Savena’s “growth potential” seals private equity firm acquisition
The French food ingredient manufacturer Savena has been snapped up by European private equity company, IK Investment Partners (IK), with plans to double its size within five years.
Archives for July 5, 2011
New innovation centre to speed up Irish dairy development
A new dairy innovation centre has been founded in Ireland to accelerate product development work ahead of the abolishment of quotas in 2015.
Global dairy prices slide in latest Fonterra auction
International dairy prices have taken another tumble at the latest Fonterra auction, dropping to their lowest level so far this year.
General Mills awards grant for sustainable vanilla research
General Mills has awarded a $200,000 grant to researchers at the University of California-Davis to help create a more sustainable vanilla supply.
PureCircle-Firmenich agreement aims to accelerate flavor commercialization
Stevia player PureCircle, has agreed a multi-year global distribution agreement with Firmenich to accelerate commercialization of the company’s new natural flavor, NSF-02.
ADM hails ‘timely’ soy protein launch for stealth nutrition in beverages
ADM has yet to determine pricing for its ‘invisible’ new soy protein Clarisoy, but says it will provide a cost-effective alternative to whey for firms looking to add high-quality protein by stealth to juices, sports drinks or clear beverages.
Hershey and Godrej dissolve Indian tie-up, report
A four-year long partnership between chocolate powerhouse Hershey and the Godrej Group in India has been disbanded, according to media reports.
Bounty for smaller Indian food and beverage brands
Lesser-known food and beverage brands in India are attracting large financial investors, a study of recent private equity deals in the space revealed.
Carbon tax could hit Australian food industry, says AFGC
Australia's proposed carbon tax regulation may drastically affect the food industry with higher costs, industry representatives have said.
Natural colours drive Chr Hansen Q3 results; probiotic uncertainty continues
The newly renamed Natural Colors Division was the star performer in Danish ingredients supplier Chr Hansen’s Q3 results, showing 34% organic sales growth for the quarter, compared to 5% for Cultures and Enzymes, and 9% for Health and Nutrition.
Salt reductions may not reduce heart disease risk: Cochrane review
Moderate reductions in salt intake do not reduce the likelihood of dying or experiencing cardiovascular disease, according to a new Cochrane review.
Salt lobby opposes EU's “absurd labelling” measures
European salt trade body EUSalt admits the “battle is lost” to prevent mandatory EU-wide salt labelling on food products after Guideline Dietary Allowance (GDA) measures were approved as expected in a European Parliament vote this afternoon.
EU bans "deadly" Egyptian seeds after E.coli report
The EU has banned the import of seeds from Egypt, including fenugreek seeds, after they were identified as the probable cause of recent E.coli 104 H4 outbreaks which killed 48 people in Germany, sickened about 4000 and affected 15 people in France.
New study finds link between kids’ BMI and food prices
There is a clear correlation between children’s body-mass-index (BMI) and the price of food and drink, according to new government-backed research.
Synergy to launch cheaper alternative to coconut milk
The rising price of coconut milk prompted savoury ingredients supplier Synergy to work with ready meal manufacturers to develop a cheaper alternative. As a result, the firm is set to launch a new product this month: a coconut milk flavoured powder called...
Back to school: Why history offers lessons for nutrition’s future
Understanding how our ancestors ate and appreciating what nutrients we need from an evolutionary perspective is finally getting the headlines it deserves – the nutrition industry should take note.
Thai food products may contain undeclared allergens
A new study has suggested that there are undeclared allergens in many commercial processed food products in Thailand, which could cause allergic reactions.
Exploring a new interactive approach to formulation
Univar Food Ingredients has developed an interactive formulation tool, bringing together trend data, technical expertise and case studies to help food manufacturers in effective new product development.
Coca-Cola Enterprises opens education centre
Simon Baldry, md for Coca-Cola Enterprises (CCE) in Britain committed his company to a policy of helping to develop “healthy, sustainable local communities” around its UK factories, as he officially opened the company’s fourth education centre at Sidcup...
There's more to taste than flavour
Can you make it taste better?" is a question I've been asked time and time again, usually by people who don't actually know what they want and who don't understand the word 'taste' at all – let alone the journey you need to take to make your food taste...
Sainsbury’s suppliers given lesson in allergen management
UK retailer Sainsbury’s is putting the emphasis on allergens in the production of own-brand foods supplied to its stores, as part of its academy training.
Fonterra looks to treble production at NZ site through $250m investment
Dairy giant Fonterra aims to pump a further $250m into a new site in New Zealand, an investment that would treble milk processing at the facility.