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Study: Global dairy sales down 13% YOY

This is indicative of how much the euro has weakened against the U.S. dollar in 2015.
July 28, 2016
2015 proved to be a difficult year for most companies, with the strong U.S. dollar and currency volatility, together with low commodity prices and high turnover.
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Centroplast's sale to SAICA marks another cross-border transaction for packaging

The primary drivers of Centroplast's revenue increase are sustained growth in the European markets and demand from major multinational food companies.
July 27, 2016
Athena Private Equity S.A., Milan, and IMI Fondi Chiusi SGR, Italy, completed the sale of Centroplast Group, a European-based provider of flexible packaging to the food industry, to SAICA, a Spanish operator in recycled paper and cardboard.
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Global IQF fruit market expected to reach $8B in 2016

North America remains the largest market for IQF fruit, with a share of close to 40% in the global market.
July 27, 2016
Worldwide consumption of individually-quick frozen (IQF) fruits is expected to reach 2.3 million ton, according to a study released by Persistence Market Research, New York.
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Perdue

Perdue to open new learning center

The center will be equipped with integrated smart boards and the latest in audio-visual resources.
July 27, 2016
Perdue Foods, Salisbury, Md. Announced plans to move its corporate training center to the Main Place building at 214 W. Main St. in downtown Salisbury.
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Survey: Mobile searches for food, beverage rank highest of any industry sector

The study reveals what consumers search for from their smartphones and tablets.
July 27, 2016
Smartphones and tablets now account for 72% of online searches that result in a visit to a food and beverage website, the greatest of any of the sectors analyzed in a new study of mobile search activity by Hitwise, a New York-based division of Connexity.
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MTY Food Group acquires Kahala Brands

Kahala operates 18 brands in 27 countries, totaling approximately 2,800 locations.
July 27, 2016
MTY Food Group Inc., Canada, acquired all of the shares of Kahala Brands Ltd. for $310 million.
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Seizmic doubles size of office, manufacturing capabilities

Seizmic offers engineering design and consultation services, as well as permitting, testing services, custom material handling fabrication and installation services.
July 26, 2016
Seizmic, Inc., a Covina, Calif.-based leader in material handling, engineering and custom manufacturing, doubled its office and manufacturing space in Los Angeles.
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NatureSweet, Ganfer announce joint venture

July 26, 2016
NatureSweet, Ltd., a vertically integrated greenhouse grower of premium fresh tomatoes based in San Antonio, Texas, announced a partnership with Ganfer Grupo Empresarial, a Mexico-based greenhouse vegetable producer.
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