Latest News in the food Industry

Mergers & Acquisitions 

Will we see a wave of NPD that focuses on insulin management?

Will we see a wave of NPD that focuses on insulin management?

1 Oct 2024

As a new study finds protein and fats can help manage insulin, food manufacturers are building on emerging GLP-1 platforms and supporting nutritional guidance.

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Mars acquires Pringles manufacturer Kellanova in $35.9 billion deal

Mars acquires Pringles manufacturer Kellanova in $35.9 billion deal

28 Aug 2024

Kellanova, a major player in the snacking industry, has been acquired by Mars, Incorporated. The acquisition aims to broaden Mars's portfolio to a wider range of snacks, thus strengthening its market position.

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Nestlé develops a new fat reduction method for dairy ingredients

Nestlé develops a new fat reduction method for dairy ingredients

26 Aug 2024

A Brazil-based Nestlé research and development team has developed a way to reduce the fat in milk powder by as much as 60%, without impacting the key characteristics that consumers enjoy.

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Rethinking funding for food technology

Rethinking funding for food technology

28 Jun 2024

The landscape of foodtech investment is evolving. With the need for long-term investment perspectives, what are the most effective strategies driving the next wave in foodtech innovation?

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Tate & Lyle to acquire CP Kelco in $1.8bn deal

Tate & Lyle to acquire CP Kelco in $1.8bn deal

24 Jun 2024

Tate & Lyle has announced plans to acquire the hydrocolloid and pectin supplier, CP Kelo, in a deal worth $1.8 billion.

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Roquette to acquire IFF Pharma Solutions in $2.85bn deal

Roquette to acquire IFF Pharma Solutions in $2.85bn deal

14 Jun 2024

Roquette's acquisition of IFF Pharma Solutions, which makes excipients, flavours, and functional ingredients, will strengthen its position in the health and nutrition markets, it says.

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Chobani expands drink presence with La Colombe acquisition

Chobani expands drink presence with La Colombe acquisition

16 Jan 2024

Greek yoghurt giant Chobani has purchased US coffee brand La Colombe Coffee Roasters for $900 million, furthering its expansion into beverage categories like coffee, oat milk, creamer and ready-to-drink offerings.

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Smuckers, Hostess deal latest food industry mega merger

Smuckers, Hostess deal latest food industry mega merger

2 Oct 2023

The J.M. Smucker Co. is to acquire fellow American snack company Hostess Brands for approximately $5.6 billion, following several other high-profile mergers in food and snacks so far in 2023.

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Kraft Heinz takes on Latin America with e-commerce platform

Kraft Heinz takes on Latin America with e-commerce platform

3 Apr 2023

The Kraft Heinz Company is teaming up with BEES, an e-commerce platform owned by AB InBev, to leverage its distribution network in untapped regions, such as Latin America.

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Could the EU-Mercosur trade deal be revived?

Could the EU-Mercosur trade deal be revived?

14 Dec 2022

The re-election of Luiz Inácio da Silva, or Lula, as president of Brazil has prompted speculation that the free-trade agreement between the EU and South American Mercosur bloc could be revived – but the European farming sector has concerns.

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Novozymes and Chr. Hansen to merge

Novozymes and Chr. Hansen to merge

13 Dec 2022

Danish enzyme suppliers Novozymes and Chr. Hansen are to merge in a strategic alliance that will "show the world the true power of biosolutions", according to the CEO of the continuing company, Novozymes.

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