07 Feb 2020 --- This week in acquisition news, the Iberchem Group completed the acquisition of Flavor Inn Corporation and Duomei, two flavor companies located in Malaysia and China respectively, while Constellation Brands acquired a minority stake in Press Premium Alcohol Seltzer. Meanwhile, FoodDrinkIreland (FDI) welcomed a €200 million (US$219 million) capital investment scheme, in the same week the Ibec group that represents the sector also said that any future trading relationship with the UK must be underpinned by a comprehensive trade deal with no tariffs. World food prices rose for the fourth consecutive month in January, according to the Food and Agriculture Organization (FAO) Food Price Index, and Bowman Ingredients revealed an £8 million (US$10.3 million) investment in a new European manufacturing facility.
