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PAG to Acquire Patties Foods and Vesco Foods

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Ingredients

PAG to Acquire Patties Foods and Vesco Foods

September 15, 2022 by Asia Food Journal

PAG

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

Other Topics: acquisition, Australia, Food Industry, Frozen Foods, Industry News, Ingredients, PAG, Patties, Patties Foods, Vesco Foods

Chocolate and Candy Companies Provide More Transparency to Consumers

September 12, 2022 by Asia Food Journal

chocolate

85% of chocolate and candy sold today comes in packaging that contains 200 calories or less per pack WASHINGTON, Sept. 8, 2022 /PRNewswire/ -- America's chocolate and candy companies are providing more transparency, choice, and portion guidance options for consumers, according to a new report issued today by Partnership for a Healthier America (PHA) and the National Confectioners Association (NCA). The report found that leading chocolate and candy companies – Mars Wrigley, Ferrero, … [Read more...] about Chocolate and Candy Companies Provide More Transparency to Consumers

Other Topics: Candies, chocolate products, Ingredients, NCA, PHA, Sugar, Sweets

Asia-Pacific Scale It Up! Innovation Challenge gives plant-based food startups the opportunity to bring their projects to market faster

September 9, 2022 by Asia Food Journal

alternative proteins

Following two successful programs in North America and in Europe, Bühler, Cargill, and Givaudan bring their combined innovation power to bear and help plant-based protein start-ups to scale up and commercialise in Asia-Pacific with the Scale It Up! Challenge.  Registration for this unique program is now open. The top 15 start-ups selected in the first round will pitch their proposals to the partner companies. Five start-ups will access the partner companies’ testing and scale-up piloting … [Read more...] about Asia-Pacific Scale It Up! Innovation Challenge gives plant-based food startups the opportunity to bring their projects to market faster

Other Topics: alternative protein, Buhler, Cargill, Givaudan, healthy ingredients, Ingredients, natural ingredients, plant-based ingredients, plant-based protein, Processing, startup news

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