Latest News in the food Industry
Market News
Givaudan reports 9-month 6.4% growth
15 Oct 2019
In the first nine months of 2019, Givaudan recorded sales of CHF 4,664 million, an increase of 6.4% on a like-for-like basis and 14.5% in Swiss francs.
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Chr. Hansen grows in "challenging" conditions
11 Oct 2019
Despite what the company describes as more challenging growth conditions, Chr. Hansen delivered a strong EBIT margin and a healthy cash flow, while also making significant progress on key strategic priorities.
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Aryzta divests frozen food business
9 Oct 2019
Baker of McDonald’s burger buns Aryzta has announced that it has received a binding offer from Invest Group Zouari (‘IGZ’) to sell the majority of its interest in French frozen foods group Picard.
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DuPont introduces line of protective cultures
8 Oct 2019
DuPont Nutrition & Biosciences has announced a new ingredient – HOLDBAC YM VEGE – as the latest addition to the DuPont Danisco HOLDBAC line of protective cultures, which the company says are known for their ability to extend shelf-life and secure the q...
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Tradin Organic opens avocado processing facility
8 Oct 2019
Tradin Organic has opened Sunvado, its new organic avocado processing facility in Ethiopia.
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Azelis to acquire Orkila
7 Oct 2019
Azelis has signed an agreement to acquire Orkila, a specialty chemicals and food ingredients distributor throughout Africa and the Middle East.
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Bell opens new UK culinary centre
4 Oct 2019
Designed to encourage creativity, target culinary innovation and focus on regional product needs, Bell Flavors & Fragrances has opened its new culinary centre and office space in the UK.
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DuPont, BY-HEALTH to collaborate
3 Oct 2019
DuPont Nutrition & Biosciences is to enter into a strategic collaboration with BY-HEALTH, a consumer health care company in China.
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GMA to become CBA
1 Oct 2019
The Grocery Manufacturers Association (GMA) is to become the Consumer Brands Association (CBA), effective January 2020.
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Arjuna to boost Investment in BCM-95 studies
27 Sep 2019
Arjuna Natural has announced that its BCM-95 (Bio-curcumin), a high-potency turmeric extract of curcumin, is now backed by 60 scientific studies.
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Firmenich acquires 17% of Robertet
27 Sep 2019
Firmenich has reached an agreement with First Eagle Investment Management to acquire the stake held by its advisory clients in Robertet, representing approximately 17% of the share capital at a price of €683.30 per security.
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Global leader in microalgae industry Algatech appoints new CEO
24 Sep 2019
Algatech has announced the appointment of Mr Doron Safrai as its new Chief Executive Officer.
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