Unilever Divests Ice Cream Business in Venezuela
Unilever has divested its ice-cream business in Venezuela to Mack de Venezuela, a Colombian automotive company. This strategic transaction, finalized for an undisclosed amount, encompasses...
Author : FAB Team
Iceland Pledges to Enhance Prawn Welfare Standards in Response to Activist Advocacy
Iceland has made a significant commitment to enhancing the welfare of crustaceans in its supply chain. By the end of 2027, the retailer will eliminate...
Austria’s Rupp Acquires Spanish Cheese Company Juan Martinez
Austrian private cheese company Rupp has made a strategic acquisition by purchasing Spanish family-owned cheese producer Juan Martinez for an undisclosed amount. This move aligns...
SOMIC 434 Cartoning Machine Receives Prestigious Red Dot Award for Product Design 2025
SOMIC Verpackungsmaschinen GmbH & Co. KG proudly announces that its cutting-edge SOMIC 434 end-of-line packaging machine has been awarded the prestigious Red Dot Award for...
Bega Group to Shut Down Peanut Processing Operation
Australia’s Bega Group has announced the closure of its peanut processing division, the Peanut Company of Australia (PCA). This decision will lead to a gradual...
Italian Investment Fund Buys Stake in Santangelo Bakery Group
Fondo Italiano d’Investimento recently acquired a 70% stake in Santangelo Group, a distinguished bakery business based in Italy. This transaction marks the fifth deal completed...
Mlekpol, the Polish Dairy Cooperative, Expands Plant Operations
Polish dairy cooperative Mlekpol is poised to invest 400 million zlotys ($110 million) in its Grajewo plant to enhance cheese production. This substantial investment will...
Wales Aligns Deposit Return Scheme Launch Date with the Rest of the UK
Wales withdrew from the UK-wide DRS process in November 2024, partially due to the exclusion of glass. The Welsh Government has now committed to implementing...
Spanish bakery Monbake nombra a un ejecutivo de Reckitt como CEO
Monbake, a leading bakery group based in Spain, has appointed former Reckitt director Borja Lomba Sorrondegui as its new CEO. He succeeds Aurelio Antuna, who...
SIG Unveils World’s First Aseptic 1-Liter Carton Pack: Combining Full Barrier Protection Without Aluminium
SIG has introduced the first 1-liter aseptic carton packs made from SIG Terra Alu-free + Full barrier packaging material, now available in stores. This innovative...