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IFF to pay $7.1 billion for Frutarom

IFF to pay $7.1 billion for Frutarom

10 May 2018

International Flavors & Fragrances (IFF) and Frutarom have announced that they have entered into a definitive agreement under which IFF will acquire Frutarom in a transaction valued at approximately $7.1 billion.

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Kerry reports 1Q 3.7% growth in volumes

Kerry reports 1Q 3.7% growth in volumes

9 May 2018

Kerry Group has issued its Q1 Interim Management Statement. The company reported a 3.7% growth in business volumes, with Taste & Nutrition growing 4.3%; and Consumer Foods +1.6%.

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Arla enters breakfast food-to-go market

Arla enters breakfast food-to-go market

9 May 2018

Arla Foods is set to launch into the breakfast food-to-go market with the introduction of its new Milk & Oats range of ready to drink beverages.

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Mainstream trends transforming the sports nutrition market

Mainstream trends transforming the sports nutrition market

9 May 2018

Mainstream consumers have become more interested in sports nutrition, bringing better flavour and more diverse ingredients to the sports nutrition sector.

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Maxfry gets a boost from new EU acrylamide limit

Maxfry gets a boost from new EU acrylamide limit

9 May 2018

Maxfry ingredients improve stability and performance in vegetable oils used for deep frying – but recently interest has spiked among those looking to cut acrylamide, as a new European limit has come into force.

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Food ingredients South America dates, location announced

Food ingredients South America dates, location announced

8 May 2018

Food ingredients South America (FiSA) will take place in São Paulo, Brazil from 21-23 August, welcoming more than 9,000 visitors and over 700 domestic and international suppliers.

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Raisio reports satisfactory 1Q sales, EBIT

Raisio reports "satisfactory" 1Q sales, EBIT

8 May 2018

Raisio has reported first quarter sales of €67.8m, down slightly on the previous year. EBIT also declined slightly. The company described this as “satisfactory”.

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FAO reports April food prices flat vs. March

FAO reports April food prices flat vs. March

8 May 2018

The FAO Food Price Index (FFPI) averaged 173.5 points in April 2018, nearly unchanged from March but up 2.7% from the corresponding period last year.

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Study shows Echishield enhances immune function

Study shows Echishield enhances immune function

7 May 2018

A new study is said to indicate that Echishield, an-all natural echinacea ingredient, enhances immune function, restoring stress-induced changes to levels similar to those in healthy controls.

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Eurofins to acquire Covance Food Solutions

Eurofins to acquire Covance Food Solutions

7 May 2018

Global life sciences company LabCorp has announced that it has entered into a definitive agreement under which Eurofins Scientific will acquire the Covance Food Solutions business from LabCorp for $670 million.

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Novozymes grows in line with expectations

Novozymes grows in line with expectations

4 May 2018

The company says it is well in line to deliver on its full-year sales growth outlook of 4-6%, and margins are said to be strong despite a significant currency headwind.

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Aleph Farms announces 'significant' clean meat advances

Aleph Farms announces 'significant' clean meat advances

4 May 2018

Clean meat company Aleph Farms is announcing what it believes are two significant advances in the production of clean meat: expanding the composition of the meat itself and growing it in a more structured way.

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