DSM and Firmenich’s mooted 2023 ‘Merger of Equals’ will create a nutrition, food ingredients and fragrances behemoth with 277 years of collective business experience and a combined annual revenue pushing towards €12 billion (£10.2bn).
International Flavors & Fragrances Inc (IFF) and DuPont’s Nutrition & Biosciences (“N&B”) completed their €40.7bn merger yesterday (February 1st) and revealed a modernised identity for the new industry giant.
A mega-merger between International Flavors & Fragrances Inc (IFF) and DuPont nutrition & biosciences unit will create a new industry giant worth more than $45 billion (€40.4 billion), say those involved in the deal.
Swedish probiotic player Probi could soon re-submit an EFSA dossier for iron uptake, says CEO Peter Nählstedt as he talks to NutraIngredients about how the company more than doubled its profits in 2016.
The Nutrition Capital Network reports that mergers and acquisitions activity in branded natural and organic food & beverage companies is on a record-setting pace for 2015. In addition, NCN reports rapid growth in financings in the emerging world of...
Increased interested from developing markets in Asia, coupled with need for third party certification to demonstrate responsible sourcing has led to a fourth successive year of growth for marine ingredients organisation IFFO.
French supplier Naturex is reaping the benefits of its December buy-out of the ingredients division of Spanish supplier Natraceutical with a record quarter net profit of €3.2m and €10.8m for the nine months to the end of September.
Mergers and acquisitions in the food industry in 2006 took a turn
up compared to the year before, with almost one third of all
activity occurring in the food processing sector, according to a
new guide by the The Food Institute.
Natraceutical Group is purchasing French supplement maker
Laboratoires Forté Pharma - a move that propels it into the
lucrative finished production section and that is expected to boost
its turnover by more than 50 per cent.
Cargill has welcomed the EC's decision to approve its acquisition
of Degussa's food ingredients operations, claiming that the
decision will accelerate the company's focus on creating value and
growth for its customers.