Flexible packaging solutions suppliers Scholle IPN will be acquired by SIG, an aseptic carton packaging company. The target completion of the deal is before 3Q 2022. Switzerland-based SIG will diversify offerings by including its bag-in-box and spouted pouch items in the new product portfolio. It will also promote its net positive food packaging system, which is achieved through the Way Beyond Good approach. Samuel Sigrist, CEO of SIG, said of combination of businesses, "The acquisition of … [Read more...] about SIG announces acquisition agreement of Scholle IPN
Latest News
Alvinesa Natural Ingredients acquires Cades Penedes
In order to further scale production to meet growing consumer needs Alvinesa Natural Ingredients has announced it will acquire Cades Panedes. The latter company is the leading Catalonial manufacturer of grape-derived sustainable ingredients located in Panedes, a wine-producing region in Spain. The wine grapes from Cades Panedes are don’t require the use of pesticide and contain higher levels of polyphenols, which are micronutrients with antioxidant properties. Alvinesa will then upcycle the … [Read more...] about Alvinesa Natural Ingredients acquires Cades Penedes
More investment in cybersecurity seen globally, including F&B
According to an independent survey conducted by security company Claroty, 4 in 5 organisations in the Asia-Pacific (APAC) region have been impacted by ransomware. Over half paid ransom, as revealed by the Global State of Industrial Cybersecurity 2021: Resilience Amid Disruption. Recently, companies in the food and beverage industry were targeted by large-scale cyberattacks. In 2021, global meat processor JBS paid about $11 million in ransom to resolve a cyberattack. Recently, U.K.-based KP … [Read more...] about More investment in cybersecurity seen globally, including F&B
