SIG has received the Breakthrough Food Technology Award at Gulfood Manufacturing 2022 for its “Heat&Go” packaging. This achievement is a tribute to the company’s commitment to Research & Development and its unique technology, breakthrough innovations, and unwavering determination to open up new opportunities for customers and retailers. Abdelghany Eladib, President and General Manager of Middle East and Africa at SIG, said: “Achieving this recognition from … [Read more...] about SIG receives “Breakthrough Food Technology Award” from Gulfood Manufacturing 2022
Industry News
Gulf Capital Announces Successful Exit from Global Olive Oil Producer CHO Group, a Leader in Sustainable Farming in North Africa
Gulf Capital is increasing its food security and sustainability investments and generated over 15% IRR on this growth capital investment Gulf Capital, a leading thematic private equity firm investing across the Middle East and Southeast Asia, announced the successful completion of its exit from CHO Group, a fully-integrated producer and global exporter of olive oil and the largest operator in North Africa. This investment reflects Gulf Capital’s strategy of increasing its investments in … [Read more...] about Gulf Capital Announces Successful Exit from Global Olive Oil Producer CHO Group, a Leader in Sustainable Farming in North Africa
PAG to Acquire Patties Foods and Vesco Foods
Sydney, September 15, 2022 – PAG, a leading investment firm focused on the Asia-Pacific region, announced today that it has entered into agreements to acquire Patties Foods (“Patties”) and Vesco Foods (“Vesco”), subject to regulatory approvals. Terms of the deals were not disclosed. Patties, with its origins dating back over 50 years, is well known for producing some of Australia and New Zealand’s favourite savoury snacks, appetisers, meals, and desserts, including its signature pies, party … [Read more...] about PAG to Acquire Patties Foods and Vesco Foods
