Family-owned US firm JM Huber has become the number one pectin,
xanthan gum and CMC supplier after yesterday agreeing to buy
leading hydrocolloid firm CP Kelco from merchant bank Lehman
Brothers, reports Lindsey Partos.
The acquisition of Rhodia Food Ingredients by Danisco has finally
been completed today, bringing the Danish ingredients group one
step closer towards its goal of becoming a leading supplier of
ingredients to the food industry. The...
Acquisitive ingredients firm Kerry will spend €170 million on four
bolt-on flavour acquisitions announced yesterday as the €3.7
billion Irish company continues to consolidate its position in the
highly competitive flavours market....
Despite recently announcing end-of-year results which were impacted
by last year's heavy investment programme, Wimm-Bill-Dann is
continuing its aggressive expansion policy with a major investment
in an Uzbekistan dairy facility.
UK milk producer Southern Milk co-operative has announced that is
to disband as a result of increasing competition pressure from the
recently formed Arla Foods UK. The move could leave its 55 member's
future in danger.
Nestlé continues to pursue its strategy of getting a foothold in
just about every food market in the world. The recent purchase of
Ukrainian food processor Volyn Holding is the latest in a list of
acquisitions designed to cement the...
Ending months of speculation Dutch life science products company
DSM announced today that is to pay CHF 3.5 billion (€2.4 billion)
for Roche's vitamins and fine chemicals division.
When Roche launched the sale of the division...
German enzyme company AB Enzymes, a subsidiary of ABITEC Group, the
food ingredient and specialty chemicals group, announced this week
that it has acquired Gamma Chemie, a German-based enzyme business.
Richmond Foods, the UK's leading producer of ice cream brands, has
reported excellent figures for 2002, boosted by the acquisition at
the start of the year of the Nestle business in the UK. Major
investments in production, and...
Arla sets out its stall as the leading speciality cheese producer
in the UK with the acquisition of HT Webb for an undisclosed sum.
The Scandinavian company said the deal reinforced its commitment to
the UK market where it has already...
As part of its strategy for regional expansion in Russia,
Wimm-Bill-Dann Foods has purchased Roska St. Petersburg Dairy
Company for about €12 million. The company plans to increase output
and modernise existing facilities.
An attempt by a food ingredients billionaire to take over New
Zealand's second biggest dairy company could head into difficulties
if a farmers' collective wins the day, reports local New Zealand
paper The Evening Post.