Kerry announced yesterday (14 September) that it has completed the acquisition of preservation specialist Niacet, in a deal worth €853m. What does this mean for the ingredient supplier? FoodNavigator caught up with Bert De Vegt, Vice President of Food...
If the cultivated meat industry were to set the ambitious target of supplying 10% of the global meat market, how much product would be required? How many factories, containing how many bioreactors, would need to be built? And where?
The company’s sales dipped in the second quarter, but it expects ‘exciting growth opportunities’ ahead thanks to an ambitious M&A strategy, while the frozen aisle still represents ‘white space growth opportunity’.
ADM plans to acquire European supplier Sojaprotein in a move that it says will accelerate growth of its alternative protein platform. We find out what the deal means for the ag-food giant – and ask what it tells us about Europe’s runway for growth in...
Griffith Foods has agreed to acquire UK ingredient supplier The Flavourworks in a move that European chief Wim van Roekel tells us is ‘a fantastic fit’ as the group works to double its sales and triple its bottom line.
Tate & Lyle has sold a controlling stake in its Primary Products operations, which will be spun-out into a stand-alone business, leaving the London-listed ingredient manufacturer to focus on its faster-growing specialities business.
Kerry Group has agreed to sell its Meats and Meals business in the UK and Ireland to US poultry producer Pilgrim’s Pride for €819m as it seeks the higher growth opportunity offered by its Taste and Nutrition division.
French investment firm Roquette Ventures (part of ingredients company Roquette Group), which supports start-ups in the food, nutrition, and health markets, is looking to scale up production of plant protein sweeteners made using precision fermentation.
LIVEKINDLY Collective has continued its strategy of consolidation in the plant-based space with another acquisition. FoodNavigator asks what this means for the development of what is today a highly fragmented category.