BASF’s €3.1bn buy-out of Cognis is driven by interest in all of the German company’s three divisions – personal care, household chemical and human nutrition – but although human nutrition is the smallest part of the acquired operation, it was vital to...
Danisco is forming a new logistics unit to underlie its three food ingredients divisions covering emulsions, cultures and sweeteners, in a bid to bring greater efficiency in its dealings with customers.
National Starch is to be sold to US-based Corn Products International for US$1.3bn, current owner Akzo Nobel has confirmed. The news ends over two years of speculation over the business’ future and propels CPI into the European market.
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.
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.