Chr. Hansen expands natural colors range with new Red FruitMax

DENMARK -  Global Bioscience company, Chr. Hansen has developed a new red natural colour ingredient, FruitMax to provide manufacturers with vibrant natural colour solutions. The new product aims to solve technical challenges experienced by food and beverage manufacturers in creating a stable and vibrant red colour. FruitMax finds application in several food products such as…

Danish fruit-drinks maker CO-RO buys majority stake in Chinese JKD

CHINA – Co-Ro Food, a leading manufacturer of fruit-based non-carbonated soft drinks based in Denmark has acquired the majority shareholding in Golden Creation Trade Co. Limited, trading as JKD for an undisclosed sum. The company said the acquisition reinforces its market position in China and is expected to generate a 30% growth rate in 2019…

Chr. Hansen unveils innovation fund for next generation microbial solutions for agriculture

DENMARK – The global bioscience company, Chr. Hansen has launched innovation fund to develop microbial and natural solutions for sustainable agricultural production. According to Chr. Hansen, the kitty granted by the Danish Innovation Fund aims to fund a US$4.48 million (3.9mn Euro) four-year project dubbed ‘Bac4CroP’. As global food demand increases, the world innovators are…

Arla Foods to cut 140 jobs as part of 400m euro cost-saving plan

DENMARK – Arla Foods, the largest producer of dairy products in Scandinavia plans to cut 140 roles as part of its cost saving initiative it launched in April this year. According to FoodBev, the new redundancies will take place across the company’s Marketing, Supply Chain Finance, International and HR units, predominantly at the company’s head office…

Carlsberg delivers 7.4% growth in net revenue driven by higher volumes

DENMARK – The global brewer, Carlsberg Group has confirmed strong performance in the third quarter, with 7.4% rise in net revenue to US$2.68 billion driven by total organic volume growth and price/mix. According to the company, total volumes grew by 8.6%, impacted by the increased ownership in Cambrew, which was consolidated from 1 August. International…

Chr. Hansen reveals probiotic strain that protects from painkillers’ effect

DENMARK - Chr. Hansen A/S, the global bioscience company has completed a clinical trial using a carefully selected probiotic strain that protects the gut against side effects caused by painkillers. The company said the trial which used capsule endoscopy to reveal GI damage, has reached both the primary and secondary end-points of trial indicating ability…

Carlsberg launches new alcohol-free beer brand to meet demand

DENMARK - Carlsberg A/S, the European global brewer has unveiled Birell, a new alcohol-free beer brand available in two styles that is, Pilsner Lager and Belgian Wit driven by strong consumer demand. According to Carlsberg, although the brand has no alcohol, it portrays the same characteristics desired by consumers including body, mouthfeel, foam and great…

Arla introduces cost-cutting program, ‘Calcium’ to save 400m euros

DENMARK - Arla has unveiled a new program, ‘Calcium’, a transformative cost-cutting initiative which it said will enhance efficiency, thus saving more than US$492 million for the next three years. Based on Good Growth 2020 Arla strategy that aims to create value for farmer owners, the company remains committed to strong sustainable growth as it…

Danish Crown acquires pepperoni producer DK-Foods

DENMARK - The Denmark Crown group has acquired the Danish pepperoni giant DK-Foods, to expand its pizza topping portfolio to become the European market leader in importing, exporting, distributing and manufacturing frozen pizza. As part of the agreement, DK-Foods will operate as a separate business unit under Danish Crown's subsidiary Tulip Food Company and will…

Arla reports sales boost, links business improvement to investment, expansion and innovation

DENMARK - Arla Foods, headquartered in Denmark, has reported an increase in sales attributed to higher milk prices and a net profit of 2.8% of revenue within its target range in 2017 annual results. An increase in sales prices to US$1.2 billion and overall business growth was supported by strong performance by Arla Foods’ global…