Brexit-borne economic uncertainty could dampen supermarket’s ability to offer cheaper groceries, though worried shoppers could maintain sales figures at hard discounting retailers like Lidl and Aldi, analysts suggest.
Huhtamaki has entered into an agreement to sell its Films business to DBAG Fund VI, a fund advised by German private equity company Deutsche Beteiligungs (DBAG), expected to be finalized in late 2014 or early 2015.
The situation in Europe is not improving but is not dramatically worse either and acquisitions in the region remain a possibility, according to Silgan.
Silgan has identified a “couple of hundred million dollars of opportunities” as part of a project aimed at reducing systems costs of canned food products from steel to store.
Ball Corporation and Silgan Holdings reported solid Q3 results for the three months ending 30 September but both were affected by weak European conditions.
An LA-based firm on a mission to turn ginseng into next big thing in functional beverages says there is room in the market for a new product that can compete with Red Bull and Monster but pack a greater nutritional punch.
German engineering giant Krones is at the forefront of IT solutions to allow close line performace analysis to help beverage manufacturers avoid downtime, and the firm’s IT solutions sales manager Timo Frankl told BeverageDaily.com and FoodProductionDaily.com...
Pernod Ricard, the world's third largest wine and spirits group,
has reported a slight dip in sales for the first quarter of 2004.
The group's established brands performed well in the US and Asia
Pacific regions, but its...
Spirits sales in France have dropped for the last few years as soft
drinks and water become more popular. But new product development
is strong, and sales should start to rise again this year.
Metro, Germany's largest food retailer, is the latest to stop
selling beer in small cans and bottles in a bid to avoid the high
cost of implementing a new recycling scheme for such products. Beer
sales in Germany are likely to...
Leading US flavour company International Flavors & Fragrances
(IFF) this week reported an increase in sales for the second
quarter 2002 with figures exceeding previously announced
expectations. In Europe strong fragrances sales...
