SAPAL announces expansion of its chocolate portfolio
The Swiss manufacturer SAPAL signed a commercial agreement on December 18th, 2023 with MACS, an Italian company based in Bologna. MACS is a well-known manufacturer of innovative high quality packaging machines, particularly in the onfectionary and food industry segment. SAPAL can build on its experience of more than 115 years in the chocolate industry, but […]
Mars opens transformative $42m Snacking R&D hub in Chicago
Mars announced the opening of its Global Research and Development Hub on its Goose Island campus, the global headquarters of the company’s Snacking business. One of seven Mars global innovation sites around the world, the 44,000-square-foot, $42 million facility will be dedicated to chocolate and nut testing, research and innovation. As Mars looks to double […]
Haldiram’s seeks to buy majority stake in chips maker Prataap Snacks
Snacks maker Haldiram’s is currently in discussions to purchase a majority stake in Prataap Snacks, a listed competitor valued at $350 million, as per a Reuters report. It aims to strengthen its position in the potato chip market, according to sources familiar with the matter mentioned in the report. The talks are in the early […]
BL Agro to invest 500 Cr in Telangana; signed MOU with state govt
Witnessing the potential in the Southern parts of India, BL Agro, India’s fastest-growing FMCG company, has signed an MOU with hon'ble Chief Minister of Telangana, Shri. Anumula Revanth Reddy to set up a manufacturing unit in the State. The MoU was signed recently at the World Economic Forum at Davos, Switzerland. Under the MoU, the […]
PepsiCo India appoints Jagrut Kotecha as new CEO
In a leadership rejig, food & beverage major Pepsico said Jagrut Kotecha will lead the India business as the CEO, while the incumbent Ahmed El Sheikh will assume the charge of the Middle East business unit. Kotecha, who is the Chief Commercial Officer for PepsiCo in Africa, Middle East, and South Asia (AMESA) will assume […]
