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18 Jun 2021
--- Kerry Group has agreed to sell its Consumer Foods’ Meats and Meals business in the UK and Ireland to Pilgrim’s Pride for a cash consideration of €819 million (US$976 million). The transaction is expected to... Read More
18 Jun 2021
--- Oterra, formerly known as Chr. Hansen Natural Colors, plans to continue its “strong” growth acceleration by acquiring Diana Food’s natural food coloring business. Financial details of the deal have not yet... Read More
18 Jun 2021
--- This week in industry news, Kraft Heinz revealed an agreement to purchase Assan Foods, an Istanbul-based company. The Global Shea Alliance implemented a pilot project for developing resilient shea, and Nestlé’s... Read More
18 Jun 2021
--- The scope of “better-for-you” offerings is broadening, which consistently challenges food developers to identify new functional solutions to meet the evolving demands for products free of artificial additives,... Read More
18 Jun 2021
--- Exports of food and drink to non-EU markets topped sales to the EU in the first quarter of 2021, with EU sales falling by 47 percent compared with Q1 2020, as a result of the on-going impacts of COVID-19 and changes in the... Read More
17 Jun 2021
--- Firmenich has joined the UN Global Compact CFO (Chief Financial Officer) Taskforce, the first-ever global initiative promoting sustainable corporate finance and scalable investments to pursue the UN’s Sustainable... Read More
17 Jun 2021
--- New York-based RIND has closed a US$6.1 million Series A capital raise led by Valor Siren Ventures (VSV), an early-stage investor in sustainability, food technology and retail, along with a follow-on investment from Melitas... Read More
17 Jun 2021
--- Motif FoodWorks has raised US$226 million in Series B funding, the largest food-tech raise to bring transformative plant-based food technologies to market. Speaking to FoodIngredientsFirst, Michael Leonard, Motif... Read More
15 Jun 2021
--- Chobani is disrupting the yogurt space with a major US launch which sees the dairy specialist eliminate the sugar in milk. The strained yogurt expert has developed what it considers an “industry first” and... Read More
15 Jun 2021
--- Nespresso has begun the construction of its expansion of the company’s production center in Romont, Switzerland. The first new production lines are expected to be fully operational by June 2022. The CHF160 million... Read More
15 Jun 2021
--- More than half of US consumers are willing to pay a premium for clean label ready meals and want to learn about technologies that help limit the number of additives and preservatives needed. This is according to a survey and... Read More
15 Jun 2021
--- While sustainability and planetary health are key considerations for the modern, conscious individual, there can be regional differences among what consumers are specifically concerned about. Innova Market Insights... Read More
15 Jun 2021
--- Reaffirming chocolate’s universal appeal, a new survey from Cargill has revealed most US consumers indulge in a chocolate-flavored treat every day. Viewed as a reward, mood lifter, energy booster and the secret to... Read More
14 Jun 2021
--- The clean label movement epitomizes industry’s global targets to slash the artificial out of food’s “laundry list” of ingredients. It is propelled by the market appeal of “all natural,”... Read More
14 Jun 2021
--- Corbion has upgraded its Listeria control model to increase speed-to-market and accuracy of food safety measures. Enhancements to the Corbion Listeria Control Model (CLCM) add to its robustness and make it easier to... Read More
14 Jun 2021
--- Scientists have developed a novel way to use plastic waste as a food industry resource by converting post-consumer PET into vanillin via a series of chemical reactions. The team from the University of Edinburgh, UK,... Read More
14 Jun 2021
--- UK-based plant-based food brand Meatless Farm has launched its debut retail investor funding round with crowdfunding platform Crowdcube to fund expansion and work toward being a regenerative company. The company will... Read More
11 Jun 2021
--- One-third (33 percent) of consumers admit to snacking more when people aren’t around, according to a new study commissioned by Glanbia Nutritionals. With more workers returning to the office, the survey of 2,000 UK... Read More
11 Jun 2021
--- Symrise has unveiled its new development, application and sensory laboratories in Dubai. The company has invested around €1 million (US$1.2 million) into the facilities to decode, design and deliver taste solutions for... Read More
11 Jun 2021
--- This week in industry news, AAK and Mars committed to a ten-year sustainable shea initiative to empower women in West Africa. Meanwhile, Yum China reinforced its climate action efforts, and Mondelēz International was... Read More
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