business news

14 Jun 2019
--- Barentz International has entered into a joint venture with TasteStrik, a Dutch family business and a leading developer, producer and supplier of high-quality flavorings and ingredients for the bakery, cereal, chocolate,... Read More
14 Jun 2019
--- Product substitution and repositioning, such as the use of a “Brand Britain” marketing approach will be key platforms for UK companies to survive and thrive in a post-Brexit environment. But there is generally... Read More
04 Jun 2019
--- The Brenntag Food & Nutrition business unit in North America, part of the Brenntag Group, has entered a new agreement with AB Enzymes, Inc., for the distribution of a range of enzymes in the US and Canada. As an... Read More
04 Jun 2019
--- Prinova’s takeover by Japanese chemical trading firm Nagase will bring both geographical and portfolio expansion opportunities for the US-headquartered distributor, with few fears existing about the company and brand... Read More
03 Jun 2019
--- Nature-based ingredient supplier CP Kelco is investing in the expansion of its gellan gum production capacity to support growth in the Asia-Pacific region. Scheduled to break ground in July, the expansion project will build... Read More
27 May 2019
--- Agri-food technology investor Finistere Ventures is joining forces with equity crowdfunding investment platform OurCrowd and two food & beverage companies to create the largest consortium focused on championing food-tech... Read More
27 May 2019
--- DKSH Business Unit Performance Materials has acquired Dols International, a specialty chemicals distributor based in the Netherlands. This transaction is in line with DKSH’s accelerated acquisition strategy,... Read More
27 May 2019
--- Ardent Mills is launching a new set of capabilities within the existing mill in the popular River North Art District (RiNo) of Denver, Colorado. The mill’s new processing “muscle” will directly support The... Read More
24 May 2019
--- Food science company Motif Ingredients has been selected as one of only 20 start-ups to partner with MISTA, Givaudan’s new innovative platform that aims to bring all aspects of the food system together to address... Read More
23 May 2019
--- Wild Earth, Inc., a start-up reinventing pet food with biotech, has closed its Series A with an investment of US$11 million led by VegInvest, a venture capital firm supporting early-stage companies striving to replace the... Read More
22 May 2019
--- Private label brands are at the forefront of innovation and diversification, with retailers able to explore interesting concepts and get them onto their shelves in a short time frame. This is according to Alexander Lichter,... Read More
17 May 2019
--- Cargill will break ground in June on the construction of a state-of-the-art pectin plant in Bebedouro, Brazil, with a completion date by end of 2021. It will produce HM pectin, a versatile texturizing agent derived from... Read More
10 May 2019
--- Frutarom’s legacy health & nutrition business is being touted as a significant growth engine for the company, with no concerns that it may be offloaded amid the ongoing integration into International Flavors &... Read More
09 May 2019
--- The SternWywiol Group is eyeing new opportunities within the plant-based field, with further innovation likely to follow on from the highly innovative concepts presented at IFFA in Frankfurt this week (May 4-9). According to... Read More
08 May 2019
--- Frutarom Savory Solutions’ (FAS) incorporation under the IFF (International Flavors & Fragrances) banner presents new global expansion opportunities, as well as technical synergies through the exposure to... Read More
02 May 2019
--- Kerry has reported a “solid” start to 2019 with overall business performance in line with expectations in the first quarter. The company reported a 10.3 percent increase in revenues in the first three months of... Read More
30 Apr 2019
--- Butternut Box, a London-based fresh dog food business, has raised £15 million (US$19.4 million) of new investment in a round led by European venture capital firms Five Seasons Ventures and White Star Capital. Existing... Read More
26 Apr 2019
--- Ingredion is leading a Series B funding round in Clara Foods, a San Francisco-based biotech start-up. Under the terms of the agreement, Ingredion will partner with Clara Foods to globally distribute and market multiple... Read More
25 Apr 2019
--- Tyson Foods has reportedly sold its 6.5 percent stake in vegan burger maker Beyond Meat, as the US’ largest meat processor sets out to develop its own line of alternative protein products. The news comes in the same... Read More
25 Apr 2019
--- Blockchain technology may struggle to evolve from being primarily a B2B supply chain tool to truly entering the B2C space, where the risk of overwhelming consumers with data is large. “The notion of where something... Read More