Latest News in the food Industry
Mergers & Acquisitions
Hormel Foods sells its Health Labs brands to Lyons Magnus
17 Dec 2024
Hormel Foods has confirmed the sale of its Hormel Health Labs division to Lyons Magnus, creating Lyons Health Labs. The strategic move aims to better position Lyons Magnus as a leading player in the growing US market for nutritional and health products...
Read moreMérieux NutriScience to acquire Bureau Veritas
22 Oct 2024
Global food safety service provider Mérieux NutriScience will acquire French food testing business Bureau Veritas, a deal that extends its geographic reach and laboratory testing capabilities.
Read moreThe EU’s action plan to remain competitive
18 Oct 2024
The EU has three main areas for action if it is to increase competitiveness in a global economy over the next five years, according to the Draghi Report. We look at what its findings mean for the food manufacturing and retail industry.
Read morePepsiCo scoops up Siete Foods in $1.2 bn deal
14 Oct 2024
PepsiCo has announced its plan to acquire Mexican-American food company Siete Foods known for its heritage-inspired range of tortillas, salsas, seasonings, and sauces, marking PepsiCo’s first food-based acquisition in around five years.
Read moreWill we see a wave of NPD that focuses on insulin management?
1 Oct 2024
As a new study finds protein and fats can help manage insulin, food manufacturers are building on emerging GLP-1 platforms and supporting nutritional guidance.
Read moreMars acquires Pringles manufacturer Kellanova in $35.9 billion deal
28 Aug 2024
Kellanova, a major player in the snacking industry, has been acquired by Mars, Incorporated. The acquisition aims to broaden Mars's portfolio to a wider range of snacks, thus strengthening its market position.
Read moreNestlé develops a new fat reduction method for dairy ingredients
26 Aug 2024
A Brazil-based Nestlé research and development team has developed a way to reduce the fat in milk powder by as much as 60%, without impacting the key characteristics that consumers enjoy.
Read moreRethinking funding for food technology
28 Jun 2024
The landscape of foodtech investment is evolving. With the need for long-term investment perspectives, what are the most effective strategies driving the next wave in foodtech innovation?
Read moreTate & Lyle to acquire CP Kelco in $1.8bn deal
24 Jun 2024
Tate & Lyle has announced plans to acquire the hydrocolloid and pectin supplier, CP Kelo, in a deal worth $1.8 billion.
Read moreRoquette to acquire IFF Pharma Solutions in $2.85bn deal
14 Jun 2024
Roquette's acquisition of IFF Pharma Solutions, which makes excipients, flavours, and functional ingredients, will strengthen its position in the health and nutrition markets, it says.
Read moreChobani expands drink presence with La Colombe acquisition
16 Jan 2024
Greek yoghurt giant Chobani has purchased US coffee brand La Colombe Coffee Roasters for $900 million, furthering its expansion into beverage categories like coffee, oat milk, creamer and ready-to-drink offerings.
Read moreSmuckers, Hostess deal latest food industry mega merger
2 Oct 2023
The J.M. Smucker Co. is to acquire fellow American snack company Hostess Brands for approximately $5.6 billion, following several other high-profile mergers in food and snacks so far in 2023.
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