Food and Drink Business news
Posted on the 2nd November 23. in Industry News. The food industry in the UK is a vast and vibrant sector, employing over 4 million people and contributing over £120 billion to the economy each year. However, finding the right food industry job can be challenging, especially in the current economic climate.
Refresco Aquires Whitlock Packaging | FDBusiness.com
Jul 26, 2016 · The Refresco Group, which is Europe’s largest soft drinks bottler, is set to acquire US-based bottler company, Whitlock Packaging for approximately £98m. The Dutch-based soft drinks and fruit juices bottler for A-brands and retailers agreed the deal which represents an EV/adjusted EBITDA multiple of 7.3x and is in line with the average ...
Refresco Completes Acquisition of Whitlock Packaging
Sep 12, 2016 · The acquisition of Whitlock enables Refresco to create a new growth platform in North America with return and synergy potential, similar to Europe. The purchase price is US$129 million (Eur117 million), on a debt and cash free basis. This represents an EV/adjusted EBITDA multiple of 7.3x and is in line with the average multiple paid by Refresco.
Lifeline for fizzy-drinks manufacturers struggling to source CO2
Sep 14, 2022 · Leeds-based CO 2 Sustain is reminding carbonated drinks manufacturers that its patented additive can cut by 12% the amount of CO 2 needed to add fizz during production, helping to mitigate the pressure on CO 2 supplies while maintaining the same high-quality beverage experience for consumers. The reminder is in response to yet another serious blow for the supply chain, where the low ...
Tetra Pak – Leading the Way in Whey Processing
July 21. DSS, a Tetra Pak Company, is leading the way in introducing new whey production technology to meet the changing demands of the global dairy industry for more sophisticated whey ingredients and more efficient processing techniques. DSS, which supplies advanced membrane filtration solutions and replacement membranes to the world’s ...
Aryzta Completes Acquisition of Fresh Start Bakeries
Jul 8, 2010 · The combined revenue of the Fresh Start Bakeries and Great Kitchens businesses being acquired is $1.03b, with associated EBITDA of $133m. Owen Killian, chief executive of Aryzta. The acquisitions double Aryzta’s manufactured volumes with an additional 30 production locations in 9 countries and permit greater access to a broader customer base ...
Shepherd Neame is Reborn in the USA | FDBusiness.com
July 26. Britain’s oldest brewer, Shepherd Neame, has signed new agreements with Canada’s oldest independent brewery, Moosehead Breweries, to act as its distributor for the US and for Canada. The Kent brewery’s flagship beer, Spitfire Premium Kentish Ale, will be on sale across North America from September, with further products planned ...
Grupo Bimbo Completes Acquisition of Sara Lee’s North American …
Nov 8, 2011 · Grupo Bimbo has just completed the acquisition of Sara Lee’s fresh bakery business in North America. The deal, which has an enterprise value of $959 million, was originally announced in November 2010. Grupo Bimbo is also in the process of moving into the European market for the first time by acquiring Sara Lee’s fresh bakery business in ...
The 2024 PPMA Show is hailed a huge success | FDBusiness.com
Oct 10, 2024 · The PPMA Show, the UK’s leading event for processing and packaging machinery, including industrial automation and machine vision systems, has once again been acclaimed as a great success. Established more than 35 years ago, the renowned exhibition welcomed thousands of visitors over the course of its three-days at the NEC Birmingham.
Produce World Group Acquires Fenmarc Roots Division
Nov 3, 2014 · Produce World Group, which is one of the largest expert growers and suppliers of high quality fresh vegetables in Europe, has purchased the roots division of Fenmarc Produce, based at Swinderby, Lincolnshire. The move is intended to further strengthen Produce World’s position in the market, firmly establishing it as the UK’s leading grower ...