Market

Ricciarelli, an Italian company specialising in food packaging, has announced an important collaboration project with the BUA Group, a Nigerian conglomerate poised to become the second largest pasta producer in the country.

Amcor has launched Eco-Tite® R in Europe, the first designed to be recycled, PVDC-free shrink bag for fresh and processed meat, poultry and some cheeses.

The sustainable packaging company has announced large-scale investments in new production facilities. The new Italian plant located in the Emilia Romagna region will be ready within the next two to three years and will give a big boost to the region’s economy.

Following a €70 million investment focused on the Ortona factory and 60 new hires, the group’s pasta production is set to reach 250 million kg.

The Antares Vision Group continues with its strategy of integrating the most innovative inspection technologies. Applied Vision, the U.S. based multinational acquired, is a world leader in machine vision systems for the Food & Beverage industry.

After 34 years of activity in the country, US-based food corporation Cargill has agreed to sell its Venezuelan assets, including pasta, wheat flour, oil and animal feed plants, to Phoenix Global Investment Fund and local biscuit producer Puig.
The decision reflects the difficulties of doing business in the country, exacerbated by the political tensions between Nicolás Maduro's government and the…

The European container glass industry, represented by the federation FEVE, is launching a new hallmark that manufacturers will be able to display on their packaging to communicate the health and environmental benefits of glass.

The US private equity fund KKR has formalised the closing of its investment in CMC Machinery (Città di Castello, PG), a leading Italian producer of automated packaging solutions.

The Chilean company Ideal SA, part of the Mexico-based Grupo Bimbo since 1992, has announced the construction of a large plant for the production and packaging of bread and tortillas in the municipality of Chillán Viejo (18,700 m2 on a 4.6 hectare site).

PAI Partners has acquired the UK refrigerated food manufacturers Addo Food Group and Winterbotham Darby from LDC and Equistone.

Tesco, the UK’s largest supermarket chain, is changing the packaging of its own label hard cheeses with the aim of saving 260 tonnes of plastic annually.

With the aim of converting waste into a resource that generates positive environmental, social and economic value, Aldi is launching a packaging waste management campaign called Missione Im-ballo with targets through to 2025.

Nestlé USA has officially acquired the innovative New York-based startup Freshly, a market leader in the preparation and delivery of healthy ready meals at affordable prices.

Kraft Heinz has reported a strong Q3 2020 performance across all six business units, including 6.3% growth in consolidated net sales to US $6.44 billion. The good results of the retail and e-commerce channels have offset the contraction in the foodservice sector.

The theme of packaging customization, a widespread trend that is sure to have an impact on consumers, makes its entrance into the world of metal closures. The protagonist of this turning point is Pelliconi, which adopts digital printing technology.

Historic producer of metal and plastic closures for the Food & Beverage world, Pelliconi is now ready to put on the market a new decoration and…

TIPA®, a world-leading Israeli company operating in the compostable packaging sector, is expanding into the Italian market with the hire of a new sales director.

In an effort to expand its presence in North America, Barentz International (the Netherlands), one of the leading distributors of ingredients and additives for the pharmaceutical, nutraceutical, human food and animal feed sectors, has entered into an agreement to acquire the Ohio-based chemicals and ingredients supplier Maroon Group.

With the aim of strengthening its position in the premium spirits category, Diageo has announced that it has reached an agreement to acquire UK-based Chase Distillery, owner of Chase GB Gin and the award-winning Chase Original Potato Vodka.

The French beauty group L’Oréal, in partnership with LanzaTech and Total, has launched the first cosmetic bottle made from industrial carbon emissions.

 

UK-based sustainable packaging company Transcend Packaging has announced the launch of a new production facility in Italy dedicated to producing sustainable paper straws for quick service restaurants and on-pack straw customers.