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Industry News

  • Orkla Expands Bakery Ingredient Portfolio

    Food ingredient firm Orkla expanded its offerings of bakery ingredients with the acquisition of Netherlands-based Vamo Produkten voor de Bakkerij B.V. (Vamo) by its subsidiary Sonneveld Group B.V., a company press release announced Tuesday. “Vamo is a well-run company with a good customer...

  • Campbell Soup Divests from European Chips Business

    American food firm Campbell Soup Company entered into an agreement to sell its European chips business, including the U.K. firm Kettle Foods Limited and Dutch entity Yellow Chips B.V., to Valeo Foods for $80 million, a company release announced Monday.   Kettle Foods manufactures hand-cooked...

  • Wells to Buy Ice Cream Production Plant from Unilever

    The maker of Blue Bunny and Blue Ribbon Classics brand frozen treats and ice cream products, Wells Enterprises, entered into an agreement to purchase an ice cream manufacturing plant in Henderson, NV from Unilever, several news organizations reported.  The company said the acquisition of the...

  • Industrial Gases Firm Messer to Build $38M ASU in U.S.

    Industrial gases firm Messer Group plans to build a new, $38 million air separation unit (ASU) in Indianapolis, IN to expand the its capacity for oxygen, nitrogen, and argon and strengthen the company’s presence in the U.S., a company press release announced Wednesday.  Slated to open...

  • Snack Food Manufacturer Invests $4.4M to Open New Plant

    Baked dessert snacks producer That’s How We Roll LLC plans to invest $4.4 million to open a new manufacturing plant in Springettsbury Township, PA after outgrowing its existing operations, Pennsylvania Gov. Tom Wolf announced in a recent release. That’s How We Roll said it will acquire...

  • Bayer Names New Head of Pharma Business Development

    German firm Bayer named Marianne De Backer PhD as its new Head of Business Development & Licensing of its Pharmaceuticals division, effective immediately, a company press release announced Tuesday. Based out of Berkeley, CA, De Backer will report to Stefan Oelrich, the president of Bayer’...

  • Pilgrim’s Pride Scoops Up Prepared Foods Firm for $354M

    Poultry processor and prepared foods manufacturer Pilgrim’s Pride is expanding its footprint in Europe with the $354 million purchase of prepared foods supplier Tulip Limited from Denmark-based food processing company Danish Crown. “We are pleased to strengthen our European foods...

  • New CEO to Take Helm of Medtronic Next April

    A new chief executive officer is slated to take the helm of medical technology and services firm Medtronic in April 2020 as the firm’s current CEO and chairman, Omar Ishrak, prepares to retire at the end of Medtronic’s current fiscal year. A recent company press release announced that...

  • BASF Begins Construction on New Surface Treatment Site

    German chemicals and specialty materials firm BASF announced Tuesday that construction has started on its new Chemetall surface treatment site in the Dushan Port Economic Zone of Pinghu, Zhejiang province, China. Slated to become operational in the first quarter of 2021, the Chemetall site will be...

  • WACKER Dispersible Polymer Powders Plant Goes On Line

    German chemicals firm WACKER announced Tuesday a new production plant is operational at its Ulsan, South Korea facility, enabling the company to expand its capacity for dispersible polymer powders and dispersions. Working for some 20 months to install a new spray dryer and construct the new plant...