Latest News in the food Industry
Market News
DSM reports "good" year
18 Feb 2020
DSM has reported what it describes as a good year. Group sales were up 2%; adjusted EBITDA was up 10%.
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Brenntag opens Padua site
14 Feb 2020
Brenntag Food & Nutrition has opened a new site in Padua, Italy; a new location housing operational and administrative workplaces and executive offices incorporating Chimab Spa.
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Unilever to exit tea business?
3 Feb 2020
Unilever has announced its financial results for 2019, reporting sales growth of 2.9%, operating margin up by 50bps and EPS up 8.1%.
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Olam completes reorganisation
23 Jan 2020
Global food and agri-business Olam International has announced that, building on its Strategic Plan, as set out in January 2019, it has completed the exercise with independent financial advisors to explore options to unlock and maximise the company’s ...
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Innova: how trends will affect sweets, snacks
22 Jan 2020
Having announced its Top Ten Trends for 2020 towards the end of last year, Innova Market Insights is now turning its attention to how these trends are impacting on the sweets and snacks categories.
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Tyson launches Coalition for Global Protein
22 Jan 2020
Tyson Foods has announced the creation of the Coalition for Global Protein, a multi-stakeholder initiative to advance the future of sustainable protein.
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F&B M&A activity up 41% on 5 years ago
21 Jan 2020
2019 broke records again for the number of food and drink transactions around the world, with 789 registered on Zenith Global's mergers and acquisitions database, an average of 15 each week.
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Campden BRI to research plant-based ingredients
17 Jan 2020
Campden BRI has begun research into developing techniques to help the food industry produce cost-effective protein-rich ingredients from plants.
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Azelis opens development kitchen
17 Jan 2020
Specialty chemicals and food ingredients distributor Azelis has opened a new Food & Health development kitchen in Sankt Augustin, Germany to specifically address the German food market.
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Food Cultures & Enzymes is bright spot for Chr. Hansen
16 Jan 2020
Christian Hansen has reported Q1 results in line with expectations. Food Cultures & Enzymes grew by 4%, Health & Nutrition declined 4% and Natural Colors declined by 1%.
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Plant-based seafood manufacturer gets $32m investment
16 Jan 2020
Gathered Foods, makers of Good Catch plant-based seafood products, has announced the closing of an oversubscribed Series B funding round, which includes two key strategic industry investors: Greenleaf Foods and 301 INC, the venture arm of General Mills...
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FAO: food prices at five year high
15 Jan 2020
World food prices rose for the third consecutive month in December, as a strong rally in vegetable oil prices drove the FAO Food Price Index to its highest level in five years.
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