Scientex snaps up GW Plastics core business
Asian packaging firm Scientex (SB Group) has launched a bid for Great Wall Plastic and Great Wall Packaging for 283.2m Malaysian Ringgits (RM) (€71.6m).
Archives for October 3, 2012
Breakfast cereal in China: Snap, crackle… and flop
Western breakfast brands don’t often work in China. They need manipulating to appeal to very different tastes, packaging and format preferences and, of course, another language.
Insect larvae contamination prompts kids chew bar recall and production halt
Production of Annabel Karmel snack bars has ceased and a recall has been issued in the UK and Republic of Ireland following three consumer complaints of insect contamination.
Grupo Bimbo strengthens Spanish hold with buy-back
Grupo Bimbo has opted to buy-back a bakery plant in Gran Canaria that had previously been sold off by Sara Lee in 2009 in a bid to drive a leadership presence in Spain.
Hostess gets green light to impose pay-cutting deal on union; insists 'there are no viable bidders'
Twinkies maker Hostess Brands has got the green light from the bankruptcy court to force members of the union representing a big chunk of its staff to accept a deal they have overwhelmingly rejected.