News

The global rigid film producer Klöckner Pentaplast will acquire Farmamak from Gözde Girisim Sermayesi Yatirim Ortakligi A.S. (Gözde Girisim). Farmamak will operate as a subsidiary within the Klöckner Pentaplast Group. SP

Katjes International GmbH & Co. KG from Emmerich, Germany has increased its holdings in Halloren Schokoladenfabrik AG from Halle, Germany up to 7 percent. SG

Sensient Flavors presents its new ‘nut free’ nut flavour product range: almond, hazelnut, peanut, pistachio and walnut. SP

The Schur Flexibles Group, with its headquarter in Baden, Austria, has announced the acquisition of a majority holding in the Dutch company Drukkerij Zwart B.V. The takeover of the majority of the shares, which was agreed on 4 November 2016, is subject to the approval of the cartel authorities. SG

Ragolds Invest GmbH from Hamburg, Germany has taken majority holdings in the sweets manufacturer Rudi Jahnke Süsswaren e. K. headquartered in Kaltenkirchen, Germany which opened insolvency proceedings in August of 2015. SG

Christian Traumann, CFO of Multivac, and Ivaylo Dimi­trov, Managing Director of Multivac Bulgaria Production Ltd., gave the starting signal for the new production site of Multivac in Bulgaria at the official ground breaking ceremony on 15 September 2016. SP

Symrise AG, supplier of fragrances, flavors, cosmetic active ingredients and raw materials as well as functional ingredients added two members to its Executive Board. SP

SternMaid laid the foundation stone of a new production plant. The contract manufacturer of foods and food supplements in powder form is greatly enlarging its capacity directly beside the existing production facility in Wittenburg. SP

The Hershey Company announced sales and earnings for the third quarter ended October 2, 2016. Consolidated net sales were USD 2.004 bn compared with USD 1.961 bn for the third quarter of 2015. SG

Symrise AG continued to benefit from strong demand and high capacity utilization in the third quarter. SG

The Barry Callebaut Group increased its sales volume by 2.2% to reach 1.834 m tonnes in fiscal year 2015/16 (ended August 31, 2016). SG

Mondelez International Inc. has reported USD 6.4 bn net revenues for the third quarter 2016, decreased 6.6% compared to previous year, due to the Venezuela deconsolidation and weaker sales in Eastern Europe, Middle East and Africa. SG

With the European Commission amending its current steviol glycoside specifications on 3 November 2016, European food and beverage companies will be able to rely on the broader portfolio of Cargill’s ViaTech™ stevia sweeteners to help them achieve optimal sweetness and dramatic sugar reductions in their most challenging applications. SP

Olam International is first in Africa to achieve RSPO certification for new oil palm plantation development. SP

UBM, the world's largest event organiser of food ingredients events, has announced that it will be hosting the Health & Nutrition Week in Frankfurt from 28 November to 2 December with the support of Messe Frankfurt. SP