WORLD NEWS
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Turkey B2B flour miller Ulusoy secures funds from FMO to transition into retail sector
TURKEY – Ulusoy, Turkey’s largest flour miller, has secured a 6-year, US$25m senior debt facility from Dutch entrepreneurial development bank FMO to fund transition into the…
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Multivac acquires portioning machines supplier TVI for undisclosed sum
GERMANY – Multivac Sepp Haggenmüller SE & Co, a leading suppliers of integrated packaging solutions, has acquired portion machines supplier TVI Entwicklung und Produktion for undisclosed sum. TVI Entwicklung und Produktion, which is the market…
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IGC optimistic of a bumper grain harvest despite poor growth conditions in some regions
GLOBAL – The International Grains Council (IGC) is forecasting total grains (wheat and coarse grains) production in the 2021-22 marketing year to reach an all-time…
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No and low-alcohol continues to outperform full-alcohol in key markets as consumer desire more sobriety
GLOBAL – The no and low alcohol beverages category continues to outperform full-alcohol as consumer interest in these drinks increasingly becomes a year-round trend across…
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Lycored expands US capacity to meet demand for carotenoid ingredients
USA – Global wellness company Lycored has opened a new processing plant in New Jersey, US, to meet growing demand for carotenoid ingredients. The plant is slated to enable Lycored to…