Swiss food firm Nestléis conducting experiments using zero gravity to enhance its understanding of the foam technology used in its products. According to the comapny,the study could help its scientists create better air bubbles in ...
Tags: zero gravity, foam technology, ESA
Potential buyers of Vion Food's pork processing plant in UK are being evaluated and talks are ongoing with the owners, according to Scottish government's finance secretary John Swinney. The second meeting of the Hall's of Broxburn ...
Tags: pork processing plant, the struggling food firm, significant investments
Nestlé Health Science has purchased an undisclosed stake in Accera, a privately-held US-based company that is involved in the development and the commercialization of medical foods for neurodegenerative disorders such as Alzheimer's ...
Swiss food firm Nestlé has announced that it has completed the acquisition of Pfizer's nutrition division, in a deal valued at $11.85bn, strengthening its position in the global nutrition market. The integration process of Pfizer ...
Tags: Nestlé, food, acquisition, infant nutrition
US food firm Cascade Specialties plans to set up a new vegetable processing facility in Merced,California,US. The new plant,which will operate as a part of the company's White Oak Frozen Foods Division,will process locally grown ...
Tags: vegetable processing facility, IQF, moisture frozen vegetables
Private equity firm Permira has cancelled its plans to both refinance and sell the frozen food company Iglo. Permira had planned a dividend recapitalization with Credit Suisse and Deutsche Bank and was expecting to raise ...
Dutch food firm Wessanen has taken full ownership of Favory Convenience Food by purchasing an additional 35.9%stake from Rabo Capital for EUR5m($6m). Wessanen noted that this purchase follows strategic review of its frozen foods ...
Tags: stake, frozen foods, frozen snack
Argentinian food firm Arcor,through its Danone joint venture firm Bagley,has forayed into the cereal market with the launch of its new cereal line in the country. The company has invested$10m into the cereal line,which features seven ...
Tags: new cereal line, cereal market, health food
The Renault-Nissan Alliance has signed a five-year vehicle supply contract with French food company Danone. Under an exclusive fleet contract, the Alliance will provide Danone with 15,000 vehicles in 25 countries. The deal will also ...
Tags: renault-nissan alliance, french food company danone, vehicle
Specialty food firm The Chefs'Warehouse has acquired Michael's Finer Meats,a supplier of meat and seafood for$54.3m,as a part of its strategy to expand into Midwestern US. Michael's Finer Meats,based in Ohio,US,supplies a range of custom ...
Tags: Finer Meats, seafood, beef
French group Materne has launched a line of adult fruit snacks in the US under its GoGo Squeez brand. Materne said its Fast Fruit products,available in three flavours and sold in pouches,were targeted at the"on-the-go consumer". The ...
Tags: adult fruit snacks, pouches, consumers
US food company General Mills has completed the acquisition of Brazilian food firm Yoki Alimentos in a BRL1.75m($857m)deal,a move which will strengthen the company's presence in Latin America. Yoki produces more than 600 products ...
Tags: US food company, General Mills, acquisition
UK-based Premier Foods has entered into an agreement to sell its sweet pickles and table sauces business to Japanese food firm Mizkan for£92.5m in cash. The sale includes production,distribution,sales,marketing and licensing of the ...
Kraft Foods has said it is"on track"to complete its three-year initiative to reduce salt in its North American portfolio by an average of 10%. The company said yesterday(26 September)it has already cut salt by 10%in products such as Oscar ...
Tags: Kraft Foods, three-year initiative, salt, cheese
US packaged foods company ConAgra has completed the acquisition of Unilever's North American frozen meals business for a total cash consideration of$267m,a move which will strengthen its frozen food business. The agreement to acquire ...
Tags: acquisition, frozen meals business, cash consideration