Financial plays

Chobani’s global ambitions: Too much, too young?

EDITOR'S OPINION: DEAR DAIRY....

Chobani’s global ambitions: Too much, too young?

By Mark Astley

At just seven years old, Chobani is a poster boy in the eyes of some, a market-devouring monster in the eyes of others. The New York-based Greek yogurt giant’s expansion plans in North America, Europe and Australasia are ambitious. But is it taking on...

The year ahead: 2013 European nutra futures

The year ahead: 2013 European nutra futures

By Shane STARLING

The economic crisis has hit the EU hard, and coupled with a severe health and nutrition claim clamp down, the past years have been challenging for the European nutra industry.

DSM broadens its range (again) with oat beta-glucan

DSM buys Swedish oat beta-glucan brand

By Shane Starling

A day after confirming the €500m acquisition of New York-based blends specialist Fortitech, Royal DSM has concluded the year by buying beta-glucan brand Oatwell from Swedish Oat Fiber (SOF).

Evolva will reduce the cost of its new yeast-derived resveratrol, it says

Evolva pays €550,000 for Fluxome resveratrol business

By Shane Starling

Swiss biotech firm Evolva has bought failing Fluxome’s, yeast-derived resveratrol business for about €550,000 in cash and shares, but says it has no interest in the remaining omega-3 business being sold by sealed auction.

Schiff MegaRed krill supplement marketing

Reckitt Benckiser-Schiff: Another giant jumps into nutra space

By Shane STARLING

UK-based consumer goods firm Reckitt Benckiser told NutraIngredients today, “nutrition had been on its radar for awhile”, as it plunged $1.4bn (€1.09bn) to outbid German pharma firm Bayer for the US’s second biggest dietary supplements firm, Schiff Nutrition...

Fortitech: Sold to DSM for €495m. Don't expect more of these kinds of buys from DSM in the near future

DSM buys Fortitech for €495m; “We are done for awhile”

By Shane Starling

Rampant nutrition business acquirer, Royal DSM, has splashed the cash for the ninth time in two years – this time to the tune of €495m ($634m) on US-based multinational nutrient blending giant, Fortitech (€212m/$270m annual turnover).

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