Reckitt Benckiser’s $16.6bn acquisition of US-based infant formula manufacturer Mead Johnson Nutrition is all set to be closed after securing the final regulatory approval. Subject to the meeting of customary closing conditions, the ...
Tags: Reckitt Benckiser, infant formula
Cargill reported financial results for the fiscal 2017 first quarter ended 31 August, 2016. Key measures include: Adjusted operating earnings rose 35 percent to $827 million in the first quarter, compared with $611 million in the ...
Tags: Cargill, fiscal results
RiceBran Technologies announced that its board of directors has named Dr. Robert Smith, the company's chief operating officer, as interim CEO, effective immediately. Dr. Smith will succeed W. John Short, who will remain with the Company ...
Milk Specialties Global has announced that it has acquired the Saputo facility in Monroe, Green County, Wisconsin, US. Founded in 1949, Milk Specialties has experienced exceptional growth in human and animal nutrition. The ...
Swiss food company Nestle is planning to invest over €25m for expansion of its research and development center in Askeaton, Ireland. The expanded facility will be located at Nestle's current plant in Askeaton. The facility ...
Tags: Nestle, Investment, Expansion, R&D
French dairy company Danone is planning to introduce Indian dessert 'Mishti Doi' or sweet yogurt in the European market. Danone is piloting a project to launch the Indian dairy products in a few international markets. Currently, the ...
US-based agricultural and food company Cargill is considering investment in poultry production in the Philippines. The company is still studying the investment structure and the business model, location, and supply chain in the ...
Tags: Cargill, Poultry Production
Nestlé Health Science is investing $70m to establish Nestlé Product Technology Center (NPTC) at the New Jersey Center of Excellence in Bridgewater, New Jersey to develop nutritional solutions. The facility, which is ...
Tags: NestléHealth Science, nutrition
Cargill has entered into an agreement with Altor Fund III and Bain Capital Europe III in order to acquire EWOS, a global leader in salmon nutrition for 1.35 Euro bn. The transaction, which is subject to regulatory approvals, is expected ...
Connell Brothers (CBC), the largest specialty chemicals and ingredients distributor in Asia-Pacific have been appointed to represent FMC in the Taiwan market for FMC's food ingredient business starting 8 August, 2015. In this new ...
Tags: Connel Brother, chemical distribution, FMC, chemicals
French yogurt maker Danone is contemplating sale of its 20% stake in Tokyo based dairy-drink producer Yakult Honsha, which if materialised, can raise cash for any future acquisitions by Danone. Bloomberg reported that Danone already had ...
Tags: Danone, Yakult, Agriculture
Medtronic isn’t the only medtech company facing criticism over potentially moving its headquarters overseas. Hospira is also taking flak—even though it is only rumored so far to be in talks with French company Danone for a ...
BioGaia has today extended its global contract with Nestle Nutrition by signing an agreement with the company’s UK infant nutrition business for the exclusive rights to sell BioGaia’s ProTectis Baby Drops in the United Kingdom ...
Tags: BioGaia, infant nutrition
New range of FODMAP 'digestive health' foods launched in Australia Melbourne-based dietitian Sue Shepherd has launched a new range of low FODMAP foods, designed for people with irritable bowel syndrome (IBS)and other digestive health ...
Tags: Agriculture, Food
FMC has broken ground on a new colors blending facility at its manufacturing site in Newark, Delaware, strengthening its natural colors business. The new location will cater to the growing demand in North America for highly stable, ...
Tags: Agriculture, Food