News

The Scandinavian confectionery group Cloetta has signed an agreement to sell Cloetta Italia S.r.l. y to Katjes International. The sale equals an Enterprise Value (EV) of appr. SEK 450 m (€ 46.6 m). SG

The 4th World Cocoa Conference, organized by the International Cocoa Organization (ICCO), will take place on 22-25 April 2018 in Berlin/Germany. SG SP

The U.S. concern Archer Daniels Midland Company (ADM) has announced that it has completed the acquisition of Chamtor, a French producer of wheat-based sweeteners and starches. SP

Gelita AG, one of the leading manufacturers of collagen proteins, has been welcomed into the select circle of innovation leaders among small to medium-sized companies in Germany. SP

The supervisory board of GEA Group Aktiengesellschaft has appointed the Belgian Martine Snels (48) to the company’s executive board with effect from the beginning of October 2017. SP

Klöckner Pentaplast Group, Montabaur, Germany, has announced the successful completion of the acquisition of Linpac Senior Holdings Ltd. and its direct and indirect subsidiaries. SP

The packaging group Sonoco has signed a definitive agreement to acquire 100 % of the stock of Clear Lam Packaging, a manufacturer of flexible and forming plastic packaging films for approximately USD 170 m SP

Rating agency Vigeo Eiris named Symrise, the fragrance and flavoring manufacturer based in Holzminden, one of the 120 leading companies in the eurozone with outstanding corporate responsibility due to its focus on sustainability and many other positive criteria. SP

Following the Düsseldorf trade fair cycle, the next interpack at the Düsseldorf Exhibition Centre will be held in three years’ time, from 7 to 13 May 2020. The suppliers’ trade fair "components – special trade fair by interpack" will run parallel again. SG SP

Barry Callebaut AG has inaugurated its 20th Chocolate Academy center in Milan, Italy, led by Davide Comaschi, the winner of 2013’s World Chocolate Masters in Paris. SG SP

The British company Polar Systems had a very busy and successful Snackex trade fair . SP

Colorful, lively and very informative was this year's Snackex, the trade fair for the snack industry, which recently took place in Vienna/Austria. SP

Lycored, global carotenoid leader for food, beverage and dietary supplement products, is selling its nutrient premix business to US food ingredients supplier Prinova. SP

Barry Callebaut successfully amended and extended its revolving credit facility. For the first time in Switzerland, the applicable credit margin is linked to the sustainability performance of Barry Callebaut, reported by Sustainalytics. SG SP

Ferrero has announced the official opening of the Ferrero Innovation Center in Singapore, the company's first Asian innovation center located at the heart of one of the world's leading innovation ecosystems. SG