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Bakkavor expands desserts offer with Blueberry Foods acquisition
May 17, 2019
Bakkavor Group has entered into an agreement to acquire Blueberry Foods, a desserts business owned by Samworth Brothers. The move sees Bakkavor look to boost its position in the chilled desserts category and add new capabilities such as hot desserts. Blueberry operates from a facility..
APIC 2019 – Petchems producers cautiously optimistic as earnings decline
May 17, 2019
Asian petrochemicals producers and stakeholders have expressed cautious optimism at this year’s APIC conference now under way in Taipei, despite forecasts for lower earnings compared with last year. In their opening plenary addresses, chairmen of the seven APIC associations focused on issues affecting the region,..
German farmers oppose buyout plan for two French Suedzucker plants
May 17, 2019
South German sugar beet growers’ association VSZ said on Thursday it will not support plans by French farmers to make a purchase offer for two sugar factories that Germany’s Suedzucker is planning to close in France. A crisis in the sugar market after the European..
Thermo Fisher snaps up GSK site in Ireland as part of its expansion campaign
May 17, 2019
Thermo Fisher Scientific, which has been rapidly expanding its drug production, has yet another operation in its sights. It has struck a deal to buy a GlaxoSmithKline active pharmaceutical ingredient site in Ireland for €90 million in cash. Waltham, Massachusetts-based Thermo Fisher will pick up..