News in brief
Morrisons signs up to Arla UK farm standards program
UK retailer Morrisons has become the first company to commit to supporting the Arla Foods’ farming standards programme Arla UK 360 across its entire Arla milk supply.
Archives for March 21, 2019
Fonterra issues financial results and announces potential divestments
Fonterra Co-operative Group Limited has announced its 2019 interim results, which show the coop has returned a Net Profit After Tax (NPAT) of NZ$80m (US$55m), but normalised Earnings Before Interest and Tax (EBIT) are down 29% on the same period last...
What’s new at ProFood Tech 2019?
ProFood Tech, which takes place March 26-28 at McCormick Place, Chicago, will deliver an array of best practices and innovative solutions in processing to food and beverage professionals.
PACCOR to extend next-generation lightweight bottle caps across IML portfolio
PACCOR plans to extend its next-generation dairy bottle caps, which weigh approximately 13% less than the previous design (1.3g instead of 1.5g) across its entire IML (In-Mould labelling) portfolio.
Peak Rock acquires Turkey Hill Dairy from Kroger
Peak Rock Capital has signed an agreement to acquire the Turkey Hill Dairy business from The Kroger Co., known for ice cream, refrigerated drinks and other dairy products. It marks Peak Rock’s eighth current investment in the food and beverage industry.