South African consumer health businesses Maia Group gets backing from EXEO Capital

SOUTH AFRICA – Maia Group, a South African holding company focused on consumer health businesses has received an undisclosed amount of investment from EXEO Capital, a leading pan-African private equity investment manager, through its Food and Agribusiness fund, Agri-Vie Fund II, The backing is aimed to enable Maia to accelerate its growth strategy. The company established by Simon Alston and Stuart Sinclair, includes Wellness Warehouse and True Health Holdings. Avril Stassen, Senior Partner at EXEO Capital, said that the decision to invest in this firm follows the strong market growth…

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Mondelēz to expand snack portfolio with acquisition of UK performance nutrition brand Grenade

UK – Owner of Cadbury chocolate brand, Mondelēz International has agreed to to acquire UK performance nutrition company Grenade from its majority shareholder Lion Capital as part of its continuing expansion into the snacking sector. The deal comes barely two weeks after Mondelēz purchased Australian based premium cracker company Gourmet Food Holdings. This is in addition to the acquisition of plant-based snack brand Hu Products which was made in January in an effort to tap into the increasingly popular better-for-you snack segment. Grenade manufactures a range of sports nutrition products…

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Kerry, World Food Programme partner to improve milk value chain in Burundi

BURUNDI – Kerry, one of the world’s leading taste and nutrition company has partnered with the United Nations World Food Programme to launch Project Amata in Burundi, aimed to enhance the production and availability of safe, sustainable milk for children and communities. The project will be supported by a direct financial contribution of US$750,000 from the Irish company, aimed to improve food security and nutrition by strengthening the milk value chain. Over the course of the three-year programme, Kerry experts and WFP staff will work together with farmers and the…

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Demand for products perceived to enhance immunity will continue in the future beyond COVID-19 – Kerry

IRELAND – The COVID-19 pandemic brought attention to the importance of a functional immune system stimulating demand for functional foods and beverages globally. A recent study conducted by Irish Food and Ingredients Company Kerry revealed that this trend will continue in the future beyond COVID-19. According to the research, 65 percent of functional beverage consumers are more worried about their health since the start of the pandemic. Furthermore, when asked about the health concerns that have become more important since the emergence of COVID-19, 59 percent of respondents in the…

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British Grocer Tesco to increase healthier products sales proportion to boost nation’s health

US – British multinational grocer Tesco has joined campaign to boost the nation’s health with a new target to increase the proportion of sales from healthier products in the UK to 65 percent by 2025. The UK Department defines healthier products as those food and non-alcoholic drink products not identified as ‘high in fat, sugar and salt (HFSS)’. This is the definition that the British grocer is going by in determining which products will be given prominence in its store across the UK. Food Ingredients First reported that Tesco’s move…

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Japanese beverage giant Kirin supports healthy aging with new memory-supporting ingredient

JAPAN – Kirin Holdings has introduced a new functional ingredient to support “support the maintenance of memory, which declines with age.” Called Beta-Lactolin, the new ingredient reportedly targets those who are healthy but have started to become forgetful or slower in making decisions due to the natural aging process. To ensure market success, Kirin is partnering with a number of local food companies to launch the product in various forms including a beverage, yogurt, and supplements. New products to be released throughout Japan include beta-lactolin by Kyowa Hakko Bio on…

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Kenyan county government to tackle malnutrition with US$23.2m Nutrition Action Plan

KENYA – The County government of Nakuru in Central Kenya has partnered with Nutrition International and other nutrition stakeholders to launch Ksh. 2.55 billion (US$23.2m) County Nutrition Action Plan (CNAP), aimed to tackle the menace of malnutrition in the region. The CNAP, according to Kenya News Agency, is comprised of a set of ambitious targets for the scale-up of nutrition interventions over the next five years, providing a road-map for all the stakeholders to reverse and address the burden of malnutrition. Nutrition International, a not-for-profit agency based in Canada, has…

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Zambeef donates protective gears to Zambian schools, ensuring safety of learners, teachers

ZAMBIA – Integrated cold chain food products and agribusiness company Zambeef has issued its support to Zambia’s education sector by donating hand washing stations, hand sanitisers, temperature guns and facemasks to a number of schools, to aid their efforts of fighting the spread of COVID-19. Beneficiaries include Mupama Pamo Primary, Liteta Primary and Mwayasunka Secondary School, as well as the Zambeef-sponsored Nampamba Private School in Mpongwe. The donations are timely as they will ensure the safety of learners and teachers as they start the 2021 academic year, giving them a…

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Government of Ireland supports WFP in establishment of National Nutrition Centre of Excellence in Malawi

MALAWI – The government of Ireland has joined the United Nations World Food Programme (WFP) in fight against malnutrition in Malawi, contributing EUR 550,000 (US$600,000). The contribution, according to WFP will be used to promote access to quality nutrition and health services targeting 30,000 malnourished children, adolescents, and women. Its focus will be on maternal, infant and child nutrition to reduce stunting and micronutrient deficiencies. The backing will also be used to provide technical support to the Government of Malawi in establishing a National Nutrition Centre of Excellence. The centre…

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Lactalis Ingredients launches nutritional solution for healthy ageing

FRANCE – Lactalis Ingredients, a division of French multinational dairy products corporation Lactalis, has expanded its Pronativ native whey protein range with a new micellar casein isolate targeted at consumers who are proactive about healthy ageing. The company says the new Pronativ Native Micellar Casein contains 88% protein and is suitable for food and beverage enrichment, in particular as a nutritional solution for healthy ageing and medical applications. With its new ingredient, Lactalis aims to meet the rising demand for functional products among an ageing population, as well as younger…

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