Archives for July 8, 2013

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Irish firm sells 50% stake in Austevoll fish oil JV

By Shane STARLING

Irish company Origin Enterprises has sold its 50% stake in its fish and omega-3 oil JV, Welcon Invest AS, to its Norwegian JV partner, Austevoll Seafoods for €93m (740m NOK) as it focuses on agricultural activities.

NBTY Europe axes sports nutrition range

NBTY Europe has stopped selling the USN sports nutrition range in its Holland & Barrett stores in the UK after a hike in local taxes forced a review of the brands it worked with.

Worldwide macro trends favor Herbalife, president says

By Hank Schultz

Three mega trends will drive Herbalife’s continued expansion, said president Des Walsh.  The world is getting fatter, it’s getting older, and in the hangover from the 2008 financial crisis economic expansion still lags in much of the world leaving many...

How sustainable is quinoa?

By Caroline SCOTT-THOMAS

Interest in quinoa has surged among consumers in Europe and the United States – but the rapid increase in its popularity has also given rise to concerns about sustainable production.

Frutarom and AB-Biotics team on iron project

Swiss supplier Frutarom has teamed with Spanish biotech firm AB-Biotics to sell and market an encapsulated form  of iron called AB-Fortis to the functional foods market.