IFF enters a definitive agreement to acquire Frutarom for US$7.1bn
USA – International Flavors & Fragrances Inc. has announced that they have entered into...
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Day: May 7, 2018
Ingredion profit in the first quarter up 13% on strong operations in S. America
USA – Ingredion has reported US$140 million in profit, up 13% on strong operations in South...
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AccorHotels acquires Mövenpick Hotels for US$567m for African reach
FRANCE – AccorHotels, the French multinational hotel group has acquired Mövenpick Hotels for...
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ADM nominates Michael S. Burke as new director to the company’s board
USA – Archer Daniels Midland, the American global food processing and commodities trading...
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Kerry Group business volume grows by 3.7% boosted by acquisitions
IRELAND – Kerry Group, the consumer foods company has posted 3.7% growth in business volume,...
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Kellogg’s snacks push sales 5% high, bets big on Africa
USA – Kellogg Co. has reported 5% increase in sales to US$3.40 billion lifted by snacks...
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Nestlé pays Starbucks US$7.1b for rights to sell coffee and products globally
SWITZERLAND – Nestlé has announced an agreement granting the company perpetual rights to...
Read MoreFDA extends its deadline for Nutrition Facts compliance by 18 months
USA – The Food and Drug Administration will extend the compliance date for the updated Nutrition Facts panel by 18 months, according to a final rule published in the Federal Register. Manufacturers with at least US$10...
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Budweiser unveils a new edition to Reserve Collection of beer brands
NEW YORK – Budweiser, an American-style pale lager produced by Anheuser-Busch, has unveiled the...
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Mondelēz International announces agreement to acquire Tate’s Bake Shop
USA – Mondelēz International has announced an agreement with The Riverside Company, a global...
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