Wednesday, 02 September 2015

Multiple honors for Dr Neil Gudmestad at World Potato Congress in Beijing

Multiple honors for Dr Neil Gudmestad at World Pot...

  North Dakota State Plant Pathologist Dr. Neil Gudmestad was honored at the World Potato Congres...

China makes global commitment to the potato

China makes global commitment to the potato

China's commitment to the potato was very publicly and internationally demonstrated when it hosted t...

The PAA held their annual meeting in Portland, USA

The PAA held their annual meeting in Portland, USA

The Potato Association of America held their 99th Annual Meeting during July 19-23, 2015 in the east...

TOMRA wins design award for its common user interface

TOMRA wins design award for its common user interface

  TOMRA’s Common User Interface (CUI), designed by TOMRA Sorting Solutions (TOMRA) and Design Partners...

TOMRA Sorting Food signs new contracts at World Potato Congress

TOMRA Sorting Food signs new contracts at World Potato ...

  TOMRA Sorting Food has welcomed two new Chinese customers into the fold during a signing ceremony at...

The constant changes in Asian potato chips

The constant changes in Asian potato chips

  Over the last four centuries, the potato has come a long way from the American Andes. Since its cult...

Alternative processing technologies on program at PROCESS EXPO

Alternative processing technologies on program at PROCE...

  The Food Processing Suppliers Association has released the details of four sessions of the education...

The sharp edge of the job

The sharp edge of the job

  Product perfection starts before the processing. It is maintained in the processing plant but only e...

Efficient drying pays off

Efficient drying pays off

  When it comes to drying potatoes, regardless of the type of end product one may have in mind, there ...

McCain Australia has new range of frozen potato wedges

McCain Australia has...

  McCain Australia has recently launched the new wedges ‘...

Tolsma-Grisnich and Kiremko, partnership for a new plant in China

Tolsma-Grisnich and ...

  Strategic partners Tolsma-Grisnich and Kiremko recently...

Utz Quality Foods launches Specialty Division

Utz Quality Foods la...

Utz Quality Foods, Inc. has recently announced the culmina...

Potatoes are back on WIC, a nutritional program for women, infants and children in USA

Potatoes are back on...

The National Potato Council (NPC) from USA succeeded to put ...

Exclusive interview with the director of Urschel Laboratories, Inc: The Urschel team is a very strong one

Exclusive interview ...

What began with one man's invention more than 100 years ago ...

4th Symposium of Potato Cyst Nematode Management

4th Symposium of Pot...

  The 4th Symposium of Potato Cyst Nematode Management wi...

UK Potato Council says it is a record year for seed potato exports

UK Potato Council sa...

  Seed potato exports are booming, with the latest figure...

Indian Government will procure 6,600 tones of potato from farmers

Indian Government wi...

The State Government announced its decision to procure 6,6...

Company launches a new solution for potato sprouting

Company launches a n...

  BioSafe Systems announces the introduction of ARRET Spr...

Seed Industry Event conference tackles key industry concerns

Seed Industry Event ...

The recent Seed Industry Event, organized by British Potato ...

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.

Digital edition




Click or tap to download the digital magazine
for your tablet or mobile device.
Instructions available here.

 x 
Cart empty

Events Calendar

Last month September 2015 Next month
S M T W T F S
week 36 1 2 3 4 5
week 37 6 7 8 9 10 11 12
week 38 13 14 15 16 17 18 19
week 39 20 21 22 23 24 25 26
week 40 27 28 29 30

Latest Events

Sep 2nd 2015 - Sep 3rd 2015
PotatoEurope 2015
Sep 15th 2015 - Sep 18th 2015
PROCESS EXPO
Sep 28th 2015 - Sep 30th 2015
PACK EXPO

Trade Media Solutions S.R.L. | 1-5 G-ral David Praporgescu Str., 1st Floor, District 2, 020965 Bucharest, Romania.
Tel: +40 (0) 21 31 590 31  | E-mail: office@mediatrade.ro