Move expands Ingredion's customer base, specialty portfolio and texture expertise
December 20, 2016
Ingredion Incorporated, a global provider of ingredient solutions to diversified industries, announced today that it has entered into a stock purchase agreement to acquire all of the outstanding shares of TIC Gums Incorporated, a privately held, US-based company that provides advanced texture systems to the food and beverage industry.
Andy Malloy brings over 25 years in the snack food industry
December 19, 2016
Hail Merry, a participant in the natural refrigerated desserts and snacks category with its award-winning plant-based tarts and bites, hired Andy Malloy as chief executive officer.
Microbiology and life sciences company to combine with global microbial detection and diagnostics business
December 15, 2016
DuPont Nutrition & Health and Hygiena, a Warburg Pincus portfolio company that specializes in rapid food safety and environmental sanitation testing, announced that Hygiena will acquire DuPont's global food safety diagnostics business
Move places importance of human health above litigation
December 14, 2016
Both parties will withdraw all legal complaints, cross license each other’s “use patents” and begin to form a Lutein and Zeaxanthin Trade Organization.
James Quincey to succeed Muhtar Kent as CEO in May
December 13, 2016
Under the new structure, company veteran James Quincey, president and chief operating officer (COO), will succeed Kent as CEO, effective May 1, 2017. Kent will continue as chairman of the Board of Directors.