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Nestle Health Science to Invest in Therapies for Food Allergies

Nov 11, 2016

Nestlé Health Science announced that it will make an equity investment of $145m in US-based Aimmune Therapeutics, which corresponds to a 15% stake after completion of the transaction. The parties also entered into a strategic ...

Tags: Food Allergies, Nestle

Kerry Group Acquires Three US Companies for $735m to Expand Its Nutritional Offerings

Oct 20, 2015

Irish food ingredients company Kerry Group has acquired three U-based companies Red Arrow Products, Island Oasis and Biothera Inc’s Wellmune for $735m, a move that will usher the company’s growth in nutritional solutions market. ...

Tags: Red Arrow Products, food ingredients

Nestle Health Science Invests $70m to Set up New R& D Center in New Jersey

Oct 15, 2015

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

Glanbia Has Outlined Plans to Develop a New Ultra-Heat-Treated Plant in Monaghan

Dec 17, 2013

Glanbia, an Irish nutritional solutions and cheese firm, has outlined plans to develop a new Ultra-Heat-Treated (UHT) plant in Monaghan. The proposed plant will manufacture long-life liquid milk and cream, including export versions of ...

Tags: UHT Plant, nutritional solutions

Nestle Health Science Developed to Meet The Specific Nutritional Needs of Older Adults

Jun 6, 2013

Nestle Health Science, a wholly-owned subsidiary of Nestle, has developed a nutrition bar - Boost Nutrition Bars - to meet the specific nutritional needs of older adults. The new product will be launched in Spring 2013. The new Boost ...

Tags: Nestle, Agriculture, Food

Glanbia Has Broken Ground on a Eur150m Dairy Processing Facility at Belview Port, Ireland

May 21, 2013

Glanbia Ingredients Ireland (GIIL) has broken ground on a EUR150m dairy processing facility at Belview Port, Kilkenny, Ireland. The ground breaking ceremony was attended by Minister for the Environment Phil Hogan, Glanbia chairman Liam ...

Tags: Glanbia, Dairy Processing Facility

Glanbia Nutritionals Unveiled a New Flaxseed Ingredient

Mar 21, 2013

Glanbia Nutritionals has unveiled a new flaxseed ingredient, OptiSol 3000, which can be used to replace eggs in the preparation of baked foods. Glanbia stated that the new ingredient is a cost-effective alternative to eggs, and it is ...

Tags: Glanbia Nutritionals, flaxseed ingredient, baked foods

Irish Has Led The Irish Food Group to Lift Its Forecast for Full-Year Earnings

Dec 12, 2012

A "strong" performance from Glanbia's nutrition ingredients business has led the Irish food group to lift its forecast for full-year earnings. Glanbia said it expects its adjusted earnings per share to increase 8-10% on a ...

Tags: Glanbia, nutrition ingredients, earnings, food industry

Glanbia Has Moved a Step Closer in Bid to Sell a Stake in Domestic Ingredients Business

Dec 11, 2012

Irish food group Glanbia has moved a step closer in its bid to sell a stake in its domestic ingredients business. Glanbia said it has signed contracts with its majority shareholder, the Glanbia Co-operative Society, to run what it said is ...

Tags: food group, food, dairy ingredients, cheese

A Stake Has Been Perchased Medical Food Company Accera by Nestlé Health Science

Dec 4, 2012

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 ...

Tags: undisclosed stake, commercialization of medical foods

Glanbia Enters Into an Agreement to Sell 60% Stake in Its Dairy Ingredient Division

Dec 4, 2012

Irish nutritional solutions and cheese firm Glanbia has entered into an agreement to sell 60% stake in its dairy ingredient division – Dairy Ingredients Ireland (DII) - to its largest shareholder Glanbia Co-op Society, in a ...

Tags: nutritional solutions and cheese firm, dairy ingredient division

Nestle's Share Price Increased This Morning as The Kit-Kat Maker Booked an Increase

Aug 13, 2012

Nestle's share price increased this morning (9 August) as the Kit-Kat maker booked an increase in first-half profit and reaffirmed its full-year guidance. The Swiss food giant reported an 8.9% increase in earnings of CHF5.12bn (US$5.26bn) ...

Tags: food, share price, emerging markets, price rises, cost-cutting, water

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