Blackmores directors have unanimously recommended shareholders vote in favour of the scheme Japanese food and beverages (F&B) giant Kirin Holdings Company is acquiring Australian-listed healthcare company Blackmores at a cost of A$1.8 billion. Kirin and Blackmores have entered a Scheme Implementation Deed with Kirin offering A$95 per share for the[Read More…]
Finance
Indian firm Reliance inks strategic partnership with Sri Lankan biscuit brand Maliban
Partnership to enable access to globally recognised product portfolio Reliance Consumer Products Limited (RCPL), the FMCG arm and a wholly owned subsidiary of Indian firm Reliance Retail Ventures Limited (RRVL), has announced a strategic partnership with Sri Lanka headquartered Maliban Biscuit Manufactories. Maliban, a heritage brand and household name in[Read More…]
Barry Callebaut Group announced that Moody’s changed the Group’s long-term rating outlook to ‘positive’ from outlook ‘stable’
The outlook on all senior unsecured long-term ratings assigned to the bonds issued by Barry Callebaut Services N.V. has also been changed to ‘positive’ from ‘stable’. Paolo Leschiutta, Senior Vice President and lead analyst for Barry Callebaut at Moody’s, said: “The outlook change to ‘positive’ reflects Barry Callebaut’s strong operating[Read More…]
BENEO buys shares in German start up to get close to the consumer needs for plant based meat solutions
company focused on the development, production, marketing and distribution of meat replacement and meat alternative products, as well as other products linked to BBQ foods. A start-up for hybrid, vegetarian and vegan products, marks the next step in BENEO´s plant-based protein strategy with the market for fish and meat alternatives[Read More…]
Mondelēz International announced the launch of the fourth annual State of Snacking™ report.
Mondelēz International, Inc. empowers consumers to snack right in over 150 countries around the world. This year’s report explores how current economic challenges are affecting consumer snacking choices around the world – with most respondents continuing to prioritize snacking, despite rising costs and economic challenges. Developed in partnership with The[Read More…]
Nutreco Partnership with BiomEdit to Transform Feed Additives Through Microbiome Technology
Collaboration an industry-first focusing on discovery, development, and commercialisation of next-generation ultra-specialty feed additives called Biome-actives to address livestock producers’ health and sustainability challenges The partnership aligns Nutreco Exploration (NutEx), Nutreco’s team tasked with developing proprietary ultra-specialty ingredients to promote its purpose of Feeding the Future, with animal health’s most advanced microbiome biotech company, BiomEdit. The collaboration covers the discovery, development and commercialisation of Biome-actives developed using BiomEdit’s advanced microbiome science and bioinformatics platform. These[Read More…]
FrieslandCampina Ingredients announces it has entered a strategic partnership with specialist biotechnology company Triplebar Bio Inc.
The partnership reaffirms the commitment of both companies to develop innovative and futureproof protein solutions that improve human health. FrieslandCampina Ingredients, the global innovator in healthy and functional ingredients, today announces it has entered a strategic partnership with specialist biotechnology company Triplebar Bio Inc. to develop and scale up the production of[Read More…]
Steakholder Foods® Receives Grant of up to $1M for 3D Bio-Print Structured Cultivated Fish Products with Umami Meats
The company’s collaborative initiative with its 3D bio-printer is a significant step forward in the company’s commercialization strategy for 2023 Steakholder Foods’ partnership with Umami Meats offers a unique opportunity for market entry in the only country in the world where cultivated meat has regulatory approval. The collaboration aims to[Read More…]
WFP received EUR 7.2 million in funding from the European Union (EU) it helps crisis-affected people in Burkina Faso
Funding helped WFP to supply over 750,000 people in Burkina Faso with life-saving food assistance as humanitarian needs have continued to rise due to insecurity, the impact of climate change, and rising food prices. “The 2022 lean season in Burkina Faso was the worst of the last decade and it[Read More…]
Bunge Invest in New Protein Concentrate Facility in the U.S.
A global leader in agribusiness, food, and ingredients, plans to invest approximately $550 million to build a fully integrated soy protein concentrate (SPC) and textured soy protein concentrate (TSPC) facility. The new facility is expected to meet rising customer demand for key ingredients in the production of plant-based foods, processed[Read More…]
