This acquisition will bring Weis the benefits of scale, strong market access and ice cream category expertise to help take the business to the next level in its growth. Sydney & Toowoomba Unilever announced that it has entered into a definitive agreement to acquire Weis, an Australian ice cream business.[Read More…]
Company News
Thai Beverage buys up KFC Thailand restaurants
For Thai Beverage, the KFC deal is a bid to seize on the popularity of chicken in Asia. Thai Beverage, the spirits giant that makes Chang beer and SangSom rum, is expanding into the fast-food business. ThaiBev agreed to purchase more than 240 existing KFC restaurants in Thailand for about[Read More…]
Coca-Cola seeking sweetener innovations with crowdsourcing campaign
An additional campaign, “the sweet story challenge”, invites consumers to submit written or video entries featuring favorite methods of naturally sweetening foods or beverages in their cultures, communities or families. The Coca-Cola Co. has issued a challenge for researchers and scientists to find a “naturally sourced, safe, low- or no-calorie compound” that[Read More…]
Detmold to buy Heshan Innopak in China
The company will take over the Innopak operations and continue to manufacture at both sites. Australian packaging giant Detmold Group has reached an agreement with US-based Novolex to buy Heshan Innopak Co. Ltd. The transaction is expected to be completed by the end of August. Heshan Innopak is a subsidiary[Read More…]
U.S.-grown soybean oil achieves FDA’s qualified heart health claim
Food manufacturers can promote eligible soybean oil products as U.S. grown and now, heart healthy. Singapore – The Food and Drug Administration authorized the use of a qualified health claim confirming soybean oil’s ability to reduce the risk of coronary heart disease. Soybean oil is the most widely used edible[Read More…]
Curcumin market capitalizes on popularity of turmeric as a Wonder Herb
Consumer preference for natural food colors widens growth opportunities for curcumin in food and beverage applications. Singapore –The increasing awareness of the value of curcumin in the formulation of, nutraceuticals, dietary supplements, herbals, cosmetics, functional foods and beverages, and other applications is creating a plethora of opportunities for extract and ingredient manufacturers. There[Read More…]
Sanyuan and Fosun to acquire St- Hubert management
The proposed acquisition introduces healthy and innovative foods into China and is aligned with the government’s policy to support and drive technological innovation. Beijing Sanyuan Foods Co. and Fosun Group have agreed to jointly acquire Brassica TopCo and PPN Management, the controlling shareholders of St- Hubert. The healthy food company,[Read More…]
Vitamin B12 Linked to Cognitive Performance in Children
Vitamin B12 status in infancy may impact development and performance on social perception tasks and visuospatial abilities at 5 years of age, according to research published in the American Journal of Clinical Nutrition. Vitamin B12 status in infancy may impact development and performance on social perception tasks and visuospatial abilities[Read More…]
Mérieux NutriSciences opens new lab in Beijing
This new investment by Mérieux NutriSciences’ Chinese subsidiary provides a high commitment to support the world’s largest consumer market for food and beverages. Mérieux NutriSciences, a US based service company, unveiled new facilities in Beijing, China. The new laboratory will allow Mérieux NutriSciences to better meet its clients’ needs in[Read More…]
Australian wine firm uses AI to streamline manufacturing
Ailytic’s system is able to obtain essential information from wineries using remote sensors, which are placed on equipment and around wine making facilities. The Australian wine industry is turning to artificial intelligence to streamline its manufacturing and significantly increase production efficiency by optimizing machine use. South Australian tech firm Ailytic[Read More…]
