Sonoco snaps up Robinson paperboard ops to boost Euro foot-print
Sonoco has the completed the takeover of UK-based Robinson Paperboard Packaging for ₤2.6m in a bid to expand its paperboard container presence in Europe.
Archives for July 3, 2011
Blackstone Group realises Tangerine dream
US private equity firm Blackstone Group has bought a majority stake in Blackpool-based Tangerine Confectionery, FoodManufacture.co.uk understands, while management has also reinvested in the firm.
EU researchers revolted as EFSA clears health claims vault
The European Food Safety Authority last week delivered the fifth batch of article 13, general function health claim opinions bringing the total issued to 2723. There are just 35 to go – to be published next month in a final mini-batch that will conclude...
EFSA rejects latest sugar-free gum health claims
A health claim for sugar-free chewing gum sweetened with xylitol and defence against pathogens in the middle ear and another claim for gum and dental health were rejected by EU risk assessor in its fifth batch of general function claims, released last week.
Deal could see Nestlé gain fast-track access to China’s $6bn sweet market, analyst
Swiss food giant Nestlé is in talks to buy leading Chinese confectionery firm Hsu Fu Chiin, a deal that would cost about $2.6bn.