Saturday, 22 July 2017

Nominations Open for British Potato Industry Awards

Nominations Open for British Potato Industry Award...

  Nominations for the “British Potato Industry Award” and “AHDB Above and Beyond Award” are now o...

New Zealand’s Best Chips Competition Is Back after 4 Years

New Zealand’s Best Chips Competition Is Back after...

  The Best Chip Shop Competition is set to be held again, after a four-year hiatus and 51 stores ha...

 Idaho Potato Commission Honors Innovation in Teaching

Idaho Potato Commission Honors Innovation in Teac...

  The Idaho Potato Commission (IPC) recognized new methods and breakthroughs in professional food...

Potato Grower Testifies on Importance of Trade Programs for Specialty Crops

Potato Grower Testifies on Importance of Trade Programs...

Potato grower Eric Halverson has spoken in front of the Senate Agriculture, Nutrition and Forestry Comm...

SuperValu Expects to Sell EUR32m Irish Potatoes This Season

SuperValu Expects to Sell EUR32m Irish Potatoes This Se...

  Leading Irish grocery retailer SuperValu expects to sell EUR32m in homegrown Irish potatoes this sea...

EC Project for Reducing Acrylamide in Food Approved

EC Project for Reducing Acrylamide in Food Approved

  European Union member states representatives voted in favor of European Commission's proposal to red...

Key Technology Introduces New VERYX C70 Digital

Key Technology Introduces New VERYX C70 Digital

  Key Technology expands its VERYX family of digital sorters with the addition of the new VERYX C70, a...

Elea Pulsed Electric Field Technology Launches SmoothCut One system

Elea Pulsed Electric Field Technology Launches SmoothCu...

  Elea PEF has recently launched a new compact industrial scale system for treatment of vegetables and...

Key Technology Presents VERYX Digital Sorters to Australian Processor

Key Technology Presents VERYX Digital Sorters to Austra...

  Key Technology introduces its VERYX family of digital sorters to the Australian food processing indu...

Lay’s Announces ‘Do Us a Flavor’ Contest Finalists

Lay’s Announces ‘Do ...

  Lay’s has announced the three finalist potato chip flav...

Nottingham University and Pipers Crisps Develop Science of Crisps

Nottingham Universit...

  Pipers Crisps, one of Britain’s best-known crisp brands...

Side Delights Launchs Farmers Table Organic Russet Single Wrapped, Microwaveable Potato

Side Delights Launch...

Fresh Solutions Network is taking to the Organic Produce S...

Scarborough Borough Council Approves McCain Plant Expansion

Scarborough Borough ...

  Scarborough Borough Council has formally recommended ap...

New Potato Processing Plant to Be Built in Tyumen, Russia

New Potato Processin...

  Construction of the first plant processing potatoes in ...

Pringles Announces Limited Top Ramen-flavored Chips

Pringles Announces L...

Canned potato chip brand Pringles has teamed up with Japan...

Natural Antioxidant to Extend Potato Chips Shelf Life

Natural Antioxidant ...

   Potato chips’ shelf life can be doubled with a new 100% ...

Simplot Starts Construction of New Plant in Mendoza, Argentina

Simplot Starts Const...

Simplot will start the construction of a French fries plan...

Pipers Crisp Co. Potato Chips Joins Liberty Richter

Pipers Crisp Co. Pot...

  British Pipers Crisps potato chips’ newest brand will p...

 Drones Measure Nitrogen Application in Potato Farming

Drones Measure Nitr...

  The researchers at Wageningen University Research ann...

Boise State Researchers Awarded IGEM Grant to Combat Potato Rot

Boise State Research...

  Boise State University researchers Harish Subbaraman, D...

Researchers Engineer Heat Tolerance in Potato Crops

Researchers Engineer...

  Scientists at the James Hutton Institute and the Univer...

Taiwan to Control Imports of GMO Potatoes

Taiwan to Control Im...

  Agriculture authorities in Taiwan say they are prepared...

Boise State University Develop Sensor for Potato Rot

Boise State Universi...

  Boise State University researchers Harish Subbaraman, D...

Simplot Postpones the Introduction of Innate Potatoes in Canada

Simplot Postpones th...

  Simplot Plant Sciences, the company that developed the ...

GMO Potato Lines to Be Approved in Australia and New Zealand

GMO Potato Lines to ...

  Food Standards Australia New Zealand (FSANZ) called for...

Maine Board Approves Three New Types of GMO Potatoes

Maine Board Approves...

Maine Board of Pesticides Control has unanimously approved...

AHDB Launches New Tool to Fight against Blight

AHDB Launches New To...

  AHDB Potatoes has launched a new website to help combat...

Produce Investments will raise £15 million to help fund a major expansion when it lists on the Alternative Investment Market (AIM) later this month.

Borders-based chief executive of the Scottish agricultural company, Angus Armstrong, told Scotland on Sunday that the move was "great news" for Scottish agriculture and would give the company the firepower to take advantages of opportunities to significantly expand the business.

Produce Investments, which supplies potatoes to the likes of Tesco and Sainsbury's, employs about 200 at its operations in Duns, Berwickshire and Perthshire.

The company, better known by its Greenvale subsidiary name and which grows, packs and also develops new potato varieties, already has a number of specific targets although Armstrong wouldn't be drawn further.

He said the company would also look at acquisitions outside potatoes "but only if the opportunities look sensible".

Unusually for Initial Public Offerings, existing investors in the company are purchasing additional equity, a move Armstrong said indicated "an even greater level of commitment to the future of the business".

Current backers include Credential Produce, an investment vehicle of Glasgow-based property developer Barrie Clapham who heads Credential Holdings.

Other executive and non-executive directors are increasing their stakes and the company has appointed Sir David Naish, a former president of the National Farmers' Union and former chairman of Arla Foods (UK).

Produce Investments is expected to have a market capitalisation of between £30m to £40m when shares start trading on 15 November.

 

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