Tuesday, 22 July 2014

Your Potato Europe VIP Ticket Is on Us!

As media partners of the event in Bockerode/Hanover, Germany, Potato Processing International and Potato Storage International is inviting 20 lucky readers to win a VIP tour of the fair in September 3-4.

World Map of Test Centres: Woerden

The slogan Florigo applies for the work performed within its Food Technology Center (FFTC) is: “… when Food becomes Fun!”, and starts our series of virtual tours mapping testing facilities the world over and

Global Forum for Innovations in Agriculture Launches Call for Innovations

The Global Forum for Innovations in Agriculture (GFIA), the event for the future of sustainable agriculture, has recently launched the Call for Innovations for next year’s event, to be held from March 9-10, 2015

World Potato Congress Inc. Appoints Three New Directors

David Thompson, President CEO, World Potato Congress Inc. (WPC Inc.) announced the appointment of Mr. Ron Gall, New Zealand; Dr. Nora Olsen, USA; and Anne Fowlie, Canada; as members of the Board

Global Forum for Innovations in Agriculture Launches Call for Innovations

Global Forum for Innovatio...

The Global Forum for Innovations in Agriculture (GFIA), the event for the future of sustainable agricult...

Your Potato Europe VIP Ticket Is on Us!

Your Potato Europe VIP Tic...

As media partners of the event in Bockerode/Hanover, Germany, Potato Processing International and Potato...

Pack Expo Preview: New Show Feature

Pack Expo Preview: New Sho...

PMMI, owner and producer of Pack Expo International and the Contract Packaging Association (CPA) are bri...

Atlantic Grupa Expands Its Operations with a New Brand of Potato Chips

Atlantic Grupa Expands Its...

Atlantic Grupa has recently signed a strategic cooperation agreement concerning the segment of salty sn...

World Potato Congress Inc. Appoints Three New Directors

World Potato Congress Inc....

David Thompson, President CEO, World Potato Congress Inc. (WPC Inc.) announced the appointment of Mr....

ConAgra Foods Lamb Weston Completes USD200 Million Expansion

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ConAgra Foods, Inc joined with community and civic leaders to celebrate the completed expansion of its ...

Ishida Introduces Fast Snack Packing Solution

Ishida Introduces Fast Sna...

Ishida Europe has introduced single and twin high speed snacks packing systems, comprising either a 14-...

Ishida Reveals Ultrasonic Technology

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Ishida Europe has introduced ultrasonic technology into its Atlas range of bagmakers.

Florigo delivers 500th Steam Peeler

Florigo delivers 500th Ste...

Florigo has recently delivered its latest steam peeler technology to a large vegetable processor in Fra...

Lay's "Do Us A Flavor" Contest Finalists Announced

Lay's Do Us A Flavo...

Lay's potato chips, one of the brands from PepsiCo (http:/...

New Vertical Z Conveyor to Be Introduced at PackExpo

New Vertical Z Conve...

Dynamic Conveyor is introducing a vertical z-style conveyo...

Lay's Launches Football-Themed Flavours

Lay's Launches Footb...

Video  The leading potato chip brand from PepsiCo India la...

UK Ingredients Firm Targets Booming Food Market in Asia

UK Ingredients Firm ...

UK-based food coatings specialist Bowman Ingredients has a...

 Kiremko’s Sliver Remover Gets Upgraded

Kiremko’s Sliver Re...

The Kiremko sliver remover has undergone a major innovatio...

BioSafe Systems Introduces Complete Potato Storage Protection Programme

BioSafe Systems Intr...

Following research and development, BioSafe Systems offers...

Future Proofing Cheshire Potatoes

Future Proofing Ches...

Cheshire potato growers gathered at Aston Grange Farm near...

Sophisticated Potato Inspection

Sophisticated Potato...

Improvements in sorting machinery are aimed at many grower...

McCain Foods to Help Monitor Potato Crops with Drones

McCain Foods to Help...

Global potato processor McCain Foods is using drone techno...

Open Farm Sunday 2014 Review

Open Farm Sunday 201...

Farmers and their helpers celebrated this weekend the posi...

PinguinLutosa has announced that it has signed a "principle" agreement with GIMV regarding the full acquisition of Scana Noliko.

Scana Noliko is an internationally active food products company that is growing rapidly. Besides the processing of harvest-fresh vegetables and fruit, it is also active in the preparation of convenience food products such as soups, sauces, dips and pasta dishes.

This is being commercialised under private label and own brand in cans, glass jars or flexible packaging. There are 2 establishments in Bree and Rijkevorsel, Belguim, employing 563 people in total.

This acquisition again represents a major step forward for PinguinLutosa, extending its product range with high quality preserved foods in can or glass jars. The strengths of Scana Noliko in agro, production, technology and R&D, in combination with the extensive commercial network of PinguinLutosa, complement each other perfectly and strengthen the organisation of PinguinLutosa even further.

For the current financial year 2010-2011 (ending on 31 March 2011) Scana Noliko is expecting a turnover of more than €180 million, with an EBITDA margin of approximately 13 percent. The previous financial year closed with a net profit of €9.9 million. Due to the outstanding track record of Scana Noliko and the quality of the organisation, a smooth integration is expected, in which Scana Noliko will continue to receive sufficient
autonomy and resources in order to continue to develop successfully in the future and by which economies of scale and scope will be pursued.

Hein Deprez, Managing Director: "The acquisition of Scana Noliko consolidates and facilitates our relationship with the farmers in one of our most important agricultural regions, i.e. Limburg-Haspengouw, where PinguinLutosa currently had relatively low representation. With this acquisition we take an important new step in the further expansion of PinguinLutosa as an important food group, of which preserved foods in cans or glass jars are a good, stable supplement to the existing product range.

"This all relates to a clear profiling of PinguinLutosa as an international food group with solid Flemish roots, which aims to optimise and stabilise the results of the entire group."

The transaction - which still needs the approval from the competition authorities and is subject to the fulfilment of a number of conditions - is expected to be completed before 30 June 2011.

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Latest Events

Jul 27th 2014 - Jul 31st 2014
The Potato Association of America 2014 Annual Meeting
Aug 7th 2014 - Aug 7th 2014
Potatoes in Practice
Sep 3rd 2014 - Sep 4th 2014
Potato Europe
Nov 23rd 2014 - Nov 25th 2014
Interpom
Jun 10th 2015 - Jun 15th 2015
Snackex
Jul 28th 2015 - Jul 30th 2015
9th World Potato Congress

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