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Echo adds three new food companies to its portfolio

Echo adds three new food companies to its portfolio

13 Jul 2017

Echo Capital Group - a company that focuses its investments on consumer products that resonate with millennials - has added three new food companies to its portfolio: Back to the Roots, Nona Lim, and Wilde Brands.

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Givaudan to acquire Dutch ingredients supplier to expand naturals offering

Givaudan to acquire Dutch ingredients supplier to expand naturals offering

12 Jul 2017

Givaudan is acquiring Vika of The Netherlands to strengthen its portfolio of natural dairy solutions. Vika offers a range of natural dairy ingredients, fonds and stocks, as well as meat and plant based extracts.

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Agrana to invest €92m in doubling Austria starch production

Agrana to invest €92m in doubling Austria starch production

12 Jul 2017

AGRANA is to double the production capacity of the wheat starch factory in Pischelsdorf, Lower Austria. The total investment volume will amount to €92 million.

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Bühler opens extended centre, hosts first Bakery Expert Conference

Bühler opens extended centre, hosts first Bakery Expert Conference

12 Jul 2017

Bühler used the opening of its extended and modernised Bakery Innovation Center at its headquarters in Uzwil as an occasion to hold the first Bakery Expert Conference in the German-speaking countries.

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Agropur Ingredients broadens, makes changes to business structure

Agropur Ingredients broadens, makes changes to business structure

11 Jul 2017

U.S.-based Agropur Ingredients has announced a broadening of the ingredients business of Agropur Cooperative. Under the new structure, Agropur Ingredients will be comprised of three sectors.

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GELITA innovation recognised at 4th German SME Summit

GELITA innovation recognised at 4th German SME Summit

11 Jul 2017

GELITA has been welcomed into the select circle of innovation leaders among small to medium-sized companies in Germany at an award ceremony of the 4th German SME Summit in Essen.

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Microbiome-health management company raises $12 million

Microbiome-health management company raises $12 million

11 Jul 2017

Microbiome-health management company DayTwo has completed a $12.0 million Series A round of financing through Johnson & Johnson Innovation, Seventure Partners' Health for Life Capital fund, Mayo Clinic, and co-founder Marius Nacht.

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Nestlé commits to 10% sugar reduction in cereals by end of 2018

Nestlé commits to 10% sugar reduction in cereals by end of 2018

10 Jul 2017

Nestlé Breakfast Cereals, made by Cereal Partners Worldwide, is committing to reduce a further 10% in the average sugar content across its cereal range by the end of 2018.

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Mintel: 2016 saw 13 billion litres of ice cream sold

Mintel: 2016 saw 13 billion litres of ice cream sold

10 Jul 2017

Ice cream saw global sales of 13 billion litres in 2016 with India, Indonesia and Vietnam among the fastest growing markets, according to new research from Mintel.

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Edlong Dairy Technologies awards Feeding Tomorrow scholarships

Edlong Dairy Technologies awards Feeding Tomorrow scholarships

10 Jul 2017

Edlong Dairy Technologies has awarded Feeding Tomorrow scholarships to Abbey Thiel and Savannah Branson. Since 2012, the company has awarded thousands of dollars in scholarship money to students pursuing a degree in food science.

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Nestlé to invest CHF17 million in Uruguayan operations centre

Nestlé to invest CHF17 million in Uruguayan operations centre

7 Jul 2017

Nestlé has announced it will invest nearly CHF17 million in a new operations centre in Uruguay to better support customers locally. The new location will include a production plant and a distribution centre.

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Frutarom completes acquisition of BSA for US$2 million

Frutarom completes acquisition of BSA for US$2 million

7 Jul 2017

Frutarom has exercised its option for the purchase of the remaining 5% balance of share capital of Les Ingredients Alimentaires BSA of Canada for approximately US$2 million.

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