LYNGBY, DENMARK – Novozymes and Chr. Hansen have completed their merger, creating a company called Novonesis that has 10,000 employees, a global network of research and development and application centers and activity in 30 industries. Annual revenue will be about…
KANSAS CITY — New products that are making their way to shelves are sweet and indulgent. Better-for-you candy company Justin’s expanded its line of candy alternatives with the introduction of chocolate candy pieces, which are available in dark chocolate peanut…
MINNEAPOLIS — Cargill’s fats and oils now comply with the World Health Organization’s recommended maximum tolerance level for industrially produced trans-fatty acids in fats and oils, according to the company. The company’s entire oils portfolio meets the WHO’s standards on iTFAs,…
BELOIT, WIS. — International flavors, spiciness, bold and unusual flavor combinations, and orange chocolate, were identified as emerging trends in Kerry’s 2024 global taste charts, “A World of Future Tastes.” Such international cuisines as Filipino dishes have been some of the…
NEW YORK — Bansk Group, a consumer-focused private investment firm dedicated to building distinctive consumer brands, has acquired premium meat snacks company No Man’s Land Foods LLC. The terms of the transaction were not disclosed. Based in Enid, Okla., No…
AMSTERDAM — Reorganizing at Corbion will involve simplifying the company’s structure into two business units from three business units and reducing its workforce by about 200, which will include closing a fermentation plant in Peoria, Ill. Executives gave details Jan.…
DAVOS, SWITZERLAND — JBS Global chief executive officer Gilberto Tomazoni warned against initiatives that would increase food costs and lower the accessibility of affordable food during the First Movers Coalition for Food panel at the World Economic Forum on Jan.…
TORONTO — Sucro Can Sourcing LLC, an integrated sugar refiner, confirmed plans to build Canada’s largest sugar refinery at the Port of Hamilton’s Pier 15 with an eventual annual refining capacity of 1 million tonnes. The plant is expected to be…
ADDISON, ILL. — Brookside Flavors and Ingredients (BFI) has acquired Sterling Food Flavorings, LLC, a manufacturer of flavoring systems for the food and beverage industry. Terms of the acquisition were not disclosed. Through the acquisition Vitas Roman and Rick Englesbe, owners…
GARDEN CITY, NY. — Seviroli Foods LLC, a portfolio company of Mill Point Capital LLC, has acquired a portfolio of Italian food products from Ajinomoto Foods North America, Inc. Terms of the acquisition were not disclosed. The acquisition will include specialty…
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