ICL Food Specialties to purchase EU-based functional dairy proteins company
January 28, 2015
ICL, a global manufacturer of products that fulfill essential needs in the agriculture, processed food and engineered materials markets, announced that its ICL Food Specialties business unit (“ICL FS”) has entered into a share purchase agreement (“SPA”) to acquire Prolactal GmbH, and its subsidiary, Rovita GmbH (collectively, “Prolactal”). Prolactal, based in Hartberg, Austria, and Engelsberg, Germany, is a leading European producer of dairy proteins and other ingredients for the food and beverage industries.
Researchers and thought leaders weigh in on cutting-edge strategies that may help drive down rates of obesity
January 28, 2015
From nutritious foods that fill you up faster to new weight-loss medications to government food taxes, obesity experts predict maintaining a healthy weight may get much easier during the next few decades.
Hansberry succeeds Dave Beré, who will serve as Chairman of the Board of Directors
January 27, 2015
Nonni’s Foods LLC (Nonni’s), a provider of premium, specialty cookies and baked goods, announced Brian Hansberry as Chief Executive Officer effective immediately. Hansberry succeeds Dave Beré, who is retiring from the role of CEO, and will now serve as Chairman of the Board of Directors for Nonni’s Foods.
Post and MOM Brands together solidify Post's position as the third largest provider of RTE cereal with a combined dollar share of approximately 18%
January 26, 2015
Post Holdings, Inc., a consumer packaged goods holding company, announced it has agreed to acquire privately-owned MOM Brands Company ("MOM Brands"). MOM Brands is a leader in the ready-to-eat ("RTE") cereal value segment, with over 95 years of experience in providing high quality RTE and hot cereal products.
Haaijer to lead DSM Food Specialties, one of the five global divisions of Royal DSM NV
January 26, 2015
DSM, the life sciences and material sciences company, announced that it appointed Ilona Haaijer as President and CEO of DSM Food Specialties, one of the five global divisions of Royal DSM NV.
Deal brings Amway closer to expanding energy drink market
January 23, 2015
Amway, the a direct selling corporation, acquired the XS® Energy brand, co-founded by former Amway business owner David Vanderveen. The deal expands the brand's geographic reach and advances Amway's strategy of connecting with young entrepreneurs.
American Heart Association declares daily beet juice intake curbs high blood pressure
January 22, 2015
This latest research published in the American Heart Association's journal Hypertension shows that patients with high blood pressure who drank a daily 250ml glass of beet juice experienced an average decrease in blood pressure of about 8/4 mmHg.
Strategic acquisition provides new product capabilities and additional sandwich and bakery capacity
January 21, 2015
AdvancePierre Foods ("AdvancePierre"), a supplier of value-added, center-of-plate protein and sandwich products to foodservice, retail and convenience channels, announced that it has entered into a definitive agreement to acquire the wholesale and manufacturing operations of Landshire, Inc. ("Landshire"), a Caseyville, Ill.-based manufacturer of sandwich products.