Items Tagged with 'Europe'

The funding will go toward construction and contract management, the delivery of key process equipment, installation, commissioning and production ramp-up prior to the start of mass production of Solein protein powder.

Cargill says the investment enhances its operational and research capabilities, as well as its ability to serve growing demand for edible oils, premium chocolate products and customer-led innovation.

The company says the move aims to align its global supply chain footprint with evolving market conditions.

As Valeo Foods Group’s eighth acquisition since 2022, Prestige reinforces the company’s ambition to strengthen its position as Europe’s leading sweet treats champion.

The facility can process 40 hectolitres of spent brewer's yeast per hour for the creation of new functional, vegan-friendly ingredients.

This will be the company’s first industrial-scale production facility, and it will increase the production capacity of protein ingredient Solein from Factory 01’s 160 tons annually to 6,400 tons annually.

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.

The expansion project has resulted in high-speed filling lines and a pilot plant at the food company’s R&D center in Nijmegen, Netherlands.