Latvia-based Food Union has agreed to buy the ice cream and frozen foods business of Estonia’s Premia Foods in a deal worth €27.1m, the company said on Monday.
Danish ingredients giant will shut down beverage flavour operations
in Sweden as tough competition bites and business is impacted by
growing consumer demand for health positioned drinks, reports
Lindsey Partos.
Benecol maker Raisio will use profits from its recent chemicals
unit sale to embark on a new strategy designed to position it as a
leading producer of plant-based foods and ingredients.
Latvian fruit and vegetable processing company Pure Food says that
it has reached an agreement with a major Chinese shopping chain to
supply its products there.