Nestlé takes majority stake in high-end coffee marker Blue Bottle
USA – Nestlé has announced its acquisition of a majority stake in the California-based Blue...
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Day: September 18, 2017
EU Court refuses GMO ban by states unless risks are proven
EUROPE – The European Court Of Justice has ruled against the banning of genetically modified...
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Unilever opens new Africa Hub in South Africa
SOUTH AFRICA – Unilever has set up a new Africa Hub office in Johannesburg, South Africa, the...
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Kemin Industries opens new worldwide headquarters
USA – Kemin Industries employees and central Iowa community leaders celebrated the official grand opening of the company’s worldwide headquarters in Des Moines, Iowa, USA.
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Nakumatt and Tuskys supermarkets sign merger deal
KENYA – Troubled Nakumatt Supermarket has turned to Tuskys in bid to rescue its dwindling business.
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BASF’s late grab for Bayer seed assets marks strategy shift
GERMANY – BASF SE historically has boasted one of the widest portfolios in the chemicals industry, including products as dissimilar as cassette tapes and ulcer treatment. But it took a not-so-gentle nudge from the $160 billion wave of consolidation sweeping the agrochemical industry for the company to finally embrace seeds.
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Unilever acquires organic herbal tea business, Pukka Herbs
UNITED KINGDOM – Unilever has announced its interest in the acquisition of Pukka Herbs Ltd., a pioneering British brand and the fastest growing organic tea company in the world.
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Roquette seals Itacel deal, reinforces focus on pharma excipients
FRANCE – Roquette, a global leader in innovative plant-based ingredients, has successfully finalised its acquisition process of Itacel from Blanver.
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Nestlé enters the plant-based foods market, acquires Sweet Earth
USA – Nestlé USA has announced its interest to acquire Sweet Earth, a plant-based foods manufacturer based in California, USA.
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Frutarom buys 51% stake in local flavours company
ISRAEL – Israeli’s flavor and fine ingredients company, Frutarom Industries has bought a 51% stake, which is valued at about $15.1million in a local company Turpaz Perfume and Flavor Extracts.
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