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).
In a sign of further consolidation within the CBD/hemp products industry, THC Farmaceuticals Inc has announced it has acquired a contract manufacturer in Southern California.
Swiss nutrition giant Nestlé has reportedly confirmed that it will acquire The Bountiful Co. prior to a planned initial public offering for the maker of Nature’s Bounty supplements.
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.
LabCorp announced today that it has entered a definitive agreement to sell its Covance Food Solutions business to Eurofins Scientific for $670 million.
One of Frutarom’s first actions upon completing its acquisition of Enzymotec is to offload its krill business to Aker in a €21.6 million deal, the company confirmed in a statement.
Anglo-Dutch giant Unilever has called on the UK government to revisit the country's rules on takeovers and acquisitions to protect ‘national champions’ against foreign takeovers.
Firm open to more M&A activity after profits more than double
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...
Symrise has recorded new highs in 2013, growing sales by 6% and EBITDA by 10%, while reports claim that the flavour and fragrance firm has made a bid for the Diana Group.
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.
Royal DSM saw 2012 EBIT (operating) profits fall 27% to €635m from €866m in 2011 – but the human and animal nutrition business it has invested €2.4bn in since 2010 added 6% in profit.
Nutricia Advanced Medical Nutrition, a subsidiary of the food multinational Danone, has acquired nutritional supplements manufacturer Complan Food UK for an undisclosed sum.
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.
One of NutraIngredients.com’s sister websites, www.foodmanufacture.co.uk, received a new look this week with a full redesign, daily dedicated news updates, easier navigation, and many new features.
Food companies are showing far more interest in nutricosmetics and nutraceuticals than pharmaceutical and cosmetics companies, according to Bernstein Research.
ChromaDex, which develops analytical standards for nutraceutical
ingredients, is gearing up for a major expansion, funded in large
part by a reverse merger announced yesterday.
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.
NeutraHealth has signalled a return to form with a spate of new
distribution deals for its TravelGuard product line that it is
hoped will yield returns to enable new acquisitions in 2007.
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.
NeutraHealth, a UK shell company created to buy up nutraceutical
businesses, said today that it has made its first acquisition, the
probiotic supplement maker BioCare.
A new company founded by several high profile executives in the UK
will start trading shares this week to fund acquisitions in the
nutraceuticals sector.
