News

With effect from 1 August 2019, Multivac is entrusting the management of the recently acquired Fritsch Group to two experienced executives, Andreas Eyd and Frank Gabriel. SP

Caldic and Cargill have reached an agreement making Caldic Ingredients Deutschland GmbH the exclusive distribution partner for Cargill’s starches, sweeteners and texturizers for food applications in Germany and Austria. SP

Australia’s second-largest sugar milling company, Mackay Sugar Limited, has announced that a majority of its farmer-shareholders (75 %) have voted in support of a takeover by German sugar producer Nordzucker AG. SP

Paccor, manufacturer of sustainable and innovative plastic packaging solutions, has further executed its long-term growth strategy and has acquired the majority stake in EDV Packaging Solutions, one of the leading manufacturers of rigid barrier packaging for the food industry worldwide. SP

After more than 18 years as CEO of the Mulivac Group, Hans-Joachim Boekstegers will bow out of the company and hand over the business on 1 January 2020 to his director colleagues, Christian Traumann and Guido Spix. SP

The Hershey Company announced net sales and earnings for the second quarter ended June 30, 2019. Consolidated net sales were USD 1.767 bn versus USD 1.752 bn in the year ago period, an increase of 0.9%. SG

Swiss Nestlé Group has reported half-year results for 2019. Total reported sales increased by 3.5% to CHF 45.5 bn (6M-2018: CHF 43.9 bn). Organic growth reached 3.6%. Real internal growth (RIG) of 2.6% remained at the high end of the food and beverage industry. SG

Higher cocoa prices are having a dampening effect on demand according to figures published by the European Cocoa Association. SP

The Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, announced the ground-breaking for the construction of its new chocolate and compound manufacturing facility in Baramati/India – about 250 km south-east of Mumbai. SG SP

Givaudan has reported a sustained “good business momentum” and project pipeline in its 2019 half-year results. SP

Vegetable oils and fats producer AAK from Malmö/Sweden has released an interim report outlining strong second-quarter growth, with its Food Ingredients segment as the main driver, underscoring the strategic launch of its plant-based portfolio. SP

Nestlé has created a new chocolate made entirely from the cocoa fruit, using only the beans and pulp as ingredients. SG SP

At this year’s trade show Food ingredients Europe & Ni, organizer Fi Global will highlight the most exciting new F&B start-ups in the “Start-up Innovation Challenge”. SP

Givaudan, global leader in flavours and fragrances, and Bühler, global leader for food processing solutions, have announced a development partnership to accelerate market access for food start-ups in Switzerland. SP

DuPont has divested its Natural Colors business, which is part of the DuPont Nutrition & Biosciences (N&B) segment, to DDW, The Color House. SP