Latest news in the food and nutraceutical industry
Mergers & Acquisitions
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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