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Nordzucker agrees majority stake in Mackay Sugar Limited

Acquisition of 70 percent majority stake in Australian sugar producer Mackay Sugar


Nordzucker and Mackay Sugar Limited have contractually agreed that Nordzucker will acquire a 70 per cent majority stake in Australia's second-largest sugar producer. Nordzucker is thus building up production capacities outside Europe and consistently pursuing its strategy of focusing on sugar ...


Delivery Hero grows revenue by 77% for the full year 2018


Delivery Hero Group ("Delivery Hero"), one of the leading global online food ordering and delivery marketplaces, accelerated growth in the fourth quarter. In the financial year 2018 revenue grew by 77% year-on-year on a constant currency basis excluding Germany and accounting for hyperinflation ...


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Nestlé Mexico to invest USD 154 million in new coffee factory


Nestlé has announced a USD 154 million investment in a new coffee factory in Veracruz, Mexico. In its first phase the factory will employ 250 people directly and generate a further 2,500 indirect jobs. It has the potential to provide 1,200 direct jobs and 12,000 indirect jobs at the end of its ...


Pernod Ricard and the e-commerce platform Jumia strengthen their partnership

The two companies will develop innovative distribution strategies on the African continent


Pernod Ricard, the world's second largest wine and spirits’ company present in 13 African countries, and Jumia, the leading e-commerce player on the continent, today announced the strengthening of their partnership. In this context, Pernod Ricard will invest into Jumia, thus becoming a strategic ...


Givaudan launches MISTA – a new innovation platform for the food industry


Givaudan, the global leader in flavours and fragrances, has launched MISTA, a new innovation platform for the food industry. More encompassing than an incubator or accelerator, MISTA is an optimiser, enabling start-ups and established corporations to optimise ideas, products, people and ...


Kellogg Company Sharpens Focus, Aligns Resources Around Biggest Opportunities for Growth


Kellogg Company announced today two significant changes to its North American business designed to ensure it has the right operating model and portfolio to deliver profitable growth in the future. First, beginning inJanuary 2019, Kellogg's North American (KNA) organizational structure will be ...


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Reimann wants to continue investing in non-alcoholic beverages


The German Reimann family wants to continue investing in the soft drinks market. "The global market for non-alcoholic beverages has a volume of 1.3 trillion dollars.There are still huge opportunities," said Peter Harf, manager of JAB Holding, the "Manager Magazin" controlled by the ...


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The Coca-Cola Company and BODYARMOR Announce New Strategic Relationship

Coca-Cola to Acquire Minority Stake in BODYARMOR with Path to Ownership Under Defined Terms


TheCoca-ColaCompany and BODYARMOR today announced that they have entered into a definitive agreement through whichCoca-Colawill acquire a minority ownership stake in BODYARMOR. Through the agreement, BODYARMOR will have the opportunity to gain access to the expansiveCoca-Colabottling ...


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Hellofresh profits from customer growth and dares to do even more


After a strong surge in sales in the second quarter, the cook-box mail-order company Hellofresh is even more confident for the year as a whole. Adjusted for currency effects, revenues are now expected to increase by 32 to 37 percent year-on-year in 2018, according to the company listed on the ...


EIB provides funding to Jennewein


The European Investment Bank (EIB) provides new financing of EUR 15 million to Jennewein Biotechnologie GmbH, a highly innovative German company that offers a breakthrough technology for the production of rare functional sugars for a wide range of applications, including nutritional, ...


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