< Previous50 Food & Drink International www.fdiforum.net FoodandDrinkInternational@fdiforum company/fdiforum Once more Food & Drink International provides your ultimate guide to the industry – making sure you’re informed on what’s going on and looking closer at what’s happening. Don’t forget to keep up to date via www.fdiforum.net! Online this month… www.fdiforum.net is the best place to go for up-to-date food and drink industry news. Here’s a sneak peek at one of our latest stories. Unilever to sell tea business for €4.5bn Unilever has entered into an agreement to sell its global Tea business, ekaterra, to CVC Capital Partners Fund VIII for €4.5 billion on a cash-free, debt-free basis. ekaterra has a portfolio of 34 brands including Lipton, PG tips, Pukka, T2 and TAZO®. The business generated revenues of around €2 billion in 2020. Alan Jope, CEO of Unilever, said: “The evolution of our portfolio into higher growth spaces is an important part of our growth strategy for Unilever. Our decision to sell ekaterra demonstrates further progress in delivering against our plans. “We are proud of the place that our Tea business has in our company’s history. We look forward to seeing ekaterra, with its strong brands and global footprint, prosper under CVC Fund VIII’s ownership. I would like to thank our Tea colleagues around the world for their passion and commitment to our Tea business and wish them well for the future.” Diary Food & Drink December 30 Nov – 1, TEKMAR, Trondheim, Norway 1-2, Packaging innovations & luxury packaging, Olympia London 6-8, Middle East Organic and Natural Product Expo, Dubai 7-9, SIAL Middle East, Abu Dhabi January 2022 25 – 27, IPPA, Atlanta, USA 30 – 2 Feb, Prosweets, Cologne February 2022 9 – 11, Fruit Logistica, Berlin 10, Food Safety Europe, London 13 – 17, Gulfood, Dubai 19 – 22, AFFI-CON, Dallas, USA Stay in touch with Food & Drink International For more up to the minute information from the food and drink industry, visit Food & Drink International online at www.fdiforum.net. Keep up to date with Food & Drink International, and let us know what you think, by following us on Twitter at @fdiforum, at www.facebook.com/FoodandDrink International or by searching for fdiforum on LinkedIn. 50.qxp_Layout 1 22/11/2021 12:43 Page 1Individually selectable: 256 colours Measurement in progress Sensor switching Process malfunction We bring colour into view! Compact pressure sensors and switches with 360° custom-colour status display www.vega.com/vegabar £345 VEGABAR 39 Clamp 1" 15 c m Adjustment via smartphone Hygienic adapter system Compact design 51.qxp_Layout 1 22/11/2021 11:50 Page 1T ELE CO M S D RIN K S DISPDDDENSE O E M C OMPMRE S S ED A I R PL UMLU MM BINGBINGBINGBING &&&&&&& HEATHEAT INGINGING A U T O M O TI V E Discover how our pioneering push-fit technology is making connections across many sectors. As well as our pivotal role in plumbing, our innovation has led to the world’s first push-fit system for compressed air, OEM and telecoms, as well as trusted solutions for many global brands from Heineken to Ferrari. Thank you to all our customers for helping us reach our 60th anniversary. Here’s to the future. rwc.com/johnguest Transforming the way we connect 1961 RWC12038_Generic_Food_&_Drink_OBC_277x190_July_AW.indd 122/06/2021 17:00 52.qxp_Layout 1 22/11/2021 11:50 Page 1Next >