Kellogg’s eyes up snack firms in Russia and beyond
Kellogg’s management has revealed its future acquisition strategy is to pursue international snack firms and increase its presence in Russia, Turkey and China and surrounding regions.
Fats facility opens up major supply of healthier oils
IOI-Loders Croklaan claims to be ushering in a new era of healthier oils and fats with the opening of its new plant, which uses enzymatic technology to interesterify oils and hone their properties in food products.
Nestlé further expands its Russian presence
Nestlé has said it intends to build a new CHF60m (€43.15m) factory in Russia to produce a range of food products under its Maggi brand.
Buhler buys flour improvement business in China
The Buhler Technology Group has acquired a Chinese specialist in flour improvement products to extend the range of services it offers clients in the country.
Dairy Crest has sold the bulk of its stake in Irish milk, cheese and cream maker Wexford Creamery to help pay off debts and reduce its exposure to “volatile commodity markets”.
Symrise and partner to increase L-menthol production
Symrise is planning a major increase in its capacity of synthetic menthol as demand from confectionery and oral care sectors is surging, especially in emerging markets.
Benelux ingredients firms combine for EU growth
Two Benelux-based food ingredients groups, Sfinc and Jadico, have joined forces in pursuit of Europe-wide external growth.
Jim May recognised for a life in stevia
Long time stevia patron Jim May has been awarded a lifetime achievement award for his contribution to the burgeoning industry at the Stevia World Europe conference in Geneva.
National Starch extends native starch range for low to moderate process tolerant systems
National Starch has developed a new native starch for use in products where processing rigours are low to moderate, and with a clean taste profile that makes it suitable for neutral sauces and soups.
Swiss food group Aryzta buys US bakeries
Swiss food group Aryzta announced today that it has bought two US bakery companies in separate deals worth a combined $1.08bn as a trading statement for the the nine months to the end of April show its sales in the period were down almost nine per cent.
Real Good Food expands to exploit bakery niche
A leading UK bakery, sugar and ingredients company is set to open a new factory this month to develop a larger range of artisan bakery goods which were identified as the source of strong first half performances in 2010.
The acquisition of National Starch appears to be off the agenda at Tate & Lyle, with the firm now "set to fall into enemy hands", according to analysts at Investec Securities.
Volac rebrands whey protein for sports drinks
Volac is rebranding its heat stable whey protein as ‘Volactive Hydrapro’, aimed at sports nutrition, to emphasise the benefits of hydration combined with protein.
Chr Hansen makes IPO today
Chr Hansen is making its initial public offering on the NASDAQ OMX Copenhagen today; with shares priced at DKK90, net proceeds of DKK3152m are anticipated.
BASF to start supplying mint flavour L-Menthol
BASF is constructing what it calls the world’s largest plant for the mint aroma L-Menthol, which it will start to supply as a flavouring agent to the global food, cosmetics and pharmaceutical markets.