The rise in M&A comes as big fast-moving consumer goods (FMCG) companies respond to challenges of driving growth, as well as pressure from activist investors to increase margins.
July 9, 2018
The number of mergers and acquisition deals among the Top 50 consumer goods giants reached a 15-year high in 2017, a 45% increase from the previous year, according to the annual Global 50 report released by OC&C Strategy Consultants, New York.
Packaging will play an important role in response to the trends that are shaping the growth of online grocery, says the report.
July 2, 2018
Smart packaging technologies based on unique digital codes will take both online and offline grocery in new directions during the next few years, according to the Tetra Pak Index 2018, released by Tetra Pak, Vernon Hills, Ill.
Yili launched the breakthrough product in Tetra Top 200ml with large resealable screw caps.
June 28, 2018
Yili, a China-based dairy manufacturer, turned to Tetra Pak, Vernon Hills, Ill., to rejuvenate the packaging for what is said to be the world’s first ambient drinking yogurt that contains large fruit and cereal pieces.
Butterball is said to be the first turkey processor to invest in the new packaging equipment.
June 27, 2018
Butterball Foodservice, Garner, N.C., introduced new packaging technology from the Cryovac division of Sealed Air Corp, Charlotte, N.C., for its 5- and 10-pound sizes of ground turkey.
The greenhouse expansions will enable Magic Sun to provide a year-round supply of organic TOVs, and introduce an organic Beefsteak.
June 19, 2018
GLOBALMEX International, Inc., Richmond, Va., announced expansions in four greenhouses as well as new acreage committed to the Magic Sun brand grape tomatoes, organic Tomatoes on the Vine (TOV) and organic Beefsteak tomatoes.
These survey findings underscore the importance of a new digital tool known as SmartLabel.
June 12, 2018
More than seven in 10 shoppers want to find out more about the grocery products they buy than they are currently able to get with traditional on-package labels, according to a survey released by Grocery Manufacturers Association (GMA), Washington, D.C., and Food Marketing Institute (FMI), Arlington, Va.