ISRAEL – World’s leading flavor and fragrances company, Givaudan has partnered with the Israeli-based technology incubator owned by the Strauss Group, to accelerate innovation in the food sector. According to Givaudan, the partnership will enable expand its innovation ecosystem further by connecting with Israel-based food entrepreneurs who are contributing to the creation of healthier and…
ISRAEL – Tipa, a bio-based packaging company, has partnered with Bio4Pack and Servo Artpack to create compostable packaging for Dutch coffee brand Peeze. According to the company, the making of Peeze’s packaging is designed to be entirely compostable in industrial compost facilities and it can be treated as organic waste after use. Tipa, which won…
ISRAEL - Aleph Farms, Israeli food technology start-up company, has called on the US Department of Agriculture (USDA) to promote clean meat for its compelling safety advantages, such as being antibiotic free and pathogen free. Alepha Farms made the request in response to the US Cattlemen's Association's (USCA) petition to the USDA to restrict the…
USA - International Flavors & Fragrances Inc. has announced that they have entered into a definitive agreement under which IFF will acquire Frutarom in a cash and stock transaction valued at approximately US$7.1 billion, including the assumption of Frutarom’s net debt. Frutarom makes natural colors, food ingredients, enzymes for customers including Unilever, Nestle and Coca…
ISRAEL - Israel-based and maker of high-quality children's dietary supplements, Anlit Ltd has unveiled a new, chewable DHA omega-3 supplements to help mother during pregnancy or breastfeeding. The fish-shaped supplements single-serving bite contain a high concentration of DHA as well as EPA (126mg DHA, 24mg EPA), for a total of 150mg omega-3 fatty acids, according…
ISRAEL - Israeli flavours company Frutarom has published its performance for the 2017 with sales growing by 18.8% to a record US$1.4 billion buoyed by organic growth and successful acquisitions of companies around the world. The company reported an operating profit of US$211 million, up 41%, with its its EBITDA jumping 34% to US$257 million.…
USA -Israeli flavours companyFrutarom has acquired a 70% stake in the Argentinean flavor and fragrances company, Group Meroar for US$ 11.2 million deepening its expansion strategy into the Latin American market. According to the company, the remaining 30% stake will remain under the ownership of the original shareholders in Meroar. The purchase agreement includes an option…
ISRAEL - Frutarom, Israeli-based flavor and fragrance company has debuted a new solution dubbed, SubSTAR Solutions for Salmon oil protection in pet food industry. Frutarom Food Protection Division has unveiled the new solution which plays a vital role in management of salmon oil oxidation. According to the company, the animal fats, vegetable oils and meals…
ISRAEL- AB InBev has bought the Tel Aviv based company WeissBeerger, developer of IoT analytics tools for the beer and beverage industry in a move to improve its research and development capabilities. AB InBev will access the firm’s analytical tools often used in bars and restaurants including sensors attached to kegs, refrigerators and beer taps…
ISRAEL - Frutarom, a flavor and fragrance company based in Israel has secured a US$21.02 million loan from Bank Leumi for the acquisition of UK-based flavors company, Flavours & Essences (UK) Ltd. Flavours & Essences (UK) Ltd, founded in 1998 and in Blackburn, United Kingdom develops, manufactures, and distributes flavors and natural colors. In August 2017, Frutarom…
