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.
Probiotic and natural colours player Chr Hansen reported a 10% growth in organic revenue in the first nine months, leading the company to slightly raise full year expectations.
PepsiCo announced today the eight European nutrition start-ups it has chosen for the first Nutrition Greenhouse programme, offering one winning company €100,000.
Blackmores is continuing to suffer from a slump in Australian sales to ‘daigou’ buyers, with overall net profits dropping by 42.8% year-on-year, according to figures for the first nine months of its financial year.
DSM has dubbed its forthcoming Innovation Partnering Conference a "win-win" for itself and nutrition entrepreneurs as it looks to unearth the rising stars of fermented foods and bio-preservation.
China’s food industry can no longer rely on vast volume growth from mass market items and will increasingly have to focus on innovation around personalised, healthy and functional nutrition products to boost its fortunes.
Companies seeking to launch products in China have been told they have to be in it for long haul and make extensive preparations, ‘instead of turning up at Shanghai airport and asking trade officials for a list of distributors’.
Vitamin boss Marcus Blackmore has given $10m to the National Institute of Complementary Medicine (NCIM) at Western Sydney University in a 'no strings' donation to undertake research into complementary medicine.
