All news articles for August 2018

pic:getty/monticello

Coca-Cola: ‘The acquisition of Costa will give us a strong coffee platform’

Coca-Cola to acquire Costa Coffee for $5.1bn

By Rachel Arthur

Coca-Cola will acquire UK coffee brand Costa Coffee, giving the soft drinks giant a ‘strong coffee platform’ as it seeks to grow its presence in the market.

Kisvárda plant expansion plans

news in brief

Master Good set to expand Kisvárda plant

By Aidan Fortune

Hungarian poultry processor Master Good is to embark on a HUF15 billion (bn) expansion plan for its Kisvárda plant, aided by a Government grant of HUF3.4bn.

Scandi Standard has acquired a majority stake in poultry processor Rokkedahl Foods

Scandi Standard acquires majority stake in Rokkedahl Foods

By Aidan Fortune

European poultry manufacturer Scandi Standard has entered into an agreement to purchase 51% of shares in organic chicken producer Rokkedahl Foods through its Danish subsidiary Danpo for an undisclosed sum.

Gobarto's expansion plans include a new pig breeding programme

Polish meat business develops pig breeding programme

By Jaroslaw Adamowski

Poland-based meat business Gobarto has reported higher sales revenues for the first half of 2018 at about PLN1.057 billion (€247.4m), an increase of 24.7% compared with the same period a year earlier.

The 42 Degrees Company self-heating coffee cans. Photo: The 42 Degrees Company.

The 42 Degrees Company launches self-heating coffee cans

By Jenny Eagle

The 42 Degrees Company, which acquired the patent for self-heating coffee cans last year, has redeveloped the ingredients and packaging of the product launching it to suppliers and convenience stores soon.

Demand for most dairy categories is growing by more than 20% each year in China. Pic: ©Getty Images/daboost

UK scores major China dairy deal

By Jim Cornall

The UK dairy sector will receive an export boost estimated at around £240m ($308m) as China has agreed to import UK dairy products made with milk from third-party countries.

Tulip invested £1m in a new mince processing line

Tulip invests £1m in new processing line

By Aidan Fortune

UK processor Tulip has invested over £1m in a new mincing line at its factory in Tipton, West Midlands in an effort to improve efficiencies and increase output at the site.

Bravcod purchases assets of Galli Gallo

Romanian investors purchase insolvent turkey meat producer for €20m

By Aidan Fortune

Romanian business Bravcod has purchased the assets of Galli Gallo, Romania’s largest turkey meat producer which has filed for bankruptcy, in a deal worth €20m. A reorganisation plan approved by company’s creditors will allow Galli Gallo to maintain the...

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