Latest News in the food Industry
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Bloomberg: Nestlé to sell U.S. confectionery unit
2 Jan 2018
According to a report by Bloomberg, Nestlé aims to sell its U.S. confectionery unit by the end of March as Chief Executive Officer Mark Schneider seeks to clinch his first major divestment at the world’s largest food company.
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Cargill intros "lowest saturated fat" high oleic canola oil
30 Dec 2017
Cargill has introduced what it claims is the lowest saturated fat, high oleic canola oil available to commercial food customers worldwide.
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Valeo acquires Raisio's UK, Czech confectionery business
30 Dec 2017
Raisio has divested its confectionery business in the UK and Czech Republic to Valeo Foods. The enterprise value of the transaction is €100 million, with the equity value of the deal paid by the buyer €77 million.
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DSM acquires BioCare Copenhagen
30 Dec 2017
DSM has acquired BioCare Copenhagen. With the acquisition, DSM expands its offering in gut health ingredients with probiotics, which it believes is an attractive market segment.
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Cargill partners with Techstars, Ecolab on Farm to Fork Accelerator
29 Dec 2017
Because new technologies can lead the way to a safer, more secure and sustainable food supply, the company believes, Cargill is partnering with Techstars and Ecolab to create the Techstars Farm to Fork Accelerator.
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DuPont contributes to discussion on plant-based sources for health
29 Dec 2017
DuPont Nutrition & Health contributed its voice to a recent journal article published in the American Society for Nutrition’s Current Developments in Nutrition on the healthy diet advantages of plant-based sources.
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Researchers turn yogurt waste into fuels, feed additives
29 Dec 2017
Researchers in the United States and Germany have found a way to use bacteria to turn the leftover sugars and acids from Greek yogurt into molecules that could be used in biofuels or safe feedstock additives.
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Frutarom makes it a round dozen for the year
28 Dec 2017
Frutarom is to purchase 51% of the shares of the Brazilian company Bremil Indústria, said to be the top producer of savoury solutions in Brazil, at a company value of approximately $73 million.
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Lycored research: tomatoes perceived as healthy
28 Dec 2017
Tomatoes have a powerful association with health and are seen as the star ingredient of the Mediterranean Diet, research by Lycored has shown.
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Greenyard in advanced negotiations to acquire Dole
28 Dec 2017
Greenyard has announced that it is in advanced negotiations to acquire Dole Food Company. At this stage, Greenyard notes that a definitive agreement has not been reached.
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Frutarom closes acquisition #11
22 Dec 2017
Frutarom has signed an agreement for the purchase of 99.96% of the shares in the Polish company Pollena-Aroma for approximately $8.5 million (approx. €7.2 million).
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Arla, DMK sign mozzarella manufacturing deal
22 Dec 2017
Arla Foods and German dairy company DMK have signed a third-party manufacturing contract that will see DMK produce 35,000 tons of mozzarella cheese for Arla per year.
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