Ingredient giant DowDuPont announced that it has completed the Health & Nutrition arm of FMC Corporation—other than its omega-3 business—to build on the former’s “sustainable, bio-based food ingredients” market share.
Israeli flavour and fine ingredients firm Frutarom are now the owners of nutritional ingredients specialists Enzymotec in a €144m ($168m) deal for the remaining 81% of company shares.
Pfizer announced that it is “reviewing strategic alternatives” for its Consumer Healthcare business, the parent company of many iconic over-the-counter (OTC) brands from dietary supplements to personal care.
Technological advances are having a big impact on the APAC supplement and functional food industry, with the most innovative firms enjoying "a major boon” as more consumers go online for advice and to make purchases.
Supplement and food firms operating in China’s booming cross border e-commerce market have been buoyed by a year-long extension of the existing trade laws, which were due to be replaced on January 1.
The formation of a new company aims to ‘bring an external eye inside health and nutrition projects,’ with its founders looking to bring a new model of project management to the industry.
DSM has placed second on Fortune Magazine’s third annual Change the World list, which this year recognises 56 companies that have had a positive social impact through activities that are part of their core business strategies.
Unilever has made fostering relationships with start-up companies “a strategic imperative” as it works to leverage collaborations in order to meet evolving consumer needs.
Prinsen Food Group is set to buy Gustav Berning in a deal that will see the two merge to become one of the largest manufacturers of private label and branded active nutrition products in Europe.
French dairy giant Danone has become the latest European target of activist investors, with New York hedge fund Corvex Management taking a €340m stake in the group.
The European Commission (EC) has conditionally cleared a two-way deal acquisition between FMC and DuPont, based on promises that both companies will divest parts of their existing business.
Investment interest in the dietary supplement industry remains high, with the latest news being the sale of majority control of The Nature’s Bounty Co. to private equity firm KKR.
