ADM will buy a 50% stake in Russian supplier Aston Foods’ corn business, expanding its sweetener and starch capacity in Russia and globally. The deal, which must still be approved by financial regulators, would see Chicago-headquartered Archer Daniels Midland (ADM) become a 50% owner of Aston’s corn wet mills in Ibred and Novlyanka. The US […]
International Flavors & Fragrances Inc. (IFF) have announced that it had acquired PowderPure (Columbia Phytotechnology LLC) on April 7, 2017. Founded in the early 2000s and based in Oregon, PowderPure utilizes its patented Infidri drying technology to create all-natural food ingredients by eliminating water while leaving the taste, nutrition and color matrix intact. Using minimal […]
Nexira has become a 100% privately owned company. The French headquartered natural extracts supplier, which is the global leader in acacia gum, has acquired the 24% of stock that had been owned by financial sleeping partner investor Edmond de Rothschild since 2010. The move comes as Nexira looks to expand its position in health & […]
