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Spanish sausage case maker Viscofan said on Monday it had accepted a 55.5 million euro ($69 million) takeover bid for its IAN canned tomato unit from private equity firm Portobello Capital Gestion. Viscofan will receive an initial cash payment of 50 million euros and an additional 5.5 million euros three years after the close of

Global food processing giant Heinz is said to be planning to carry out major investments in one of its Polish production plants. Heinz, now controlled by 3G Capital and Berkshire Hathaway, is going through a restructuring process. Some reports had earlier suggested that, as part of the scheme, Heinz could be withdrawing from Poland. However,

Four manufacturers of double concentrated tomato paste have increased their prices without informing the Ministry of Commerce or warn the consumers. Since the beginning of October 2014, consumers have noticed an increase of 100-260 Millimes price of double concentrated tomato in 4/4 (800 gr) tins. In February 2014, the price of the tin of double

The South-Kazakhstan tomato processing factory has restarted its production, with the output of 600 MT per day. Production facilities of the factory allow processing of raw materials and production of tomato paste concentrate. The tomato processing factory in the Arys region of South Kazakhstan was built and commissioned in 2009. Italian equipment was installed. By

  Chinese paste 36/38 % : almost 100 € / MT. more expensive in Europe in 4 months !! Based on the same price in US$ on FOB China basis, the cost of Chinese paste 36/38 % is 93 € / MT. more expensive (+ 12 %) as shown in the small table here below : MAY 2014

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