08 January 2024
08 January 2024
Brynwood Partners has closed its ninth – and largest fund – and its chairman and CEO discusses how he invests in food and beverage.
France kicked off the campaign last week followed by Spain, Italy and Belgium.
The CEO said that the business is set to invest an undisclosed amount into research to “better understand” the weight-loss drug.
FoodIQ has manufactured for the UK-listed owner of the Sci-Mx brand in the past.
Reckitt Benckiser called the move a “precaution” due to an “isolated overseas sample of the product testing positive for cronobacter sakazakii”.
The Wisconsin-based business will gain two production plants in the deal.
The transaction will allow Hyle to acquire “a majority share” in the pasta company.2
Second-quarter volumes pressured by low-margin business exit.
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In 2022, the soft drinks sector held the largest non-alcoholic beverages packaging market share, while the hot drinks sector is forecasted to register the fastest growth during 2022–27. Rigid plastics are usually a preferred choice in the non-alcoholic beverages industry because of their portability, convenience, and lightweight nature that facilitate on-the-go consumption.
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