USANA and Beijing University of Chinese Medicine sign research collaboration agreement USANA Health Sciences, Inc., and its subsidiary in China—BabyCare, Ltd. have announced a research collaboration agreement with Beijing University of Chinese Medicine (BUCM), a well-known university in China. Under the agreement, USANA and BUCM will cooperatively research the field of Traditional Chinese[Read More…]
Company News
Olam closes acquisition of Olde Thompson
Olam Food Ingredients completes acquisition of Olde Thompson Olam Food Ingredients (“OFI”) is pleased to announce that the acquisition of leading US private-label spices and seasonings manufacturer Olde Thompson, previously announced on April 29, 2021, was successfully completed on May 17, 2021 at an EV of US$950 million. Olam Food Ingredients[Read More…]
Oterra™ the new name for Chr. Hansen Natural Colors
The new name, Oterra, is inspired by the Latin word for earth Chr. Hansen Natural Colors A/S, the leading provider of natural colors with the widest natural color portfolio in the industry, has announced today the company will be known as Oterra™, effective immediately, and will begin the process to operate under the new name. The new name, Oterra, is inspired by the Latin word for earth. The rebranding reflects the company’s commitment to provide the world[Read More…]
Nestle invests $220M in Indonesian beverage plant
To produce Bear Brand liquid milk and ready-to-drink beverages Nestlé has broken ground on the construction of a new factory in Batang, Indonesia. The factory will create about 200 new jobs in the Central Java province and will produce Bear Brand liquid milk and ready-to-drink beverages, Milo and Nescafé, to fulfill growing consumer demand. It[Read More…]
YouKuai Group raises $7.3 M to magnify plant based protein in China
Founded in 2019, YouKuai aims to reshape the global plant-based cuisine landscape YouKuai Group International announces the completion of its $7.3 million A-round financing, led by TRIREC, a Singapore-based investment firm that focuses on decarbonization-related technologies and businesses globally to support, and an early investor of U.S.-based plant-based meat company[Read More…]
Turmeron International launches food grade joint supplement in Singapore
It is rich in effective Labdanes that assist the body to rebuild worn-out and overused joint components in the knees, hips, and fingers Turmeron International, the manufacturer, and distributor of Turmeron Joint, has launched the food-grade joint supplement in Singapore (and Asia). Featuring their proprietary ingredient, Shiro-Ukon also known as[Read More…]
Nestle Australia launches infant probiotic supplements
The new NAN CARE range has been developed using probiotic strains Nestlé has launched NAN CARE, a new probiotic supplement range specifically designed to give Aussie parents the options to help support their babies’ and toddlers’ growing immune and digestive systems. The new NAN CARE range has been developed using probiotic strains to[Read More…]
Kerry establishes food innovation hub in Australia
The facility will act as the new headquarters for Kerry in Australia and New Zealand Kerry, the world’s leading taste and nutrition company, has announced it will develop a purpose-built food technology and innovation centre of excellence in Queensland, Australia. The facility will act as the new headquarters for Kerry[Read More…]
Healthy joints: Stay ahead with nutraceuticals
By Dr. Anish Desai, Founder of IntelliMed Healthcare Solutions As per data from The National Center for Chronic Disease Prevention and Health Promotion 46 million Americans have been diagnosed with arthritis or another joint condition by a health care professional. A recent analysis of NHANES III (National Health and Nutrition[Read More…]
EQT invest for Food & Wellness solutions in Indonesia
EQT Private Equity invests in Indesso, Southeast Asia’s largest natural Flavor & Fragrance ingredients and Food & Wellness solutions provider EQT is pleased to announce that the EQT Mid Market Asia III fund (“EQT Private Equity”) has invested in Indesso Group. Indesso is a leading provider of natural ingredients, serving[Read More…]
