Degussa ingredients sale in 'final negotiations'
German chemical group Degussa is in the final stages of talks to shed its food ingredients unit, says chief financial officer Heinz-Joachim Wagner.
German chemical group Degussa is in the final stages of talks to shed its food ingredients unit, says chief financial officer Heinz-Joachim Wagner.
PAI Partners' purchase of Crown Holdings' international plastic closures business, most of which is based in Europe, could help food processors here if the investment firm is able to make the unitmore competitive.
Weekly comment
Henry Ford's famous aphorism that if he had asked people what they wanted, they would have said faster horses, provides food makers with a lesson they must learn.
US sales of wholegrain cookies have skyrocketed 1,364 per cent in the past year, marking them as the nation's fastest growing wholegrain bakery product, according to market researcher AC Nielsen.