Europe
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Mondelēz to invest US$2bn in acquisition of European baked goods firm Chipita
GREECE – Mondelēz International, an American multinational confectionery and snack food company, has agreed to acquire Chipita, a manufacturer of croissants and baked snacks in…
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Graphic Packaging set to bolster presence in Europe with the acquisition of AR Packaging
EUROPE – Graphic Packaging, has agreed to acquire AR Packaging, a producer of fiber-based consumer packaging in Europe, from CVC Funds for approximately US$1.45 billion.…
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European Food Safety Authority flags Titanum Dioxide as “non-safe” whitening food additive
EUROPE – The European Food Safety Authority’s (EFSA) has, in its latest safety assessment, flagged titanium dioxide (E171) as a “non-safe” whitening food additive. Titanium…
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Valusect invests in 17 SMEs to bolster development of insect protein market in Northern Europe
EUROPE – ValuSect, a European insect production project, has announced that it will invest over US$572 million in supporting 17 small and medium-sized enterprises (SMEs)…
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UK food and beverage exports to EU decline by US$1.5 billion as Brexit realities continue to impact trade
UK – In the first few months of 2021, Britain’s exports to the EU were down more than £1.1 billion (US$1.5 billion), according to a…