WORLD NEWS
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Estonian dairy company E-Piim Tootmine secures US$30m loan from EIB to expand processing capacity
ESTONIA – The European Investment Bank has approved a €29 million (US$30.21 million) loan to the largest cooperative-based dairy producer in Estonia, E-Piim Tootmine to…
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Campari Group bolsters alcoholic beverage portfolio with US$124m acquisition of French apéritif brand Picon
FRANCE – Italian beverage company Campari Group has acquired French bitter apéritif brand, Picon, from Diageo for around €119 million (US$124 million) in an effort…
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Kevin Ellis becomes the new CEO of Upstate Niagara Cooperative
US -The Board of Directors of American farmer-owned cooperative, Upstate Niagara Cooperative has appointed Kevin Ellis to be the new CEO effective September 6. He…
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Sucro Can Canada announce intentions to expand sugar refining capacity
CANADA — Sugar refinery Sucro Can Canada announced its intentions to expand the sugar refining capacity of Hamilton refinery by more than double to meet…
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ADM to invest in expanding starch production to meet fast-growing demand
USA—ADM, a global leader in nutrition and sustainable solutions, announced it will invest to significantly expand starch production at its Minnesota facility in order to…