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Financial plays

Financial plays

Digging below the bottom lines of ingredients suppliers and brand behemoths. From the impact of the ongoing economic slowdown to the latest in merger and acquisition activity.

Blackmores Institute to ramp-up research into consumer understanding of supplements in Singapore

Gaining a greater understanding of Singaporeans' understanding of supplements – and the types of services and advice they want pharmacists to provide – has become a key focus for Blackmores...

Herbalife unveils China TCM joint venture as it posts flat full-year sales for 2016

Herbalife has reached an agreement in principle to form a joint venture with Traditional Chinese Medicine (TCM) products and services firm Tasly Holding Group.

China nutraceutical firm unveils plans for European R&D and manufacturing base in Wales

Shanghai-based nutraceutical and functional foods supplier Acerchem International is to establish a European R&D and manufacturing centre in Swansea, South Wales.

Profits slump at Blackmores as 'challenging' China market continues to take its toll

Net profits at supplements manufacturer Blackmores slumped by 42% in the first of half of the financial year, with the firm reporting reduced demand from Chinese ‘daigou’ shoppers who buy...

DSM sees profits soar as innovation drives success

One of the world’s biggest makers of nutritional ingredients, Royal DSM, saw pre-tax profits increase by 17% last year, with a strong performance from its nutrition division.

News in brief

NattoPharma research network awarded EU funding grant

Norweigan nutritional supplier NattoPharma has been awarded a sought-after EU Horizon 2020 research grant, which will fund vitamin K2 research.

Glanbia strengthens performance nutrition offering with €181 million double deal

Dairy and nutritional ingredients firm Glanbia has confirmed two strategic acquisitions that will enhance its performance nutrition division by bringing a greater focus on plant-based foods and direct-to-consumer sales.

China private equity firm acquires 80% stake in Kiwi supplement manufacturer

New Zealand supplement firm Better Health Co, which owns the GO Healthy brand, has sold an 80% stake to an Asian private equity fund to help it tap into international markets.

News in brief

Gee Lawson merges with Lehvoss UK

Nutritional ingredients specialty distributor, Gee Lawson, has merged with Lehvoss UK allowing it to enlarge its international market reach effectively.

Reckitt Benckiser in $16.7bn takeover bid for Mead Johnson Nutrition

Reckitt Benckiser Group plc (RB) has confirmed it is in ‘advanced negotiations’ to acquire all Mead Johnson Nutrition shares for $90 each in cash, valuing Mead Johnson’s entire share capital...

Curcumin can be ‘as big as omega-3’ with correct science and marketing: OmniActive MD

Curcumin can become as big as omega-3, according to the boss of Indian nutraceutical supplier OmniActive, which has recently received a significant funding boost and made a high-level acquisition.  ...

Food Vision Asia returns to Singapore for three-day event on the future of food and nutrition

Following a highly successful inaugural event in 2016, Food Vision Asia announces its return to the Grand Hyatt Hotel, Singapore, from April 25-27.

Mead Johnson full-year sales slip, but China and e-commerce performance 'strong'

Infant nutrition company Mead Johnson saw sales in Asia – its largest region – slip 9% year-on-year, 5% on a constant dollar basis, to $1.856bn – although the company recorded...

Asia growth: The main reason Nestle could be keen on Mead Johnson acquisition

The financial press is rife with chatter that Nestle is weighing up a bid for US infant formula firm Mead Johnson.

Brexit nutrition impact survey launched

British PM Teresa May has indicated the nation will pursue a ‘hard Brexit’ – but what does that mean for the world of nutrition and food?

Sell-up: Analysts predict more gloom for infant formula firm Bellamy’s as shares slump continues

Replacing CEO Laura McBain hasn’t seen the end of financial turmoil at Australian infant formula manufacturer Bellamy’s with shares continuing to slide amid gloomy forecasts from analysts.

BASF opens 'Newtrition Lab' in Singapore to boost regional R&D capabilities

BASF’s Nutrition & Health Division has opened a new technical application lab in Singapore to provide analytical services and product development support to customers across the region.

News in brief

Asian VC invests €33m in Indian botanicals specialist; acquisitions targeted

Indian-based but global-facing herbals player OmniActive Health Technologies has won a $35 million (€33m) investment from venture capitalist Everstone Group, as it pursues expansion and acquisition targets.

'20 to 30 elite sportspeople/teams' involved in ketone research

Oxford researchers behind a novel performance-enhancing ketone drink get around an email a day from sports teams hoping to buy the product – and another 20-30 unnamed professional teams have...

Dispatches from the #SNC16 congress in Frankfurt

Could energy drinks be cut out of the EU caffeine claim loop?

The European Specialist Sports Nutrition Alliance (ESSNA) is lobbying for two different solutions to the EU caffeine claim hold up, one of which could see use of the claims limited to...

How the fall of the Soviet Union changed the face of Antarctica's krill fishing

Antarctica is the southernmost continent on Earth. But while it may be isolated, it is far from insulated and use of its resources like krill has mirrored global political flares from...

News in brief

Swisse Wellness boss Sali to step down as Biostime takes full ownership

Swisse Wellness chief executive Radek Sali will step down on December 31 as Hong Kong-listed Biostime International takes full ownership of the Australian firm.

‘We want to enable countries to look after their own children’

UNICEF goes local with RUTF products in war against malnutrition

Gone are the days when the supply of humanitarian nutrition products relied on just a handful of western companies. UNICEF is pushing its supply of Ready to Use Therapeutic Food (RUTF)...

The €3.3 trillion cost of malnutrition inaction

Economic impact assessments for malnutrition are helping present a “convincing argument” for nutrition investment, says a top economist from the UN’s Food and Agriculture Organisation (FAO)....

News in brief

Distribution deals make Baltex ‘solid player’ in Norway

Baltex Health & Beauty Group has won the Nordic distribution rights for Bringwell’s Bio-Life range, which it says makes it a “solid player” Norway.

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