UK’s R&R Ice Cream, owned by funds controlled by PAI Partners, France, and Nestlé S.A., Switzerland, are in advanced discussions to set up a new joint venture covering ice cream based in Europe and Africa. The proposed joint venture will capitalize on the strengths and innovation expertise of the two companies.
Unilever USA, Englewood Cliffs, N.Y., acquired the premium Italian gelato business, GROM. The GROM acquisition will strengthen Unilever’s ice cream portfolio and help to further capitalize on the growth of the premium gelato market.
The International Dairy Foods Association (IDFA) today praised Senate Finance Committee Chairman Orrin Hatch (R-UT) and Ranking Member Ron Wyden (D-OR) for urging Canada to engage in dairy market-access negotiations during talks this week in Hawaii concerning the Trans-Pacific Partnership (TPP) negotiation.
Engineers at the University of California, Berkeley--in collaboration with colleagues at Taiwan’s National Chiao Tung University—have developed 3D printing technology that includes electrical components and sensors.