.
Mondelēz appoints new CEO amid mixed Q2
Mondelēz International has appointed Dirk Van de Put as its new CEO after posting a mixed second-quarter performance, with the recent malware incident weighing on net revenues.
Savoury snack showcase
Some 155 exhibitors descended on Vienna, Austria, for the biennial Snackex trade show and conference from 21-22 June. Katie Smith reports.