The proposed $36 billion acquisition has received all but one of 28 required regulatory clearances. Antitrust review by the European Commission is ongoing.
FMTE brings together manufacturers of mechanical and digital equipment solutions, machinery and technologies used to handle, process and store food and beverages.
This acquisition strengthens Valeo Foods Group’s position in the packaged wafers, cakes and biscuits category, complementing its Balconi business in southern Europe and international markets.
With the completion of Lamb Weston's second facility for frozen potato products in Kruiningen, The Netherlands, this site has expanded its production capabilities while integrating sustainable technologies to advance potato processing and product packaging.
Available in Central and Eastern Europe, the product's versatility enables consumers to make their preferred beverage, whether it’s a hot cup or an iced drink.
Morliny Foods has adopted a region-specific growth strategy to address a more fragmented European market with different market dynamics than in North America.
The integration of Foundation Earth into EIT Food will provide the expertise needed for advocacy work to develop internationally-recognized standards surrounding the use of data to assess the environmental impact of food.