Latest News in the food Industry
Mergers & Acquisitions
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
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
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
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
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
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
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
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
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?
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
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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