Latest News in the food Industry
Mergers & Acquisitions
Metabolic Maintenance targets brain function with nootropics range
29 Jan 2025
US supplements player Metabolic Maintenance is entering the fast-growing nootropics category with the launch of its latest supplement, metaMIND, a patented cognitive performance complex available in gummy and capsule formats.
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Louis Drefyus Company powers on in plant-based with BASF ingredients acquisition
17 Jan 2025
BASF has agreed to sell its food and health performance ingredients business to Louis Dreyfus Company (LDC).
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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...
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Mérieux 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.
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The 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.
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PepsiCo 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.
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Will 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.
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Mars 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.
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Nestlé 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.
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Rethinking 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?
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Tate & 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.
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Roquette 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.
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