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Chinese state will acquire Polish apple processor
SDIC Zhonglu Fruit Juice Co Ltd, a state-owned company, will buy Appol of Poland for PLN68.5 million (USD18.4 mln)
Swiss company to invest in Guatemalan essential oil supplier
Ingredients and flavours house Firmenich has signed an agreement with the Guatemalan cardamom house Nelixia to invest in its essential oil plant.
Chilean dried plum processor to expand capacity
GoodValley, which produces around 4,000 tonnes of finished dried plums annually, is expanding its plant to allow an increase in production of 2,000-3,000 tonnes.
Moy Park steps up investments in UK poultry sector
Moy Park, one of Europe’s largest poultry processors, has announced an investment of £18 million across a number of its sites in Lincolnshire, UK.
Car industry shareholder moves into soft drinks sector
FFP, a listed company owned by the Peugeot family and one of the three main shareholders of PSA Peugeot Citroën Group, has committed to co-invest an additional USD120 million alongside JAB Holding of Germany, to support the Group's expansion strategy in the beverage sector.
Embattled food and retail chain's debts are double its worth
The total value of the 140 companies that comprise Croatia's Agrokor food and supermarket business is estimated at EUR3.47 billion (USD4.1 bln), the company has announced.
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