This acquisition marks a significant step in PepsiCo’s ongoing transformation of its portfolio PepsiCo announced that it has closed the acquisition of poppi for $1.95 billion, including $300 million of anticipated cash tax benefits for a net purchase price of $1.65 billion. The transaction also includes a performance-based earnout contingent on achieving certain performance[Read More…]
World News
BENEO and WACKER launch human milk oligosaccharides
The product launch is the first result of a strategic and global partnership that the companies entered into to collaborate on enhancing early-life nutrition BENEO, a leading manufacturer of functional ingredients for food, feed and pharma, and WACKER, a European expert in biotechnology solutions for the food and pharma industry,[Read More…]
Suez Canal Authority engages global shipping giants as Red Sea security improves
The focus was on restoring shipping traffic through the Suez Canal following a ceasefire in Yemen Admiral Ossama Rabiee, Chairman and Managing Director of the Suez Canal Authority (SCA), held a meeting with representatives from 25 major shipping lines and maritime agencies in Ismailia to discuss the security situation in[Read More…]
ACG unveils patented personalised capsule technology
Through an exclusive partnership with pioneers in personalised supplement development, Art of You (AoY), ACG’s PCM is set to redefine personalised nutrition ACG, a global provider of fully integrated manufacturing solutions for the pharmaceutical and nutraceutical industries, introduces its world-first Personalised Capsule Machine (PCM). This patented technology creates custom-formulated supplement[Read More…]
Acute food insecurity and malnutrition rise for sixth consecutive year in world’s most fragile regions
In 2024, over 295 million people across 53 countries and territories faced acute hunger—an increase of almost 14 million people compared to 2023, while the number of people facing catastrophic levels of hunger reached a record high Acute food insecurity and child malnutrition rose for the sixth consecutive year in[Read More…]
Bühler introduces OptiBake, raising bar in wafer production
The solution sets a new standard for the global wafer industry, supporting customers in achieving operational excellence and sustainability in production Bühler Group is launching OptiBake, the world’s first inductively heated wafer oven, marking a breakthrough in industrial baking. Engineered to boost quality, operational flexibility, and efficiency, OptiBake reduces energy[Read More…]
Nestlé to create industry-leading capabilities in bio tech and deep tech
The creation of a centre for deep tech will be a first-of-its-kind in the food and nutrition industry Nestlé announced the strengthening of its R&D expertise in biotechnology and the creation of a new centre for deep tech, to boost its innovation pipeline and increase efficiency in research, innovation and operations. The[Read More…]
Kemin Industries acquires Bactana research-driven company
This strategic investment by Kemin Nutrisurance: Pet Food and Rendering Technologies underscores Kemin’s commitment to scientific innovation and the continuous expansion of its expertise in gut health Kemin Industries, a global ingredient manufacturer that strives to sustainably transform the quality of life every day for 80 per cent of the[Read More…]
Nestlé redefines cold coffee experience with freeze-dried soluble technology
This technology was first used in the launch of Nescafé Iced Blend in Japan Nestlé is leveraging its coffee innovation expertise to meet the rising consumer demand for premium soluble cold coffee. The company’s R&D experts have developed an innovative freeze-drying technique, enabling Nestlé to offer consumers an exceptional cold coffee experience that combines[Read More…]
The Alkaline Water and Sang Beverages partners for TEN Alkaline Spring Water
This announcement represents the next phase in the strategic relationship between the two companies, following last week’s co-packing agreement announcement The Alkaline Water Company, a leader in the beverage industry known for its purified alkaline water, enhanced with Himalayan rock salt, announced the signing of a Memorandum of Understanding (MOU)[Read More…]
