News

FrieslandCampina has reported a slight decline in revenue, attributed to a 3.4 % dip in milk supply, in a newly released 2019 financial overview. SP

Hochdorf is selling its majority shareholding of 60 % in Uckermärker Milch GmbH to Ostmilch Handels GmbH, which previously held 40 % of the shares. SP

Tony’s Chocolonely has taken a major step in realizing their mission of a 100% slave-free chocolate industry since Verlinvest and JamJar together have taken a minority share in the company. SG

The U.S. concern PepsiCo, Inc. has announced to buy Chinese online snack company Be & Cheery from Haoxiangni Health Food Co for USD 705 m. SG

Givaudan, global leader in fragrances and flavours, announced it has completed the acquisition of Ungerer & Company, the US based Flavour, Fragrance and Specialty Ingredients company. SP

ETH Zurich researchers are making chocolates shimmer in rainbow colours – without the addition of colorants. SG SP

The seminar “Future of Confectionery: Ingredients for Sweets”, organized from 28 to 29 April 2020 by the ZDS – Central College of the German Confectionery Industry, will deal intensively with the topics of food pairing, reformulation, and protein or fibre fortification. SP

Syntegon Technology, formerly Bosch Packaging Technology, contributes its vast packaging and processing expertise to the European initiative Ceflex to foster a circular economy for flexible packaging. SP

The large majority of the board of directors of Hochdorf Holding Ltd will not be available for re-election at the next annual general meeting. SP

At the last edition of the trade fair duo comprising interplastica, International Trade Fair for Plastics and Rubber and upakovka – Processing & Packaging, there were already signs that the Russian market was moving out of the trough again – at least for the packaging and related processing industry as well as for the plastics and rubber industry. SP

Bühler, a leading food technology provider, and Givaudan, a leader in flavours and fragrances, are bringing their global partnership to Asia to build an Innovation Centre dedicated to plant-based food. SP

The Barry Callebaut Group today announced the launch of the world’s first personalized 3D printed chocolate at scale, through its global decoration brand Mona Lisa. SG SP

In DSM’s 2019 results, the company reported a net profit of EUR 764 m. SP

Nestlé S.A. has reported full-year results for 2019. Total group sales were CHF 92.568 bn (2018: CHF 91.439 bn). SG

Metsä Board, part of Metsä Group, has announced that the food safety procedures at its Kemi mill have recently been certified according to the FSSC 22000 food safety standard. SG SP